The Jones Group Inc. (ticker: JNY, exchange: New York Stock Exchange (.N))
News Release -
Lynne Fish Appointed President of Women's Moderate Apparel Group for Jones Apparel Group, Inc.
NEW YORK, Nov. 13 /PRNewswire/ -- Peter Boneparth, Chief Executive Officer
of Women's Moderate Apparel Group and Executive Management Committee member of
Jones Apparel Group, Inc. (NYSE: JNY), announced that Lynne Fish has been
named President of the Women's Moderate Apparel Group and will report directly
to him. Mr. Boneparth commented, "Lynne's appointment is in acknowledgement
of her success and contribution in the growth of the Norton McNaughton brand
and its associated extensions. In her new position, Ms. Fish will be
responsible for the Norton McNaughton, Jones Wear, Nine and Company and Evan-
Picone apparel brands." Mr. Boneparth went on to mention that, "Andrew Cohen
and Howard Zwilling will continue to lead the Energie and Miss Erika brands,
respectively, and also report to me."
Sidney Kimmel, Chairman, stated, "We have great confidence that Lynne's
extensive experience in building the successful Norton McNaughton business
will assist with further development and growth of these brands. Further
expansion within moderate remains an integral component of our growth and
diversification strategy for the future. We believe that there are excellent
opportunities for profitable business within moderate as a key contributor to
the success of the Company."
Ms. Fish joined the McNaughton team in 1998, most recently serving as
Executive Vice President of Merchandising. Prior to her career with
McNaughton, Ms. Fish held various positions relating to design, merchandising,
marketing and the production of women's moderate apparel.
Jones Apparel Group, Inc. (www.jny.com) 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, Erika,
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
2000 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.
MAKE YOUR OPINION COUNT - Click Here
SOURCE Jones Apparel Group, Inc.
Web site: http: //www.jny.com
CONTACT: Wesley R. Card, Chief Financial and Operations Officer, or Anita Britt, Senior Vice President Finance and Investor Relations, +1-215-785-4000, both of Jones Apparel Group