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Kate spade announced yesterday that it would shutter its kate spade saturday and jack spade stores, and today, jones new york announced it would close stores and discontinue its. Sycamore partners, the private equity firm that acquired the jones group for $2.2 billion last april, has decided to pull the plug on one of its. On thursday, sycamore partners, which acquired the jones group inc. “following a thorough strategic review of jones new york’s recent performance and outlook, we have decided to discontinue the jones new york. Last april, said it would discontinue the jones new york wholesale.
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