Women’s Wear Daily
04.18.2014
business
business

Executive Commentary

Top footwear players weigh in on Jones/Weitzman deal.

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Jerome Fisher
Co-founder, Nine West
“It’s a great niche for Jones and certainly fantastic for Stuart Weitzman. He’s the best at what he does. It’s a great long-term brand for the Jones group.”

Vince Camuto
Co-founder, Nine West
“Jones is a great company, and Stuart has a lot of vision. It will be a good partnership.”

Sam Edelman
CEO, Sam Edelman Shoe Inc.
“There are very few legends within the industry like Stuart, and this is a perfect marriage. Stuart made it really clear that he was looking for a partner that would allow him to continue running the business, and he found one. [Succession] is something that all designers have to think about, especially designers with eponymous companies, and being a designer with an eponymous company, this is the thinking that Libby and I had and it explains our partnership with Brown Shoe Co.
Stuart found a team of people who understand that the shoe business has to be run like a shoe business. ... I’m positive they’ll let him maintain his stewardship as long as he wants to.

Todd Hanshaw
DMM, Wynn Las Vegas
“It really is kind of a non-reaction because we’ve dealt with other companies in the ready-to-wear world that have been bought by Jones and there has not been a disruption. ... It can only strengthen the brand. They have always been one of the first to deliver and they’ve always had a lot of control over their manufacturing, so I imagine it will strengthen [the company] even further.”

Jan Friedman
Buyer, Jildor Shoes
“If Stuart made the move it will be a good move for everybody. Whatever Stuart does always seems to work out best for the customers.”

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