10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

 [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended July 6, 2013

OR

[  ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File Number 1-10746

THE JONES GROUP INC. (Exact name of registrant as specified in its charter)
Pennsylvania (State or other jurisdiction of incorporation or organization)	06-0935166 (I.R.S. Employer Identification No.)
1411 Broadway New York, New York (Address of principal executive offices)	10018 (Zip Code)
(212) 642-3860 (Registrant's telephone number, including area code)
Not Applicable (Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes  x  No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x  No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer xAccelerated filer oNon-accelerated filer oSmaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes   o   No   x

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

Class of Common Stock $.01 par value Outstanding at August 1, 2013 79,803,663

THE JONES GROUP INC.

Index
			Page No.
PART I.FINANCIAL INFORMATION
Item 1.  Financial Statements
	Consolidated Balance Sheets
		July 6, 2013, June 30, 2012 and December 31, 2012	3
	Consolidated Statements of Operations
		Fiscal Quarters and Six Months ended July 6, 2013 and June 30, 2012	4
	Consolidated Statements of Comprehensive (Loss) Income
		Fiscal Quarters and Six Months ended July 6, 2013 and June 30, 2012	5
	Consolidated Statements of Changes in Equity
		Fiscal Six Months ended July 6, 2013 and June 30, 2012	6
	Consolidated Statements of Cash Flows
		Fiscal Six Months ended July 6, 2013 and June 30, 2012	7
	Notes to Consolidated Financial Statements		8
Item 2.  Management's Discussion and Analysis of Financial Condition and Results of Operations			26
Item 3.  Quantitative and Qualitative Disclosures About Market Risk			38
Item 4.  Controls and Procedures			39
PART II. OTHER INFORMATION
Item 1.  Legal Proceedings			39
Item 2.  Issuer Purchases of Equity Securities			39
Item 5.  Other Information			40
Item 6.  Exhibits			40
Signatures			41
Exhibit Index			42

DEFINITIONS

As used in this Report, unless the context requires otherwise, "Jones," "our," "us" and "we" means The Jones Group Inc. and consolidated subsidiaries, "Brian Atwood" means the Brian Atwood-related intellectual property interests, equity interests, assets acquired and liabilities assumed on July 2, 2012, "GRI" means GRI Group Limited, "FASB" means the Financial Accounting Standards Board, "ASC" means the "FASB Accounting Standards Codification^®", "ASU" means "Accounting Standards Update" and "SEC" means the United States Securities and Exchange Commission.

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PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

THE JONES GROUP INC.

CONSOLIDATED BALANCE SHEETS

(ALL AMOUNTS IN MILLIONS, EXCEPT PER SHARE DATA)

	July 6, 2013			June 30, 2012			December 31, 2012
ASSETS	(Unaudited)			(Unaudited)
Current assets:
Cash and cash equivalents	$	81.0		$	277.1		$	149.6
Accounts receivable		312.3			327.2			381.0
Inventories, primarily finished goods		540.6			467.5			486.7
Prepaid and refundable income taxes		14.1			1.4			5.5
Deferred taxes		31.5			27.7			33.2
Prepaid expenses and other current assets		49.5			59.1			40.7
Total current assets		1,029.0			1,160.0			1,096.7
Property, plant and equipment, at cost, less accumulated depreciation and amortization of $579.2, $590.2 and $565.3		260.0			271.4			278.1
Goodwill		211.6			256.3			215.3
Other intangibles, at cost, less accumulated amortization		847.7			891.8			869.7
Investment in unconsolidated affiliate		41.5			38.4			38.9
Other assets		94.4			91.0			96.8
Total assets	$	2,484.2		$	2,708.9		$	2,595.5
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	2.2		$	2.1		$	2.2
Current portion of acquisition consideration payable		2.3			216.7			30.3
Accounts payable		249.6			232.7			257.5
Income taxes payable		-			4.6			1.4
Accrued employee compensation and benefits		31.6			36.4			50.0
Accrued expenses and other current liabilities		97.3			98.7			110.8
Total current liabilities		383.0			591.2			452.2
Long-term debt		929.9			834.2			934.4
Obligations under capital leases		20.2			22.3			21.3
Income taxes payable		0.3			0.5			0.5
Deferred taxes		59.7			69.6			56.7
Acquisition consideration payable		4.4			4.8			6.0
Other noncurrent liabilities		110.6			112.4			118.1
Total liabilities		1,508.1			1,635.0			1,589.2
Commitments and contingencies		-			-			-
Redeemable noncontrolling interest		0.6			-			0.6
Equity:
Preferred stock, $.01 par value - shares authorized 1.0; none issued		-			-			-
Common stock, $.01 par value - shares authorized 200.0; issued 79.7, 80.2 and 79.2		0.8			0.8			0.8
Additional paid-in capital		522.1			521.3			520.8
Retained earnings		482.0			579.8			501.1
Accumulated other comprehensive loss		(30.4	)		(28.3	)		(17.9	)
Total Jones stockholders' equity		974.5			1,073.6			1,004.8
Noncontrolling interests		1.0			0.3			0.9
Total equity		975.5			1,073.9			1,005.7
Total liabilities and equity	$	2,484.2		$	2,708.9		$	2,595.5

