EXHIBIT 99.1

Investor Contact:
John T. McClain, Chief Financial Officer
The Jones Group
(212) 703-9189

Media Contacts:
Joele Frank and Sharon Stern
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

New York, New York - July 31, 2013 - The Jones Group Inc. (NYSE: JNY; the "Company") today reported results for the second quarter ended July 6, 2013. Revenues for the second quarter of 2013 were $846 million, as compared with $855 million for the second quarter of 2012.

The Company reported adjusted earnings per share ("EPS") of $0.02 for the second quarter of 2013, as compared with adjusted EPS of $0.22 for the same period last year. The adjusted results exclude charges related to the impairments of certain intangible assets, the impact of severance and other costs related to restructuring activities, certain acquisition-related costs and other costs not considered relevant for period-over-period comparisons (see reconciliation of adjusted earnings to reported earnings in the accompanying schedule).

As reported under generally accepted accounting principles ("GAAP"), the Company reported a ($0.05) loss per share in the second quarter in 2013 and earnings per share of $0.10 in 2012. The 2013 and the 2012 second quarter results include, among other things, costs and charges of $7 million ($5 million after tax) and $15 million ($9 million after tax), respectively, relating to the planned closure of certain Company-operated retail stores, restructuring and other cost saving initiatives.

Wesley R. Card, The Jones Group Chief Executive Officer, stated: "Second quarter revenues were in line with our expectations, with the Jeanswear segment registering the largest improvement in operating results, as those product lines continue to perform well. The International Wholesale segment also showed improved operating results, led by the Nine West and Stuart Weitzman international businesses. For other areas of the business, the weather impacted seasonal product sales, which generated higher promotional levels. As a result, second quarter gross margins were approximately 260 basis points below last year. We anticipate we will achieve improved performance in fall 2013 with our new and refocused sportswear product offerings."

The Company ended the quarter with $81 million in cash and generated cash from operating activities during the six months of $2 million, compared with $124 million in the prior year period. The current year results reflect a higher level of required investment in working capital, higher tax and interest payments and lower earnings. At July 6, 2013, the Company had no amounts drawn under its $650 million of committed revolving credit facilities.

John T. McClain, The Jones Group Chief Financial Officer, commented: "Our financial position remains strong. We ended the quarter with $81 million in cash and our revolver undrawn. Our approach to inventory commitments continues to be conservative, and we continue to emphasize tight expense control. Our plans to create operational efficiencies, reduce costs within the wholesale channel and improve the performance of our domestic retail business are on track. We believe these actions will enable us to maintain a strong balance sheet."

Mr. Card concluded: "We believe that we are better positioned for the second half of the year, as we continue to focus on enhancing profitability. We are approaching the Jones brand with strong conviction and have received very positive reactions from our customers to our refocused sportswear that will begin shipping in August. We are confident that this will translate into improved retail performance and ultimately increased profitability for the brand."

The Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share to all common stockholders of record as of August 16, 2013, for payment on August 30, 2013.

The Company will host a conference call with management to discuss these results at 8:30 a.m. eastern time today, which is accessible by dialing 412-858-4600 or through a web cast at www.jonesgroupinc.com (under Investor Relations/Conference Schedule). The call will be recorded and made available through August 8, 2013 and may be accessed by dialing 877-344-7529 (International 412-317-0088). Enter account number 10031250. A slide presentation will accompany the prepared remarks and has been posted with the webcast on the Company's website.

Financial information discussed in this press release includes both GAAP and non-GAAP measures, which include or exclude certain items. These non-GAAP measures differ from reported results and are intended to illustrate what management believes are relevant period-over-period comparisons. A reconciliation of the GAAP measures presented to the comparable non-GAAP information appears in the financial tables section of this press release.

The Jones Group Inc. (www.jonesgroupinc.com) is a leading global designer, marketer and wholesaler of over 35 brands with product expertise in apparel, footwear, jeanswear, jewelry and handbags. The Jones Group has a reputation for innovation, excellence in product quality and value, operational execution and talent. The Company also markets directly to consumers through branded specialty retail and outlet stores, through concessions at upscale department stores and through its e-commerce sites.

