Clothing maker Jones Apparel Group Inc has posted a fall in first quarter profit to $94.4 million, down from $121.8m in the same period a year ago.

The New York-based company, which partly attributed the downturn to its exit from a Polo Ralph Lauren Corp licence, also posted lower revenue of $1.21 billion for the quarter, down from $1.23bn in the previous first quarter.

According to CEO Peter Boneparth, the company achieved a "better than anticipated" performance for the quarter.

"The consumer shift toward more structured and career-oriented dressing aligns well with our strengths, and we are fulfilling that consumer trend," Boneparth said.

"Our diversified portfolio of highly recognisable brands capitalised on the improved economic landscape that was evidenced by increased consumer spending and stronger retail sales versus a year ago."

Jones' brand portfolio includes Gloria Vanderbilt, Easy Spirit and Anne Klein.