Jones New York news and archive

Jones New York teases menswear

Jones New York has traditionally been known for their women's workwear offerings. But, now, the brand is expanding their presence in the menswear realm. So far, the only details that have been released about the line is that it will be released for spring 2017. Traditionally, the menswear line was sold in outlet stores, but since Authentic...

Business

Grafton Fraser buys Jones New York’s stores in Canada

Canadian menswear company Grafton Fraser Inc., the privately held owner of chains such as Tip Top Tailors and Mr. Big & Tall, has acquired all 35 Jones New York retail stores across Canada. The move will allow the brand to survive in Canada even though its US stores are closing, highlights the ‘Financial Post’. “My senior executives grew up in...

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Authentic Brands Group acquires Jones New York

“The acquisition marks a new milestone in the company's growth, propelling the ABG portfolio to more than 4.5 billion dollar in retail sales,” said Authentic Brands Group (ABG), a marketer of several fashion, sports and lifestyle brands, about the acquisition of Jones New York. Jones New York generates circa 1 billion dollars in sales across the...

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TJX and Bluestar considering acquiring Jones New York

TJX Cos Inc., the parent company of TJ Maxx, and Bluestar Alliance, the brand management firm, are both eyeing Jones New York for an acquisition. Last month when Jones New York announced that they would be shuttering the doors on all operations both TJX and Bluestar pleaded to private equity firm Sycamore Partners to get their hands on the...

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Jones New York to close this year

Sycamore Partners, the private equity firm that acquired the Jones Group for 2.2 billion dollars, including debt last year, has announced that it is shutting down the Jones New York brand as it pursues “strategic alternatives”. The company stated that it plans to discontinue the Jones New York brand with the closure of the line’s wholesale...