The Company's internationally recognized brands and licensing agreements (L) include: Nine West, Jones New York, Anne Klein, Kurt Geiger, Rachel Roy (L), Robert Rodriguez, Robbi & Nikki, Stuart Weitzman, Brian Atwood (L), Boutique 9, Easy Spirit, Carvela, Gloria Vanderbilt, l.e.i., Bandolino, Enzo Angiolini, Nine & Co., GLO, Joan & David, Miss KG, Kasper, Energie, Evan-Picone, Le Suit, Mootsies Tootsies, Grane, Erika, Napier, Jessica Simpson (L), Givenchy (L), Judith Jack, Albert Nipon, Pappagallo and Rafe (L).

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding the Company's expected financial position, business and financing plans are forward-looking statements. The words "believes," "expects," "plans," "intends," "anticipates" and similar expressions identify forward-looking statements. Forward-looking statements also include representations of the Company's expectations or beliefs concerning future events that involve risks and uncertainties, including:

A further description of these risks and uncertainties and other important factors that could cause actual results to differ materially from the Company's expectations can be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2012, including, but not limited to, the Statement Regarding Forward-Looking Disclosure and Item 1A-Risk Factors therein, and in the Company's other filings with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such expectations may prove to be incorrect. The Company does not undertake to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

THE JONES GROUP INC.
Reconciliation of Non-GAAP Measures to GAAP
for the quarters and six months ended July 6, 2013 and June 30, 2012
(UNAUDITED)

(a)	2013 and 2012 include severance, fixed asset impairment and other charges and credits related to the closure of underperforming retail locations.
(b)	2013 and 2012 include the fair value adjustments of the contingent consideration payable for the Robert Rodriguez acquisition and the amortization of certain acquired intangible assets related to the acquisition of Kurt Geiger.
(c)	2013 and 2012 include investment consulting fees, legal fees, accounting fees and other items related to acquisitions and other business development activities.
(d)	2013 and 2012 include present value accruals and adjustments for liabilities related to leases on properties currently not in use.
(e)	2013 and 2012 include severance and restricted stock charges related to executive management changes.
(f)	2013 and 2012 include severance, occupancy, and other costs related to the restructuring of corporate and business support functions and other charges not considered by management to be part of ongoing operations.
(g)	2013 and 2012 represent the fair value adjustment of the remaining consideration payable related to the acquisition of Stuart Weitzman.
(h)	In accordance with ASC 260 "Earnings Per Share," the calculation of diluted shares for the purpose of generating GAAP EPS does not include any antidilutive items (such as restricted stock) that would result in a lower loss per share. Since the non-GAAP adjustments would result in adjusted net income, these items become dilutive to EPS. This adjustment represents the impact of including these dilutive items in the calculation of diluted shares used to determine adjusted EPS.
(i)	See "Segment Information" page for the presentation of GAAP and Adjusted amounts.