See accompanying notes to consolidated financial statements

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THE JONES GROUP INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

(ALL AMOUNTS IN MILLIONS, EXCEPT PER SHARE DATA)

	Fiscal Quarter Ended					Fiscal Six Months Ended
	July 6, 2013			June 30, 2012		July 6, 2013			June 30, 2012
Net sales	$	835.2		$	844.3	$	1,832.8		$	1,767.7
Licensing income		10.2			10.2		20.9			22.5
Other revenues		0.2			0.3		0.6			0.5
Total revenues		845.6			854.8		1,854.3			1,790.7
Cost of goods sold		544.9			528.6		1,205.3			1,121.1
Gross profit		300.7			326.2		649.0			669.6
Selling, general and administrative expenses		289.9			304.5		621.3			607.7
Operating income		10.8			21.7		27.7			61.9
Interest income		-			0.2		0.1			0.4
Interest expense and financing costs		15.4			9.0		31.6			51.9
Equity in (loss) income of unconsolidated affiliate		(0.5	)		0.4		0.1			1.3
(Loss) income before (benefit) provision for income taxes		(5.1	)		13.3		(3.7	)		11.7
(Benefit) provision for income taxes		(1.9	)		4.9		(1.4	)		4.3
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
(Loss) earnings per common share attributable to Jones
Basic	$	(0.05	)	$	0.11	$	(0.04	)	$	0.09
Diluted		(0.05	)		0.10		(0.04	)		0.09
Weighted average shares outstanding
Basic		73.1			75.2		73.2			75.7
Diluted		73.1			76.0		73.2			77.5
Dividends declared per share	$	0.05		$	0.05	$	0.10		$	0.10

See accompanying notes to consolidated financial statements

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THE JONES GROUP INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (UNAUDITED)

(ALL AMOUNTS IN MILLIONS)

	Fiscal Quarter Ended						Fiscal Six Months Ended
	July 6, 2013			June 30, 2012			July 6, 2013			June 30, 2012
Net (loss) income	$	(3.2	)	$	8.4		$	(2.3	)	$	7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of $0.1, $0.1, $0.2 and $0.1 tax provision		0.3			0.2			0.5			0.1
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision		-			-			(0.1	)		0.1
Pension and postretirement liability adjustments, net of $0.1, $0.0, $0.2 and $0.0 tax benefit		0.1			-			0.3			-
Foreign currency translation adjustments		(4.0	)		(8.2	)		(13.2	)		1.1
Total other comprehensive (loss) income		(3.6	)		(8.0	)		(12.5	)		1.3
Comprehensive (loss) income	$	(6.8	)	$	0.4		$	(14.8	)	$	8.7

See accompanying notes to consolidated financial statements

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THE JONES GROUP INC.

