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Divisions: Sag Harbor, Liz Claiborne Dresses and Liz Claiborne Suits, Koret, Briggs, Jax Studio, True Beauty by Emme, David Brooks, Bill Burns Sportswear, David Dart, David Meister, Vintage Blue, Democracy, Dorby, Nautica men’s dress shirts, Izod Women’s Sportswear, Gerber Childrenswear, Plaza South, DLG, XOXO, Def Jam University and others.
Crown Jewel: Sag Harbor ($660 million, excluding licensing)
Most recent development: Won the license for the CK Calvin Klein women’s better line, and reportedly expects to do in excess of $50 million with Liz Claiborne Dresses and Liz Claiborne Suits.
Jones Apparel Group
Headquarters: Bristol, Pa.
2002 Earnings: $318.5 million
2002 Revenues: $4.34 billion
Cash and Cash Equivalents: $347.5 million
Strengths: Strong competitor in the moderate and better range; just scooped up Kasper A.S.L. to fill the hole left by the void of the Lauren by Ralph Lauren license. Has diversified its portfolio and channels of distribution. Proven brand builder and manager of its own and licensed brands.
Weaknesses: Not a strong player in women’s designer, children’s or men’s apparel categories. Little international business.
Divisions: Jones New York, Nine West, Evan Picone, Rena Rowan, Todd Oldham, McNaughton, Gloria Vanderbilt, L.E.I., Erika, Energie, Currants, Jamie Scott, Easy Spirit, Enzo Angiolini and Napier. Licensed brands also include Polo Jeans Co., which is licensed from Polo Ralph Lauren. Will soon have Kasper when the deal closes by yearend. Kasper makes women’s misses’ suits and owns the Anne Klein, Albert Nipon and Le Suit brands.
Crown Jewels: Nine West ($882.3 million in sales) and Jones New York ($750 million)
Most recent developments: Lost the lucrative Lauren by Ralph Lauren license, and filed a $550 million breach of contract suit against Polo Ralph Lauren Corp. and Jackwyn Nemerov, former president of Jones Apparel Group. Outbid Kellwood for Kasper A.S.L. on Aug. 7 and will pay a grand total of $216.6 million.