All amounts in millions, except per share data		SECOND QUARTER										FISCAL SIX MONTHS
		2013					2012					2013					2012
Net sales		$	835.2		98.8	%	$	844.3		98.8	%	$	1,832.8		98.8	%	$	1,767.7		98.7	%
Licensing income			10.2		1.2			10.2		1.2			20.9		1.1			22.5		1.3
Other revenues			0.2		0.0			0.3		0.0			0.6		0.0			0.5		0.0
Total revenues			845.6		100.0			854.8		100.0			1,854.3		100.0			1,790.7		100.0
Cost of goods sold			544.9		64.4			528.6		61.8			1,205.3		65.0			1,121.1		62.6
Gross profit			300.7		35.6			326.2		38.2			649.0		35.0			669.6		37.4
SG&A expenses			289.9		34.3			304.5		35.6			621.3		33.5			607.7		33.9
Operating income			10.8		1.3			21.7		2.5			27.7		1.5			61.9		3.5
Net interest expense and financing costs (1)			(15.4	)	(1.8	)		(8.8	)	(1.0	)		(31.5	)	(1.7	)		(51.5	)	(2.9	)
Equity in (loss) income of unconsolidated affiliate			(0.5	)	(0.1	)		0.4		0.0			0.1		0.0			1.3		0.1
(Loss) income before (benefit) provision for income taxes			(5.1	)	(0.6	)		13.3		1.6			(3.7	)	(0.2	)		11.7		0.7
(Benefit) provision for income taxes			(1.9	)	(0.2	)		4.9		0.6			(1.4	)	(0.1	)		4.3		0.2
Net (loss) income			(3.2	)	(0.4	)		8.4		1.0			(2.3	)	(0.1	)		7.4		0.4
Less: income attributable to noncontrolling interest			0.2		0.0			0.3		0.0			0.6		0.0			0.5		0.0
(Loss) income attributable to Jones		$	(3.4	)	(0.4	)%	$	8.1		0.9	%	$	(2.9	)	(0.2	)%	$	6.9		0.4	%
(Loss) earnings per share (2)
	Net (loss) income	$	(3.2	)			$	8.4				$	(2.3	)			$	7.4
	Less: income attributable to noncontrolling interest		0.2					0.3					0.6					0.5
	(Loss) income attributable to Jones		(3.4	)				8.1					(2.9	)				6.9
	Less: (loss) income allocated to participating securities		(0.1	)				0.2					(0.2	)				-
	(Loss) income available to common stockholders of Jones	$	(3.3	)			$	7.9				$	(2.7	)			$	6.9
Shares outstanding - diluted			73.1					76.0					73.2					77.5
(Loss) earnings per share - diluted		$	(0.05	)			$	0.10				$	(0.04	)			$	0.09

(1)	Refer to item "g" on the Reconciliation of Non-GAAP Measures to GAAP for amounts impacting interest expense relating to adjustment of remaining consideration payable related to acquisition of Stuart Weitzman.
(2)	Earnings per share is calculated under the "two-class method," where income is allocated between common shares and participating securities (unvested restricted shares held by employees that have a nonforfeitable right to dividends). Both our common shares and participating securities share equally in dividend payments and earnings.

All amounts in millions, except per share data		SECOND QUARTER						FISCAL SIX MONTHS
		2013			2012			2013			2012
Operating income		$	10.8		$	21.7		$	27.7		$	61.9
Adjustments:
Items affecting segment income:
	Expenses related to retail store closure plan (a)		(0.6	)		1.1			7.8			1.6
	Charges related to acquired businesses (b)		3.4			1.2			5.2			0.3
	Other business development costs (c)		0.1			0.5			0.1			0.7
	Present value adjustments to lease liabilities for properties not in use (d)		1.8			9.3			2.0			9.3
	Severance and other charges related to executive management changes (e)		1.0			2.2			1.0			5.9
	Other restructuring expenses and certain other charges (f)		1.5			4.4			8.5			13.3
Total adjustments to operating income			7.2			18.7			24.6			31.1
Adjusted operating income		$	18.0		$	40.4		$	52.3		$	93.0
(Loss) income attributable to Jones (as reported)		$	(3.4	)	$	8.1		$	(2.9	)	$	6.9
(Benefit) provision for income taxes			(1.9	)		4.9			(1.4	)		4.3
Adjustments to operating income, from above			7.2			18.7			24.6			31.1
Adjustment of remaining consideration payable related to acquisition of Stuart Weitzman (g)			-			(4.2	)		(0.4	)		23.5
Adjusted income before provision for income taxes			1.9			27.5			19.9			65.8
Adjusted provision for income taxes			(0.8	)		(10.2	)		(7.6	)		(24.5	)
Adjusted income attributable to Jones			1.1			17.3			12.3			41.3
Less: adjusted income allocated to participating securities			-			(0.5	)		(0.3	)		(0.9	)
Adjusted income available to common stockholders of Jones		$	1.1		$	16.8		$	12.0		$	40.4
(Loss) earnings per share - diluted (as reported)		$	(0.05	)	$	0.10		$	(0.04	)	$	0.09
(Benefit) provision for income taxes			(0.03	)		0.06			(0.02	)		0.05
Items affecting segment income:
	Expenses related to retail store closure plan (a)		(0.01	)		0.01			0.10			0.02
	Charges related to acquired businesses (b)		0.05			0.01			0.07			-
	Other business development costs (c)		-			0.01			-			0.01
	Present value adjustments to lease liabilities for properties not in use (d)		0.03			0.12			0.03			0.12
	Severance and other charges related to executive management changes (e)		0.01			0.03			0.01			0.08
	Other restructuring expenses and certain other charges (f)		0.02			0.06			0.11			0.17
Adjustment of remaining consideration payable related to acquisition of Stuart Weitzman (g)			-			(0.05	)		-			0.30
Adjusted income before provision for income taxes			0.02			0.35			0.26			0.84
Adjusted provision for income taxes			(0.01	)		(0.13	)		(0.10	)		(0.31	)
Adjustment for using diluted share count (h)			0.01			-			-			-
Adjusted earnings per share - diluted		$	0.02		$	0.22		$	0.16		$	0.53
Non-GAAP adjustments affecting income by segment (i):
	Domestic wholesale sportswear (b,e,f)	$	1.4		$	0.3		$	4.9		$	4.2
	Domestic wholesale jeanswear (d,e,f,g)		0.1			0.9			0.7			2.0
	Domestic wholesale footwear and accessories (e,f)		2.5			10.7			3.2			12.8
	Domestic retail (a,e,f,g)		(0.6	)		3.3			8.1			4.6
	International wholesale (e,f)		0.6			-			2.2			0.2
	International retail (b,f)		1.5			1.5			3.1			3.1
	Licensing, other & eliminations (b,c,e,f)		1.7			2.0			2.4			4.2
	Total	$	7.2		$	18.7		$	24.6		$	31.1

