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Jones Apparel to launch CO-OP stores in spring 2007

20
Jun '06
Barneys New York a wholly owned subsidiary of Jones Apparel Group Inc announced the scheduled opening in spring 2007 of Barneys New York CO-OP stores at The Grove in Los Angeles and The Domain, a new center in Austin, Texas.

The location at The Grove will be approximately 9,200 square feet, while The Domain site will be approximately 6,500 square feet. These new locations, when open, will represent Barneys' thirteenth and fourteenth CO-OP stores.

Howard Socol, Chairman and Chief Executive Officer of Barneys, stated, "The latest additions to the expansion of our CO-OP concept have both similarities and differences. Both are outdoor lifestyle centers.

The Grove affords us the opportunity to grow our business in an established center in a market which is home to our second largest flagship store. Our location at The Domain will be part of an exciting new center in a new market for CO-OP." Mr. Socol continued, "We are continuing to explore additional opportunities for the national expansion of the CO-OP concept."

Barneys New York, a wholly owned subsidiary of Jones Apparel Group, Inc., is a luxury retailer with flagship stores in New York City, Beverly Hills, Chicago and Boston. Barneys also operates three regional full-price stores, ten CO-OP Barneys New York stores, twelve outlet stores and two semi-annual warehouse sale events.

Jones Apparel Group Inc is a leading designer, marketerand wholesaler of branded apparel, footwear and accessories. It also markets directly to consumers through our chain of specialty retail and value-based stores, and operates the Barneys New York chain of luxury stores.

Jones Apparel Group Inc


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