Jones Apparel Group boosted its stake in GRI Group, spending $15 million for a 15 percent interest in the Hong Kong-based retail distribution group and betting Asia will remain “a high growth...
June 25, 2009
Jones Ups Stake in GRI to 25 Percent
Jones Apparel Group invests $15M in GRI, which holds the exclusive license for Jones’ Nine West, Anne Klein New York, Easy Spirit and other brands in Asia.
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