The Jones Group Inc. (ticker: JNY, exchange: New York Stock Exchange (.N))
News Release -
Jones Apparel Group, Inc. Announces Increased Roles
For Susan Metzger and Susan Rieland
NEW YORK, Sept. 18 /PRNewswire-FirstCall/ -- Jones Apparel Group, Inc.
(NYSE: JNY) today announced the expanded roles for two key executives. Susan
Metzger, President, Sales and Marketing for Jones New York Signature will
become Group President with the addition of Jones New York Sport, Jones New
York Country, Easy Spirit Apparel and Rena Rowan to her responsibilities.
Susan Rieland, President, Casual Design, for Jones New York Signature and
Jones New York Sport will assume Jones New York Country, Easy Spirit and Rena
Peter Boneparth, Chief Executive Officer of Jones Apparel Group,
commented, "These talented executives and their teams have been the driving
force behind the newly launched Jones New York Signature product line, which
has just been rolled out for retailer review this month. The response has
been extremely positive to this fresh, innovative product which completes the
full lifestyle dressing needs of the Jones New York customer. We believe that
these key brands under the direction of Ms. Metzger and Ms. Rieland will
provide those businesses with a unique, differentiated product focus and
additional growth opportunities."
Mr. Boneparth continued, "Susan Rieland and Susan Metzger have been key
contributors to the success of Jones Apparel Group for many years, with their
respective outstanding merchandising talent and sales and marketing expertise.
We believe that their talent and skill sets will provide further acceleration
to these additional apparel lines."
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; Polo
Jeans Company licensed from Polo Ralph Lauren Corporation; Evan-Picone, Rena
Rowan, Norton McNaughton, Gloria Vanderbilt, Erika, l.e.i., Energie, 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, and footwear and accessories under the ESPRIT brand
licensed from Esprit Europe, B.V. 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
2002 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.
SOURCE Jones Apparel Group, Inc.