Retail News:Jones Buying Vanderbilt for $100 Million
March 19, 2002 03:22 PM ET
By Anna Driver
CHICAGO (Reuters) - Jones Apparel Group Inc. on Tuesday agreed to buy Gloria Vanderbilt Apparel Corp., a name synonymous with the mass-produced designer jeans in the 1980s, in a $100 million cash and stock deal aimed at growing sales in moderately priced retail chains.




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