By  on January 22, 2009

If Jones Apparel Group’s $810 million noncash writedown for goodwill and trademarks is any guide, accountants might exact an even bigger toll on fourth-quarter profits than stingy consumers.

Jones said Thursday that the aftertax charge, related mostly to its acquisitions of Nine West and Maxwell Shoe Co., and retail weakness would result in losses of $10.07 to $10.11 a share for the quarter, down from losses of $1.01 a year ago.

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