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

(ALL AMOUNTS IN MILLIONS, EXCEPT PER SHARE DATA)

	Number of common shares outstanding			Total equity			Common stock		Addi-tional paid-in capital			Retained earnings			Accumu-lated other compre-hensive loss			Non-controlling interests			Redeemable non-controlling interest
Balance, January 1, 2012		81.0		$	1,089.4		$	0.8	$	521.8		$	596.2		$	(29.6	)	$	0.2		$	-
Comprehensive income		-			8.7			-		-			6.9			1.3			0.5			-
Issuance of restricted stock to employees, net of forfeitures		2.2			-			-		-			-			-			-			-
Shares withheld for taxes upon vesting of restricted stock		-			(0.2	)		-		(0.1	)		(0.1	)		-			-			-
Amortization of restricted stock		-			13.3			-		13.3			-			-			-			-
Distributions to noncontrolling interests		-			(0.4	)		-		-			-			-			(0.4	)		-
Tax effects from vesting of restricted stock		-			1.5			-		1.5			-			-			-			-
Tax effects of expired employee stock options		-			(1.5	)		-		(1.5	)		-			-			-			-
Dividends on common stock ($0.10 per share)		-			(8.1	)		-		-			(8.1	)		-			-			-
Repurchase of common shares		(3.0	)		(29.0	)		-		(13.7	)		(15.3	)		-			-			-
Other		-			0.2			-		-			0.2			-			-			-
Balance, June 30, 2012		80.2		$	1,073.9		$	0.8	$	521.3		$	579.8		$	(28.3	)	$	0.3		$	-
Balance, January 1, 2013		79.2		$	1,005.7		$	0.8	$	520.8		$	501.1		$	(17.9	)	$	0.9		$	0.6
Comprehensive (loss) income		-			(14.8	)		-		-			(2.9	)		(12.5	)		0.6			-
Issuance of restricted stock to employees, net of forfeitures		1.8			-			-		-			-			-			-			-
Shares withheld for taxes upon vesting of restricted stock		(0.2	)		(2.4	)		-		(1.2	)		(1.2	)		-			-			-
Amortization of restricted stock		-			14.6			-		14.6			-			-			-			-
Distributions to noncontrolling interests		-			(0.5	)		-		-			-			-			(0.5	)		-
Tax effects from vesting of restricted stock		-			(0.6	)		-		(0.6	)		-			-			-			-
Tax effects of cancelled restricted stock		-			(4.0	)		-		(4.0	)		-			-			-			-
Dividends on common stock ($0.10 per share)		-			(8.0	)		-		-			(8.0	)		-			-			-
Repurchase of common shares		(1.1	)		(14.5	)		-		(7.5	)		(7.0	)		-			-			-
Balance, July 6, 2013		79.7		$	975.5		$	0.8	$	522.1		$	482.0		$	(30.4	)	$	1.0		$	0.6

See accompanying notes to consolidated financial statements

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THE JONES GROUP INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(ALL AMOUNTS IN MILLIONS)

	Fiscal 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 restricted stock		14.6			13.3
Depreciation and other amortization		43.1			44.5
Impairment losses		6.8			0.4
Losses on disposal of property, plant and equipment		1.7			2.8
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	)
Fair value adjustments related to interest rate swaps and cap		-			1.4
Other items, net		8.5			(0.4	)
Changes in operating assets and liabilities:
Accounts receivable		65.3			22.2
Inventories		(60.0	)		24.1
Prepaid expenses and other current assets		(8.1	)		(21.1	)
Other assets		3.7			8.1
Accounts payable		(5.6	)		(3.8	)
Income taxes payable/prepaid income taxes		(11.0	)		6.7
Accrued expenses and other current liabilities		(30.6	)		(10.6	)
Acquisition consideration payable		(20.5	)		(0.8	)
Other liabilities		(6.9	)		19.1
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		-			(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	)
Repurchases of common shares		(14.5	)		(29.0	)
Payments of acquisition consideration payable		(9.4	)		(7.5	)
Other items, net		(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

See accompanying notes to consolidated financial statements

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THE JONES GROUP INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

BASIS OF PRESENTATION

The consolidated financial statements include the accounts of The Jones Group Inc. and its subsidiaries.  The financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and in accordance with the requirements of Form 10-Q.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  The consolidated financial statements included herein should be read in conjunction with the consolidated financial statements and the footnotes thereto included within our Annual Report on Form 10-K.

