Jones Group ends talks on possible jeanswear sale
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The Jones Group Inc., whose brands include Nine West, Anne Klein and others, has ended talks on the potential sale of its jeanswear division. In October, Jones Group announced that it was in talks with Israeli clothing maker Delta Galil Industries Inc. about selling its jeanswear unit for between $350 million and $400 million. Jones Group said at the time that a deal had not been reached between the two parties and that there could be no assurances that a deal would result from of the talks. Delta Galil said Monday that it was unable to reach mutually acceptable
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- People:
- Anne Klein
- Galil
- Jones
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