News

Jones Apparel to acquire Stuart Weitzman shoes

10/05/2010

Fashion group Jones Apparel has announced that it has entered into an agreement to acquire high-end footwear brand Stuart Weitzman. The footwear company achieved net revenues of approximately $193 million for the year ended January 2, 2010. Jones Apparel will make initial cash payments of approximately $180 million to selling shareholders,...

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