	SECOND QUARTER				FISCAL SIX MONTHS
	2013		2012		2013		2012
GAAP gross profit	$	300.7	$	326.2	$	649.0	$	669.6
Other restructuring expenses and certain other charges (f)		0.1		-		0.6		0.3
Adjusted gross profit	$	300.8	$	326.2	$	649.6	$	669.9

Dollars in millions		Domestic Wholesale Sportswear			Domestic Wholesale Jeanswear		Domestic Wholesale Footwear & Accessories			Domestic Retail			International Wholesale		International Retail		Licensing, Other & Eliminations			Consolidated
For the fiscal quarter ended July 6, 2013
Revenues	$	133.3		$	182.6	$	181.6		$	148.1		$	88.7	$	101.1	$	10.2		$	845.6
Segment (loss) income	$	(9.4	)	$	14.2	$	0.5		$	(4.9	)	$	10.9	$	0.2	$	(0.7	)		10.8
Segment margin		(7.1%	)		7.8%		0.3%			(3.3%	)		12.3%		0.2%					1.3%
Net interest expense (a)																				(15.4	)
Equity in loss of unconsolidated affiliate																				(0.5	)
Loss before benefit for income taxes																			$	(5.1	)
Segment (loss) income	$	(9.4	)	$	14.2	$	0.5		$	(4.9	)	$	10.9	$	0.2	$	(0.7	)	$	10.8
Adjustments affecting segment income (b)		1.4			0.1		2.5			(0.6	)		0.6		1.5		1.7			7.2
Adjusted segment (loss) income	$	(8.0	)	$	14.3	$	3.0		$	(5.5	)	$	11.5	$	1.7	$	1.0		$	18.0
Adjusted segment margin		(6.0%	)		7.8%		1.7%			(3.7%	)		13.0%		1.7%					2.1%
For the fiscal quarter ended June 30, 2012
Revenues	$	174.8		$	151.0	$	195.5		$	150.6		$	75.4	$	97.3	$	10.2		$	854.8
Segment income (loss)	$	8.9		$	7.0	$	(1.6	)	$	(3.0	)	$	9.7	$	3.7	$	(3.0	)		21.7
Segment margin		5.1%			4.6%		(0.8%	)		(2.0%	)		12.9%		3.8%					2.5%
Net interest expense (a)																				(8.8	)
Equity in income of unconsolidated affiliate																				0.4
Income before provision for income taxes																			$	13.3
Segment income (loss)	$	8.9		$	7.0	$	(1.6	)	$	(3.0	)	$	9.7	$	3.7	$	(3.0	)	$	21.7
Adjustments affecting segment income (b)		0.3			0.9		10.7			3.3			-		1.5		2.0			18.7
Adjusted segment income	$	9.2		$	7.9	$	9.1		$	0.3		$	9.7	$	5.2	$	(1.0	)	$	40.4
Adjusted segment margin		5.3%			5.2%		4.7%			0.2%			12.9%		5.3%					4.7%

(a)	Refer to item "g" on the Reconciliation of Non-GAAP Measures to GAAP for amounts impacting interest expense relating to adjustment of remaining consideration payable related to acquisition of Stuart Weitzman.
(b)	See "Reconciliation of Non-GAAP Measures to GAAP" page.

