Jones Considering Selling Jeans Unit to Delta Galil

Friday, October 14, 2011

New York–based The Jones Group Inc. is in talks with Delta Galil Industries to sell its Jones’ Jeanswear unit for between $350 million and $400 million. Tel Aviv–based Delta Galil is a manufacturer of branded and private-label merchandise for men, women and children. Jones is the owner of many brands, including Nine West, Jones New York, Anne Klein, Robert Rodriguez, Stuart Weitzman and l.e.i.