Jones Apparel Group (
) is a multi-brand company that designs and markets women's and
children's apparel, footwear, accessories, fragrances and jewelry.
The company sells its products through third-party specialty retail
stores and department stores, in addition to the company's own
retail stores, and it competes directly with comparable holding
companies such as Liz Claiborne (NYSE:LIZ) and Phillips-Van Heusen
(NYSE:PVH) as well as department store mainstays such as Polo
Ralph Lauren (NYSE:RL) and store-owned private labels.
We maintain a
$16.86 Trefis price estimate
for Jones Apparel Group's stock, which is about 35% above the
market price. Below we take a look at 3 business segments which
mean the most for Jones Apparel Group.
1) Better Apparels Wholesale - represents 31% of the Trefis
estimate for Jones
Better Apparel wholesale includes sales of brands sold in
third-party specialty stores and department stores. Brands
cover a broad array of categories for the women's apparel. Within
those brands, various product classifications include career
and casual sportswear, jeans wear, dresses, suits, and a
combination of all components termed lifestyle collection.
This segment includes brands like Jones New York, Nine West,
Anne Klein, Rachel Roy among others.
See the top forecasts for Better Apparel
2) Footwear & Accessories Wholesale - 24%
Wholesale footwear and accessories operations include the sales
of both branded and private label footwear, handbags, small
leather goods and costume, semi-precious, sterling silver, and
This segment is made up of smattering of brands in JNY's
portfolio which include Joan & David, Nine West, Easy Spirit,
Dockers Women and many others.
See the top forecasts for Footwear &
Accessories Wholesale division
3) Retail Store & Online Sales - 20%
JNY specialty retail stores sell either footwear and
accessories or apparel (or a combination of these products)
primarily under their respective brand names. Nine West, Easy
Spirit, Bandolino and AK Anne Klein retail stores offer
selections of exclusive products not marketed to our wholesale
customers. Its multi-branded ShoeWoo specialty stores offer
selections from many of our brand names. Specialty retail stores
also sell products licensed by JNY, including belts, legwear,
outerwear, watches and sunglasses.
JNY specialty retail stores focus on women's attire needs and
offer a full range of career and casual separates, dresses, tops,
weekend wear, shoes and accessories.
JNY stores compete in the "better" priced category with clothing
targeted at affluent career women.
See the top forecasts for Retail Store & Online Sales
See our full analysis for Jones Apparel Group