Jones Group's Fourth Quarter Expected Annual Losses Narrowed

The Jones Group Inc. (NYSE:JNY) released the four quarter and full year earnings. The fourth quarter adjusted earnings per share of US $0.19, and revenue fell 8.5% to 888 million 900 thousand US dollars, due to the expected US $0.12, compared with 971 million 900 thousand US dollars in the same period last year. In the 2013 fiscal year, the income of US $3 billion 764 million 900 thousand decreased by 0.9% P.

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< p > up to the four quarter of December 31, 2013, the net loss of The Jones Group Inc. (NYSE:JNY) dropped to US $44 million 600 thousand or 61 cents per share, a loss of 78 million 100 thousand US dollars last year or a loss of 1.06 US dollars per share; a net loss of 19 million 100 thousand US dollars a year, or a loss of 0.26 US dollars per share, a net loss of 5430 US dollars or a loss of 0.72 US dollars per share during the same period last year.

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< p > since the private equity fund Sycamore Partners LP has announced the acquisition of The Jones Group Inc. (NYSE:JNY), The Jones Jones will not hold management discussion meetings.

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< p > by the end of December 2013, Sycamore Partners LP announced the acquisition of The Jones Group Inc. (NYSE:JNY) of the apparel group. The purchase price was $15 per share, which was 6.16% higher than the market price of The Jones NYSE:JNY (19), and the total price was 6.16%, which amounted to 2 billion 200 million US dollars (including 1 billion US dollars).

News stimulated The Jones Group Inc. (NYSE:JNY) jumped 4.6% to $14.78 after 19 days after trading.

The two sides expect the paction to be completed in the two quarter of 2014, when The Jones Group Inc. (NYSE:JNY) will be delisted.

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< p > WWD quoted the news that The Jones Group Inc. (NYSE:JNY) will be divided into four companies by Sycamore Partners LP, namely shoes and denim business companies, including the clothing companies of Jones and department stores, as well as two independent companies.

Among them, < a href= "http://www.91se91.com/news/list.aspx? Classid=101112107102" > high-end shoes > /a > brand Kurt Geiger and Stuart Weitzman are the best business sectors in The Jones Weitzman (H).

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< p > at the same time, Sycamore Partners LP has already approached potential buyers interested in The Jones Group Inc. (NYSE:JNY) business.

It is reported that Jones New York and Anne Klein are in the G-III Apparel Group Ltd. (NASDAQ:GIII) phase, while the target of the Nine Nine Jiu Xi agent is the middle end shoe shoe brand.

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< p > industry forecasts that Sycamore Partners LP will reduce some businesses and streamline management.

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< p > Jack&Jones (JACK&JONES) is a fashionable men's wear brand from Denmark's a href= "http://www.91se91.com/news/list.aspx Classid=101112107101" BESTSELLER group < /a >.

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< p > Jack&Jones (JACK&JONES) is perfectly integrated with the simple and pure design style of Nordic with its international brand concept.

It has attracted the eyes of men all over the world in pursuit of fashion.

It is a fashion menswear brand that brings together European fashion elements and leads the world trend.

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< p > Jack&Jones (JACK&JONES) brand design pays attention to the international concept and pursues the urban plot.

Designers from all over Paris, London, Milan, and Copenhagen try to absorb the popular elements of every season in Europe and import them into the Jones brand design of Czech. What they emphasize is men's unique feelings about modern clothes.

It reflects the high quality of life of pioneer men in international metropolis.

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< p > Jack&Jones (JACK&JONES) clothing is designed for men between the ages of 18 and 35 years old, smart, wise, well educated and loyal to social activities.

They are a group of modern people who have a unique understanding of life, like to dress casually and pursue fashion.

This group of people living in a complex metropolis, has a keen insight into things, so the unique taste.

< a href= "http://www.91se91.com/news/list.aspx? Classid=101112107108" > Jack Jones < /a > is making great efforts to create rich and colorful choice space for this group of energetic young people!