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US: Skins appoints new VP of production | 28 Apr 08

Skins Inc, maker of a two-part interchangeable footwear concept, has appointed Gary Sefferman as its VP of production and logistics.

US: Paterno in new role for Nine West | 3 Mar 08

Nine West Group, a division of Jones Apparel Group, has appointed Richard Paterno as president, wholesale better footwear brands, with effect from 31 March.

US: Ted Kim new VP design at Anne Klein New York | 19 Feb 08

Jones Apparel Group Inc has hired Ted Kim to the newly created position of vice president design for its Anne Klein New York line.

US: Wal-Mart to stock l.e.i. brand this summer | 13 Feb 08

Wal-Mart is to sell Jones Apparel Group’s l.e.i. brand for juniors, junior plus and girls this summer at stores nationwide.

US: Jones Apparel narrows Q4 loss | 13 Feb 08

Jones Apparel Group Inc today (13 February) said it had narrowed its fourth quarter loss, despite lower sales as it exited several sportswear lines.

US: Jones Q3 income surges on Barneys sale | 31 Oct 07

Jones Apparel Group has seen its third quarter profit soar five-fold, helped by the sale of its Barneys New York unit last month.

US: Jones Apparel to close Hanahan warehouses | 22 Oct 07

US fashion group Jones Apparel is planning to close down its distribution operations in Berkeley County, South Carolina, where nearly 300 people currently work.

US: True Religion COO Daryl Rosenberg resigns | 1 Oct 07

Upmarket jeans and apparel maker True Religion has announced the resignation of chief operating officer Daryl Rosenberg.

US: Jones completes Barneys sale, plans share buyback | 10 Sep 07

Jones Apparel Group Inc has completed the sale of its Barneys New York Inc unit and says it plans to use some of the proceeds to fund a $400m stock buyback.

US: Jones Apparel appoints Offir to e-commerce post | 30 Aug 07

Jones Apparel Group has appointed Ronald Offir as its president of e-commerce, where he will be responsible for maximising the company's online channel across all of Jones' brands and divisions.

JAPAN: Fast Retailing wins bid for Cabin Co | 21 Aug 07

Japan's Fast Retailing has won a tender offer to buy the common stock of Tokyo-listed Cabin Co, as it turns its eye away from the Barneys New York chain.

US: AnnTaylor marketing chief in surprise resignation | 20 Aug 07

The chief marketing officer at women's apparel retailer AnnTaylor Stores Corp, Elaine Boltz, is leaving the company just a week after chief financial officer James Smith resigned.

US: Jones Apparel puts $22.5m price on brands to be sold | 14 Aug 07

The value of the brands that Jones Apparel hopes to sell by the end of this year is $22.5m according to a filing posted with the Securities and Exchange Commission today (14 August).

US: AnnTaylor hires Mendelson as president of new store concept | 13 Aug 07

Ann Taylor Stores has named Mark Mendelson as president of the company's new store concept , reporting directly to Kay Krill, president and CEO.

UAE: Istithmar plans five new Barneys stores | 13 Aug 07

The chief executive of Istithmar, the Dubai-based investment group purchasing Barneys New York, has told a local radio station that the company intends to open five US stores upon completing the deal.

JAPAN: Fast Retailing withdraws beaten bid for Barneys | 9 Aug 07

Japan's Fast Retailing has announced the withdrawal of its amended proposal to acquire Barneys New York having been trumped by Dubai-based private equity firm Istithmar.

US: Barneys takeover battle takes a twist | 8 Aug 07

Jones Apparel Group has signed an amended definitive stock purchase agreement to sell its Barneys New York subsidiary to Dubai-based Istithmar for US$942.3m.

JAPAN: Fast Retailing ups Barneys bid to $950m | 6 Aug 07

Fast Retailing has today (6 August) ammended its bid to acquire Barneys New York from Jones Apparel to US$950m in cash, after a rival $900m bid was submitted by Istithmar.

US: Jones posts quarterly loss of US$47.1m | 2 Aug 07

Jones Apparel Group has reported a second quarter net loss of US$47.1m for the second quarter period, as the company prepares to offload its Barneys New York chain. Same-store sales fell 8%.

JAPAN: Fast Retailing submits definitive offer for Barneys | 31 Jul 07

Japan’s Fast Retailing group has moved forward with plans to buy Barneys New York from Jones Apparel Group for US$900m in cash, submitting a definitive proposal to acquire the luxury chain.

US: Jones Apparel reorganises women’s wear team | 24 Jul 07

Apparel and footwear company Jones Apparel Group has promoted Susan Metzger as chief executive officer of its Women's Better sportswear division as part of a wider executive shuffle taking immediate effect.

JAPAN: Fast Retailing bids for Cabin casual wear chain | 20 Jul 07

Fast Retailing Co, operator of the Uniqlo casual clothing chain, is launching a friendly JPY14.7bn (US$121.3m) tender offer to take full control of the Cabin Co casual wear retailer.

US: Skins hires Deborah Gargiulo as CFO | 20 Jul 07

Interchangeable footwear maker Skins has hired Deborah Gargiulo, formerly of Jones Apparel, to the position of CFO.

US: Jones Apparel names DiPietrantonio as operations chief | 17 Jul 07

Jones Apparel Group has appointed Cynthia DiPietrantonio to chief operations officer of the company.

UK: Fast Retailing to invest GBP5.25m in expansion | 16 Jul 07

Fast Retailing Co Ltd, owner of the Uniqlo casual clothing chain, is to invest an additional GBP5.25m in its UK operation.

ANALYSIS: Liz Claiborne raises the bar on brands | 13 Jul 07

Liz Claiborne has spent the best part of the last two decades buying small, niche-oriented brands. But this week the company ushered in a new era by announcing plans to focus on smaller, more powerful labels and develop its own retail businesses. Whatever the outcome of its change of direction, Arnold Karr believes the standards for a “lifestyle brand” have now been permanently raised.

US: Jones Apparel CEO resigns, Wesley Card steps into role | 12 Jul 07

Jones Apparel Group Inc, which is currently in the process of selling its Barneys New York business, today (12 July) announced the resignation of president and chief executive officer Peter Boneparth and said he will be succeeded by current finance chief Wesley R Card.

JAPAN: Fast Retailing nine-month profit drops 11.5% | 12 Jul 07

Fast Retailing Co Ltd, operator of the Uniqlo-brand casual-wear shops, on Thursday (12 July) reported an 11.5% drop in group profit for the nine months to May, blaming losses at its overseas subsidiaries and new GU and Onezone formats.

US: Fast Retailing submits rival $900m bid for Barneys | 5 Jul 07

Jones Apparel Group Inc has received an unsolicited offer for its Barneys New York subsidiary from Japanese apparel group Fast Retailing Co, the owner of the Uniqlo casual clothing chain, for $900m in cash – beating an $825m deal already inked with Dubai-based private equity house Istithmar.

US: Istithmar to buy Barneys for $825m | 25 Jun 07

Ending months of feverish negotiation and even more speculation, Dubai-based private equity house Istithmar said late Friday (22 June) that it had agreed to acquire Barneys New York from Jones Apparel Group about US$825m.








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