All amounts in millions			July 6, 2013		June 30, 2012
ASSETS
Current assets:
	Cash and cash equivalents	$	81.0	$	277.1
	Accounts receivable		312.3		327.2
	Inventories		540.6		467.5
	Deferred taxes		31.5		27.7
	Other current assets		63.6		60.5
	Total current assets		1,029.0		1,160.0
Property, plant and equipment, at cost, less accumulated depreciation and amortization			260.0		271.4
Goodwill			211.6		256.3
Other intangibles, less accumulated amortization			847.7		891.8
Other assets			135.9		129.4
Total assets		$	2,484.2	$	2,708.9

LIABILITIES AND EQUITY
Current liabilities:
	Current portion of long-term debt and capital lease obligations	$	2.2	$	2.1
	Current portion of acquisition consideration payable		2.3		216.7
	Accounts payable		249.6		232.7
	Accrued expenses and other current liabilities		128.9		139.7
	Total current liabilities		383.0		591.2
Long-term debt and obligations under capital leases			950.1		856.5
Deferred taxes			59.7		69.6
Acquisition consideration payable			4.4		4.8
Other			110.9		112.9
Total liabilities			1,508.1		1,635.0
Redeemable noncontrolling interest			0.6		-
Equity			975.5		1,073.9
Total liabilities and equity		$	2,484.2	$	2,708.9

All amounts in millions				Six Months Ended
					July 6, 2013			June 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
	Net (loss) income			$	(2.3	)	$	7.4
	Adjustments to reconcile net (loss) income to net cash provided by operating activities, net of acquisitions:
		Amortization of employee stock options and restricted stock			14.6			13.3
		Depreciation and other amortization			43.1			44.5
		Impairment losses			6.8			0.4
		Adjustments to acquisition consideration payable			0.3			19.4
		Equity in income of unconsolidated affiliate			(0.1	)		(1.3	)
		Deferred taxes			2.9			(7.4	)
		Other items, net			10.2			3.8
		Changes in operating assets and liabilities:
			Accounts receivable		65.3			22.2
			Inventories		(60.0	)		24.1
			Accounts payable		(5.6	)		(3.8	)
			Income taxes payable/prepaid taxes		(11.0	)		6.7
			Acquisition consideration payable		(20.5	)		(0.8	)
			Other assets and liabilities, net		(41.9	)		(4.5	)
			Total adjustments		4.1			116.6
	Net cash provided by operating activities				1.8			124.0
CASH FLOWS FROM INVESTING ACTIVITIES:
	Capital expenditures				(29.3	)		(38.2	)
	Notes receivable issued				(6.5	)		-
	Payments related to acquisition of Brian Atwood				(0.5	)		-
	Contingent consideration paid related to investment in GRI Group Limited				-			(3.5	)
	Other				0.4			(0.1	)
	Net cash used in investing activities				(35.9	)		(41.8	)
CASH FLOWS FROM FINANCING ACTIVITIES:
	Costs related to secured revolving credit agreement				(0.3	)		(0.3	)
	Dividends paid				(7.8	)		(7.9	)
	Payments of acquisition consideration payable				(9.4	)		(7.5	)
	Repurchase of common shares				(14.5	)		(29.0	)
	Other				(1.5	)		1.0
	Net cash used in financing activities				(33.5	)		(43.7
EFFECT OF EXCHANGE RATES ON CASH					(1.0	)		(0.2	)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS					(68.6	)		38.3
CASH AND CASH EQUIVALENTS, BEGINNING					149.6			238.8
CASH AND CASH EQUIVALENTS, ENDING				$	81.0		$	277.1