Jones New York, a manufacturer and retailer of women’s apparel, plans to close its e-commerce site, all 127 retail outlet stores and its wholesale operations over the course of 2015.
“Following a thorough strategic review of Jones New York’s recent performance and outlook, we have decided to discontinue the Jones New York wholesale business and close all 127 Jones New York outlet stores,” says Andrew Hede, interim CEO.
The company is “pursuing strategic alternatives for the brand,” he says.
Jny.com, the company’s e-commerce site, also will be shuttered sometime this year, says a spokeswoman for Sycamore Partners LLC, which bought The Jones Group Inc., No. 200 in the Internet Retailer 2014 Top 500 Guide,in December 2013.
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