Jones Group (NYSE:JNY) is a designer, marketer, wholesaler and retailer of footwear, accessories, apparel, jewelry and handbags in the US and internationally. The company offers its product under a dizzying array of brands including Nine West, Jones New York, Anne Klein and over a dozen others. The company licenses its products to various distributors including specialty and apparel retailers as well as its own retail network. The company currently operates roughly 600 stores in total but several recent developments have muddied the picture of the future for JNY. Specifically, the company announced it was closing about 170 underperforming retail stores and that it was putting itself, or pieces of itself, on the block in order to facilitate...
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