The Jones Group Inc. (ticker: JNY, exchange: New York Stock Exchange (.N))
News Release -
Jones Apparel Group, Inc. Appoints
Mary Ann Curran to Chief Executive Officer of Its Canadian Businesses
NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- Jones Apparel Group, Inc.
(NYSE: JNY) today announced that Mary Ann Curran has been appointed to Chief
Executive Officer of its Canadian businesses. Ms. Curran has been with the
Company for 6 years, most recently as the Vice President and Chief Financial
Officer of Jones Apparel Group Canada Inc. In this expanded role, Ms. Curran
will also assume the responsibilities of Richard Shaw, who will be retiring
effective January 31, 2004. Ms. Curran will report to Peter Boneparth, Chief
Executive Officer of Jones Apparel Group, Inc.
Mr. Boneparth stated, "Mary Ann is a strong leader with a solid financial
and operational background. She has been an integral component of our
Canadian business and her appointment is a natural progression as we look to
grow our Canadian market presence. This is an exciting time for Jones Apparel
in Canada given the recent brand additions of Kasper, Anne Klein and Albert
Nipon to our portfolio. The Canadian market has tremendous potential for us
to pursue with our brand marketing and operational strengths." Mr. Boneparth
went on to say, "We also wish Richard well in his retirement and thank him for
his contributions to 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, Polo Jeans
Company licensed from Polo Ralph Lauren Corporation, Evan-Picone, Norton
McNaughton, Gloria Vanderbilt, Erika, l.e.i., Energie, Nine West, Easy Spirit,
Enzo Angiolini, Bandolino, Napier, Judith Jack, Kasper, Anne Klein, Albert
Nipon and LeSuit. 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.