batchsize=3;
event_count=8;
year=2010;
month=7;
day=30;
hour=12;
minute=26;
second=30;
event_date=2010-07-29 02:16:35;
sort_date=40388.094850;
Chief Pulse Comment by Richard Dickson
One drag on results was the company's l.e.i denim brand, whose sales plunged as Wal Mart scaled back orders to make way for a new clothing line from pop star Miley Cyrus.
But l.e.i is poised to rebound at Wal Mart, said Richard Dickson, Jones' CEO of branded business. "Partners who have been there and performed are going to get some extra attention," Dickson told The Post.
Jones shares rose 32 cents, or 1.9 percent, to $17
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One drag on results was the company's l.e.i denim brand, whose sales plunged as Wal Mart scaled back orders to make way for a new clothing line from pop star Miley Cyrus. <span class="sent">But l.e.i is poised to rebound at Wal Mart, said <span class="analyst">Richard Dickson</span>, <span class="company">Jones</span>' CEO of branded business.</span> "Partners who have been there and performed are going to get some extra attention," Dickson told The Post. <span class="company">Jones</span> shares rose 32 cents, or 1.9 percent, to $17....But l.e.i is poised to rebound at Wal Mart, said Richard <span class="analyst">Dickson</span>, <span class="company">Jones</span>' CEO of branded business. <span class="sent">"Partners who have been there and performed are going to get some extra attention," <span class="analyst">Dickson</span> told The Post. <span class="company">Jones</span> shares rose 32 cents, or 1.9 percent, to $17.</span>
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event_date=2010-07-28 13:32:35;
sort_date=40387.564294;
Chief Pulse Comment by Wesley R Card
Net income for the second quarter ended July 3 was $25.8 million, or 30 cents a share, up from $13.1 million, or 15 cents, a year earlier.
"We are very pleased with our second quarter results and the performance of our core brands over the entire spring summer season," said Wesley R. Card, CEO of Jones Apparel (NYSE:NY). He noted improvement in the "better apparel" category, as well as footwear and accessories and jeanswear. Profits were helped by having to offer fewer items at discount and by more aggressive inventory management.
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Net income for the second quarter ended July 3 was $25.8 million, or 30 cents a share, up from $13.1 million, or 15 cents, a year earlier. <span class="sent">"We are very pleased with our second quarter results and the performance of our core brands over the entire spring summer season," said Wesley R. Card, CEO of <span class="company">Jones Apparel</span> (NYSE:NY).</span> He noted improvement in the "better apparel" category, as well as footwear and accessories and jeanswear. Profits were helped by having to offer fewer items at discount and by more aggressive inventory management. Tweet this
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event_date=2010-07-28 13:04:42;
sort_date=40387.544931;
Chief Pulse Comment by Wesley R Card
By JODI XU.
Jones Apparel Group Inc.'s second quarter profit nearly doubled on better than expected sales, with particular strong performance in apparel and footwear segments.
Results beat expectations, although Chief Executive Wesley Card noted caution. "We are mindful of the current uncertain retail environment and note that recent consumer behavior is more cautious," Mr. Card said. While cutting cost and managing inventory,
Jones Apparel said it will focus on building the portfolio both internally and through acquisitions
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By JODI XU. <span class="company">Jones Apparel</span> Group Inc.'s second quarter profit nearly doubled on better than expected sales, with particular strong performance in apparel and footwear segments. <span class="sent">Results beat expectations, although Chief Executive <span class="analyst">Wesley Card</span> noted caution.</span> "We are mindful of the current uncertain retail environment and note that recent consumer behavior is more cautious," Mr. Card said. While cutting cost and managing inventory, <span class="company">Jones Apparel</span> said it will focus on building the portfolio both internally and through acquisitions....Results beat expectations, although Chief Executive Wesley <span class="analyst">Card</span> noted caution. <span class="sent">"We are mindful of the current uncertain retail environment and note that recent consumer behavior is more cautious," Mr. <span class="analyst">Card</span> said.</span> While cutting cost and managing inventory, <span class="company">Jones Apparel</span> said it will focus on building the portfolio both internally and through acquisitions. Mr. <span class="analyst">Card</span> said the company is pleased with the contributions of Stuart Weitzman and other recent acquisitions and line expansions, and will continue to search for more opportunities....While cutting cost and managing inventory, <span class="company">Jones Apparel</span> said it will focus on building the portfolio both internally and through acquisitions. <span class="sent">Mr. <span class="analyst">Card</span> said the company is pleased with the contributions of Stuart Weitzman and other recent acquisitions and line expansions, and will continue to search for more opportunities.</span> <span class="company">Jones Apparel</span> reported a profit of $25.7 million, or 30 cents a share, up from $13.1 million, or 15 cents a share, a year earlier. Excluding restructuring and other charges, earnings rose to 45 cents from 29 cents a share. Tweet this
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event_date=2010-06-09 09:05:30;
sort_date=40338.378819;
event_date=2010-05-13 10:09:22;
sort_date=40311.423171;
Rumor
Seeking Acquisitions
event_date=2010-05-07 08:02:14;
sort_date=40305.334884;
Jones Apparel Group , owner of Anne Klein and and Nine West brands, said Thursday has that it had agreed to pony up $180 million in cash for a majority stake in the shoemaker Stuart Weitzman. Under the terms of the deal, the mid market retailer is buying the holding from a group of investors including the private equity firm Irving Place Capital, Bloomberg News said . Furthermore, the shoemaker's designer and chairman, Stuart Weitzman, plans to sell his remaining 45 percent stake to Jones Apparel in 2012, The New York Post said .
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<span class="company">Jones Apparel Group</span> , owner of Anne Klein and and Nine West brands, said Thursday has that it had agreed to pony up $180 million in cash for a majority stake in the shoemaker Stuart Weitzman. Under the terms of the deal, the mid market retailer is buying the holding from a group of investors including the private equity firm Irving Place Capital, Bloomberg News said . Furthermore, the shoemaker's designer and chairman, Stuart Weitzman, plans to sell his remaining 45 percent stake to Jones Apparel in 2012, The New York Post said . Tweet this
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event_date=2010-05-06 08:37:40;
sort_date=40304.359491;
Completed
Acquisition
Jones Apparel Group, Inc. ("Jones") (NYSE: JNY) today announced that it has entered into an agreement to acquire Stuart Weitzman Holdings, LLC ("Stuart Weitzman, LLC"), a privately-held leading designer and manufacturer of women's salon footwear and accessories. Stuart Weitzman, LLC markets its products in fine specialty and department stores worldwide and in its own chain of retail stores in the U.S. and abroad. Stuart Weitzman, LLC realized net revenues of approximately $193 million for the year ended January 2, 2010.
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<span class="sent">Jones Apparel Group, Inc. ("Jones") (NYSE: JNY) today announced that it has entered into an agreement to acquire Stuart Weitzman Holdings, LLC ("Stuart Weitzman, LLC"), a privately-held leading designer and manufacturer of women's salon footwear and accessories. Stuart Weitzman, LLC markets its products in fine specialty and department stores worldwide and in its own chain of retail stores in the U.S. and abroad. Stuart Weitzman, LLC realized net revenues of approximately $193 million for the</span> year ended January 2, 2010. Tweet this
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Jones Apparel Group, Inc. (JNY) had
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