In our opinion, the information presented reflects all adjustments necessary for a fair statement of interim results.  All such adjustments are of a normal and recurring nature.  The foregoing interim results are not necessarily indicative of the results of operations for the full year ending December 31, 2013.

Distribution costs.  Our cost of sales may not be comparable to those of other entities, since some entities include all of the costs associated with their distribution functions in cost of sales while we include these costs in selling, general and administrative ("SG&A") expenses.  Distribution costs included in SG&A expenses for the fiscal quarters ended July 6, 2013 and June 30, 2012 were $21.1 million for both periods.  Distribution costs included in SG&A expenses for the fiscal six months ended July 6, 2013 and June 30, 2012 were $46.9 million and $44.7 million, respectively.

(LOSS) EARNINGS PER SHARE

The computation of basic and diluted (loss) earnings per share is as follows:

(In millions, except per share amounts)	Fiscal Quarter Ended					Fiscal Six Months Ended
	July 6, 2013			June 30, 2012		July 6, 2013			June 30, 2012
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
Weighted-average shares outstanding - basic		73.1			75.2		73.2			75.7
Effect of dilutive employee restricted stock		-			0.8		-			1.8
Weighted-average shares outstanding - diluted		73.1			76.0		73.2			77.5
(Loss) earnings per common share attributable to Jones
Basic	$	(0.05	)	$	0.11	$	(0.04	)	$	0.09
Diluted		(0.05	)		0.10		(0.04	)		0.09

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ACQUISITIONS

Brian Atwood

On July 2, 2012, we acquired an 80% interest in Brian Atwood-related intellectual property (the "intellectual property") from BA Holding Group, Inc., BKA International, Inc. and Brian Atwood, we acquired 100% of the equity interests in Atwood Italia S.r.l., and we acquired certain assets and assumed certain liabilities of Brian Atwood, Ltd. (collectively, "Brian Atwood").  The purchase price was $5.5 million, of which $5.0 million was paid in 2012.  We deferred $0.5 million of the purchase price, with payment subject to an indemnification holding period as set forth in the acquisition agreement, which was paid during the fiscal six months ended July 6, 2013.

The remaining 20% interest in the intellectual property was recorded as a noncontrolling interest, with the fair value based on projected cash flows related to that property.  Brian Atwood has the right, under certain conditions, to require us to repurchase a portion of his noncontrolling ownership interest at a predetermined multiple of the previous year's distributable cash flows generated by the intellectual property.

We pursued the acquisition of Brian Atwood to increase our international presence and further extend our reach into the designer footwear business.  Brian Atwood's luxury wholesale footwear business is reported in our international wholesale segment.

The following table summarizes the fair values of the assets acquired and liabilities assumed from Brian Atwood on July 2, 2012.

(In millions)	Weighted-average amortization life (in months)		Fair Value
Cash			$	0.6
Accounts receivable				0.5
Other current assets				0.4
Property, plant and equipment				0.1
Intangible assets:
Trademarks		240		7.5
Goodwill				3.2
Customer relationships		6		0.4
Order backlog		3		0.7
Total assets acquired				13.4
Accounts payable				1.7
Notes payable				2.8
Other current  liabilities				1.8
Deferred taxes				0.3
Other long-term liabilities				0.1
Total liabilities assumed				6.7
Fair value of noncontrolling interest				1.2
Total purchase price			$	5.5

The gross contractual accounts receivable acquired from Brian Atwood was $0.5 million.

The fair values of the acquired intangibles were determined using discounted cash flow models using a discount factor based on an estimated risk-adjusted weighted average cost of capital.  The customer relationships were valued using a "with and without" model, the trademarks using a relief-from-royalty model and the order backlog using multi-period excess earnings model.

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The acquisition resulted in the recognition of $3.2 million of goodwill, which will not be deductible for tax purposes.  Goodwill largely consists of expected synergies resulting from the leveraging of the combined networks of partners, infrastructure and customer relationships to expand product distribution worldwide, as well as the acquired assembled workforce, which does not qualify as an amortizable intangible asset, and the potential for both product extensions, such as apparel, and the introduction of Brian Atwood retail locations.  The goodwill has been assigned to our domestic wholesale footwear and accessories segment, as we pursued the acquisition to acquire majority ownership interest in the Brian Atwood-related trademarks, under which our existing B Brian Atwood domestic footwear business is licensed.  Pro forma total revenues and results of operations reflecting the acquisition of Brian Atwood are not presented, as the acquisition is not material to our financial position or our results of operations.

