USA: Jones Apparel Suffers Slide In Q1 Earnings
Clothing maker and retailer Jones Apparel Group Inc on Tuesday posted a 34 per cent year-on-year plunge in first-quarter earnings amid disappointing sales dropped and an accounting change. The New York-based company, whose brands include Jones New York and Nine West, said its net income fell to $70.7m, or 53 cents per diluted share, compared with $107.9m, or 84 cents per share, in 2001.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Fashion fit for the future – strategies for speed
- How PVH is paving the way for connected apparel
- Digitisation to drive new apparel-making models
- Under Armour Lighthouse will disrupt production
- Will new Vietnam wage hinder competitiveness?
- US Q3 in brief - Rocky Brands, Gymboree Corp
- Child refugees found in Turkey apparel factories
- Chinese manufacturer invests $20m in US facility
- Managing change in the move to new tech tools
- Apparel brands "ignoring" refugee abuse in Turkey
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global Sports and Fitness Wear Market 2016-2020
- Apparel (GLOBAL) - Industry Report