Nine West Holdings is no longer keeping up with the Joneses.
Formerly The Jones Group, Nine West is the remaining women's
footwear and denim business after private equity firm Sycamore
Partners bought the company and split it up. Its portfolio of
brands includes Nine West, Easy Spirit, Anne Klein, and l.e.i. In
addition to providing its products to major US retailers, Nine West
operates more than 250 retail locations, and licenses its brands
internationally. Before the split and new name, The Jones Group
included a host of other brands such as Jones New York, Gloria
Vanderbilt, Evan-Picone, Stuart Weitzman, and Kurt Geiger.
Change in Company Type
The former Jones Group was taken private by the New York private
equity firm Sycamore Partners for $2.2 billion in April 2014.
Sycamore separated the more valuable Weitzman and Geiger
franchises, and then split up many of the older labels into various