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USA: Jones Apparel Completes McNaughton Acquisition just-style.com | 20 Jun 01

Jones Apparel Group Inc has completed the acquisition of McNaughton Apparel Group Inc which was announced in April.  Jones will exchange 0.282 of a share of Jones common stock and $10.50 in cash for each share of McNaughton common stock. The exchange ratio was determined based on the average closing price of $40.68 for Jones common stock for the five-day period from June 11 through June 15, 2001. McNaughton had approximately 10.6 million shares of common stock outstanding, excluding stock options, at closing.


USA: Jones Apparel's Stock Buyback just-style.com | 22 May 01

Jones Apparel Group Inc repurchased $68.9m of its common stock in its first quarter ended April 7, according to a filing with the Securities and Exchange Commission. The Bristol, Pa, designer of women's apparel and footwear said in the filing that a total of $425.8m has been spent under its repurchase program as of April 7 to acquire as much as $500m of common shares. Jones Apparel Group said it repurchased about $121.9m of its common shares in the year-earlier period.


USA: Jones Apparel Group Announces Two Appointments just-style.com | 13 Mar 01

The Jones Apparel Group Inc has announced the appointment of Anita Britt to senior vice president Finance and Investor Relations, assuming responsibility for corporate finance, treasury and financial planning for the company. Ms Britt joined Jones Apparel Group in 1993, and most recently has held the title of vice president Finance and Investor Relations. This appointment is in acknowledgement of her expanded responsibilities within the group.


USA: Jones Apparel Selects Log-Net For Logistics Management just-style.com | 31 Jan 01

Log-Net Ins has signed a new deal with the Jones Apparel Group to provide the designer and marketer of branded apparel and footwear with online business-to-business solutions for their logistics management, supply-side visibility, international order management and vendor management. Log-Net will provide an online portal for all Jones Apparel Group divisions, as well as for their vendors in the US and overseas, to input and access data for all of their international purchase orders and shipments across all modes and all service providers.


USA: Jones Apparel To Sell 575,000 Common Shares just-style.com | 3 Jan 01

The chairman and chief executive of the Jones Apparel Group Inc, Sidney Kimmel, has filed to sell 575,000 common shares of the company. The women's apparel and footwear designers filed a Form 144 allowing the sale of restricted stock without a commitment to sell, listing the approximate sale date as December 26, and valuing the shares around $17.5m.


USA: Jones Apparel Group, Inc. Appoint Senior Vice President just-style.com | 12 Dec 00

The Jones Apparel Group Inc (NYSE: JNY ) has today announced the appointment of Paul Lanham as the new senior vice president and chief technology officer. In his new position, Paul Lanham will have responsibility for managing and coordinating the activities of all management information installations, all systems development activities and all business to business and Internet initiatives in progress for the corporation.


USA: Jones Apparel Group Reports Record Second-Quarter Revenues Company Press Release | 26 Jul 00

Jones Apparel Group Inc (NYSE: JNY) today announced record revenues and earnings for the quarter ended July 2, 2000.Total revenues for the quarter increased by 78% to $907 million, as compared to $510 million reported for the second quarter of 1999. Net income increased 56% to $56 million in comparison to $36 million (excluding a non- cash pre-tax charge of $6.

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