NEW YORK — Jones Apparel Group Inc. has cut 129 jobs from its Bristol, Pa., distribution facility.
The company plans to shut the plant on Dec. 28; it announced the closing with its second-quarter earnings on July 28.
"We believe that operational execution will increasingly be a key element in driving future success. As a result, we are in the initial stages of a strategic review of our operating infrastructure to improve profitability and to ensure we are properly positioned for the long-term benefit of our shareholders," said Peter Boneparth, president and chief executive officer on July 28.
"By proactively reviewing our infrastructure, systems and operating processes at a time when the industry is undergoing consolidation and change, we plan to eliminate redundancies and improve our overall cost structure and margin performance."
The closing of the Bristol facility is part of the company's overall plan to better its supply-chain management. Earlier this year, Jones announced the consolidation of its operations in Mexico to improve capacity utilization rates while increasing its denim sourcing available from alternative sources.
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
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Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
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