EQUITY METHOD INVESTMENTS

On June 20, 2008, we acquired a 10% equity interest in GRI Group Limited ("GRI"), an international accessories and apparel brand management and retail-distribution network, for $20.2 million.  On June 24, 2009, we increased our equity interest to 25% for an additional $15.2 million.  The selling shareholders of GRI were entitled to receive an additional cash payment equaling 60% of the amount of GRI's fiscal year 2011 net income that exceeded a certain threshold, and on June 21, 2012, we made a cash payment to them of $3.5 million in satisfaction of the obligation.  GRI is the exclusive licensee of several of our brands in Asia, including Nine West, Anne Klein, AK Anne Klein, Easy Spirit, Enzo Angiolini and Joan & David.  GRI also distributes other women's apparel, shoes and accessory brands not owned by us.  See "Related Party Transactions" for additional information regarding GRI.

ACCOUNTS RECEIVABLE

Accounts receivable consist of the following:

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
Trade accounts receivable	$	341.8		$	352.6		$	408.4
Allowances for doubtful accounts, returns, discounts and co-op advertising		(29.5	)		(25.4	)		(27.4	)
	$	312.3		$	327.2		$	381.0

Due to our 25% ownership interest in GRI, GRI is deemed to be a related party.  Included in accounts receivable are amounts due from GRI in the amount of $11.7 million, $17.1 million and $15.6 million at July 6, 2013, June 30, 2012 and December 31, 2012, respectively.  Net revenues from GRI amounted to $23.6 million and $29.4 million for the fiscal six months ended July 6, 2013 and June 30, 2012, respectively.  On April 23, 2009, we converted $10.0 million of the outstanding GRI accounts receivable to a three-year interest-bearing convertible note.  This note was repaid on April 20, 2012.

ACCRUED RESTRUCTURING COSTS

Jewelry

During 2009, we decided to discontinue the domestic manufacturing, product development and sourcing activities of our jewelry business, and also announced the closing of our jewelry distribution center during 2010.  We accrued $0.2 million of lease termination costs in the fiscal six months ended June 30, 2012.  The details of the jewelry restructuring accruals are as follows:

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(In millions)	Lease obligations
Balance, January 1, 2012	$	1.5
Additions		0.2
Payments and reductions		(0.2	)
Balance, June 30, 2012	$	1.5
Balance, January 1, 2013	$	1.4
Payments and reductions		(0.2	)
Balance, July 6, 2013	$	1.2

The net accrual of $1.5 million at June 30, 2012 is reported as $0.4 million of accrued expenses and other current liabilities and $1.1 million of other noncurrent liabilities.  The net accrual of $1.2 million at July 6, 2013 is reported as $0.4 million of accrued expenses and other current liabilities and $0.8 million of other noncurrent liabilities.

Retail Stores

We continue to review our domestic retail operations for underperforming locations.  As a result of these reviews, we have decided to close retail locations that no longer provide strategic benefits.  During the fiscal six months ended July 6, 2013, we decided to close 120 underperforming domestic retail locations throughout 2013 and 2014 in addition to the 50 store closings announced in the fiscal quarter ended December 31, 2012.  We expect to operate a smaller and more productive chain of domestic locations, with outlet stores comprising a significantly higher percentage of the overall retail portfolio.  We will continue to critically assess individual store profitability, including consideration of converting certain locations to brands that offer the greatest opportunity for revenue growth.

During the first fiscal six months of 2013 and 2012, we closed 40 and 70 locations, respectively, under this plan.  Total termination benefits and associated employee costs for all locations closed since 2009 and identified to be closed are expected to be $14.2 million for approximately 2,950 employees, including both store employees and administrative support personnel.  We accrued $3.2 million and $1.9 million of termination benefits and associated employee costs during the first fiscal six months of 2013 and 2012, respectively.  In connection with our decision to close these locations, we reviewed the associated long-term assets for impairments.  As a result of these reviews, we recorded $6.0 million and $0.4 million of impairment losses in the first fiscal six months of 2013 and 2012, respectively, on leasehold improvements and furniture and fixtures present in the locations to be closed.  These costs are reported as SG&A expenses in the domestic retail segment.

