The Jones Group Inc. (ticker: JNY, exchange: New York Stock Exchange (.N))
News Release -
Jones Apparel Group, Inc. Announces Appointment of Gloria DiPuma, CPA
To Chief Financial Officer - Footwear, Accessories and Retail Group
NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- Wesley R. Card, Chief
Operating and Financial Officer of Jones Apparel Group, Inc. (NYSE: JNY),
today announced the appointment of Gloria DiPuma to the position of Chief
Financial Officer - Footwear, Accessories and Retail Group of Jones Apparel
Group, Inc. In this capacity, Ms. DiPuma will oversee the financial operation
for the wholesale footwear and accessories businesses and the Nine West Retail
Group. Ms. DiPuma joined Jones Apparel Group in June 1999 through the
acquisition of Nine West Group Inc. where she has served, since 1993, in
various senior financial and operational roles.
Ms. DiPuma will continue to report directly to Rhonda Brown, President and
CEO, Footwear, Accessories and Retail Group.
Mr. Card stated,
I am very pleased to announce this appointment. Gloria
has been an instrumental leader in the successful restructuring of the Nine
West Group and we look forward to her continued contributions to the overall
success of the Jones Apparel Group.
Jones Apparel Group, Inc. (www.jny.com), a Fortune 500 Company, is a
leading designer and marketer of branded apparel, footwear and accessories.
The Company's nationally recognized brands include: Jones New York; Lauren by
Ralph Lauren, Ralph by Ralph Lauren, and Polo Jeans Company, which are
licensed from Polo Ralph Lauren Corporation; Evan-Picone, Rena Rowan, Norton
McNaughton, Gloria Vanderbilt, Erika, l.e.i., Energie, Currants, Jamie Scott,
Todd Oldham, Nine West, Easy Spirit, Enzo Angiolini, Bandolino, Napier and
Judith Jack. The Company also markets costume jewelry under the Tommy
Hilfiger brand licensed from Tommy Hilfiger Corporation and the Givenchy brand
licensed from Givenchy Corporation. Celebrating more than 30 years of
service, the Company has built a reputation for excellence in product quality
and value, and in operational execution.
Certain statements herein are
forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements represent the Company's expectations
or beliefs concerning future events that involve risks and uncertainties,
including the strength of the economy and the overall level of consumer
spending, the performance of the Company's products within the prevailing
retail environment, and other factors which are set forth in the Company's
2001 Form 10-K and in all filings with the SEC made by the Company subsequent
to the filing of the Form 10-K. The Company does not undertake to publicly
update or revise its forward-looking statements as a result of new
information, future events or otherwise.
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SOURCE Jones Apparel Group, Inc.
/CONTACT: Wesley R. Card, Chief Operating and Financial Officer, or
Anita D. Britt, Executive Vice President Finance, +1-215-785-4000, both of
Jones Apparel Group/
/Web site: http://www.jny.com /
CO: Jones Apparel Group, Inc.
ST: New York
IN: REA FAS TEX
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1302 10/16/2002 16:17 EDT http://www.prnewswire.com