Sycamore Partners, which acquired The Jones Group in April 2014 for $2.2 billion, appears to be interested in keeping only Nine West, Easy Spirit, Anne Klein and a few other operations. It announced that is studying strategic alternatives for the divestiture of the fashion brands Jones New York, Jones New York Sport, Jones New York Signature, Jones New York Jeans and Jones Wear. Licensing would be an alternative. Meanwhile, it plans to stop the wholesale activities of Jones New York and to close down its 127 outlet stores.

Topics