News

Jones Acquires Maxwell

27/02/2004

 Jones Apparel Group, Inc., has offered to buy the Maxwell Shoe Co. of Boston, MA for some $300 million. The offer was made by Jones because last year it acquired the AK Anne Klein clothing line, and Maxwell has the license from Jones to produce the AK Anne Klein footwear line. The acquisition of Maxwell would put the clothing and footwear lines under one ownership.

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