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Jones New York is shuttering, for good. According to Racked, the company said it plans to shut down the line's wholesale business and 127 retail locations over the next week. Unfortunately, one of those locations is an outlet in Sawgrass Mills, but that doesn't even compare to the amount of Jones New York sections in department stores like Macy's, Bloomingdales, and Dillards.
Jones New York is owned by Sycamore Partners, which also owns Gap and Kate Spade. According to the article, they've been really slimming down, first by selling off Stuart Weitzman to Coach and then by shuttering all of Kate Spade's Saturday and Jack Spade stores, which sadly never saw the light of day down here. They're still trying to figure out what they'll replace the brand with.
· Jones New York Closing All Stores, Future Looks Grim [Fashionista]