Monday, December 27, 2010

Lower Margins Pose Threat to Jones Apparel Group

Trefis submits:

Jones Apparel Group (NYSE: JNY) is a multi-brand company that designs and markets apparel, footwear, accessories, fragrances, and jewelry to women and children. The company’s primary brand was initially Jones New York, but over time it has acquired and established over 30 brands, including Nine West, Anne Klein and Easy Spirit. JNY’s brands cover a range of styles including sportswear, activewear, casual apparel, fashion, and formal attire.

Jones Apparel Group faces direct competition from comparable holding companies such as Liz Claiborne (NYSE: LIZ) and Phillips-Van Heusen (NYSE: PVH). In addition, many of JNY’s brands face competition from other department store mainstays such as Polo Ralph Lauren (NYSE: RL) and department store-owned private labels.


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