Description
The Jones Group, Inc, a Fortune 500 company, is an American designer, marketer and wholesaler of branded clothing, shoes and accessories. Its headquarters are in New York City. The company also markets directly to consumers through their chain of specialty retail and value-based stores. In addition, it markets costume jewelry under the Givenchy brand licensed from Givenchy Corporation and footwear under the Dockers Women brand licensed from Levi Strauss & Co. In 2004 the company purchased luxury department store chain Barneys New York for $400 million, and sold it in September 2007 to Dubai-based investment firm Istithmar for $942.3 million.