Home / Knowledge / News / Fashion / Jones New York factory stores in Canada to close
Jones New York factory stores in Canada to close
20
Jun '16
All 37 Jones New York factory stores in Canada will close, Great American (GA) Group, a leading provider of advisory and valuation services, asset disposition and auction solutions and a subsidiary of B Riley Financial, has announced.

The store closing sales have already started, and are expected to last several weeks before all of the merchandise is sold in the store locations, said GA Group, which has developed an extensive retail disposition expertise after working with specialty retailers for over 40 years.

GA's strategy includes creating marketing plans to drive traffic and attract customers to yield a quick and efficient exit for store locations.

Initially, customers at Jones New York factory stores can expect discounts up to 40 per cent on all apparel and accessories. Select furniture, fixtures and equipment at stores and distribution centres will also be available for sale.

“Great American Group's history of working with the brand through our appraisal services has given us leverage in knowing their merchandise, and our experience working with fashion retailers means we understand their customers,” explained Scott Carpenter, president of GA's Retail Solutions division.

"Over the next several weeks we will work to quickly sell through the apparel and accessories while maximising its value,” he added. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X