The details of the retail store restructuring accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2012	$	1.3
Additions		1.9
Payments and reductions		(1.3	)
Balance, June 30, 2012	$	1.9
Balance, January 1, 2013	$	0.9
Additions		3.2
Payments and reductions		(1.2	)
Balance, July 6, 2013	$	2.9

The net accrual of $1.9 million at June 30, 2012 is reported as $1.7 million of accrued expenses and other current liabilities and $0.2 million of other noncurrent liabilities.  The net accrual of $2.9 million at July 6, 2013 is reported as accrued expenses and other current liabilities.

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Other Cost Reduction Initiatives

During the fiscal six months ended July 6, 2013, we implemented actions to reduce costs in certain selling, supply chain and corporate back office functions (primarily through headcount reductions) and to optimize our wholesale sportswear channel by streamlining our structure to support a brand-focused organization, including the consolidation of certain production, design and selling divisions and consolidation of distribution and supply chain facilities.  Total termination benefits and associated employee costs identified as of July 6, 2013 are expected to be $4.3 million for approximately 100 employees.  We recorded $4.2 million of employee termination costs in the fiscal six months ended July 6, 2013.  The remaining $0.1 million will be accrued on a straight-line basis over the remaining period each affected employee is required to render service to receive the benefit.  These costs are reported as SG&A expenses and affect all of our reportable segments.  Additional actions may be taken during 2013 as we continue to assess our operations for opportunities to reduce costs and improve profitability.

The details of the cost reduction initiative accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2013	$	-
Additions		4.2
Payments and reductions		(2.2	)
Balance, July 6, 2013	$	2.0

The net accrual of $2.0 million at July 6, 2013 is reported as accrued expenses and other current liabilities.

GOODWILL

The following table presents, by segment and in total, the carrying amount of goodwill for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Domestic Wholesale Sportswear		Domestic Wholesale Jeanswear			Domestic Wholesale Footwear & Accessories			Domestic Retail			International Wholesale			International Retail			Total
Balance, January 1, 2012
Goodwill	$	46.7	$	519.2		$	859.8		$	120.6		$	111.6		$	50.4		$	1,708.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill		46.7		-			46.6			-			111.6			50.4			255.3
Foreign currency translation effects		-		-			-			-			0.5			0.5			1.0
Balance, June 30, 2012
Goodwill		46.7		519.2			859.8			120.6			112.1			50.9			1,709.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill	$	46.7	$	-		$	46.6		$	-		$	112.1		$	50.9		$	256.3
Balance, January 1, 2013
Goodwill	$	46.7	$	519.2		$	863.0		$	120.6		$	113.5		$	52.7		$	1,715.7
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(47.4	)		(1,500.4	)
Net goodwill		46.7		-			49.8			-			113.5			5.3			215.3
Foreign currency translation effects		-		-			-			-			(3.2	)		(0.5	)		(3.7	)
Balance, July 6, 2013
Goodwill		46.7		519.2			863.0			120.6			110.3			48.8			1,708.6
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(44.0	)		(1,497.0	)
Net goodwill	$	46.7	$	-		$	49.8		$	-		$	110.3		$	4.8		$	211.6

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FAIR VALUES

ASC Subtopic 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  ASC Subtopic 820-10 outlines a valuation framework, creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements, and details the disclosures that are required for items measured at fair value.  We are permitted to choose to measure many financial instruments and certain other items at fair value, although we did not elect the fair value measurement option for any of our financial assets or liabilities.  Our financial assets and liabilities are to be measured using inputs from the three levels of the fair value hierarchy, which are as follows:

· Level 1 - inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date;

· Level 2 - inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs); and

· Level 3 - unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing assets or liabilities based on the best information available.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

We have certain financial assets and liabilities that are required to be measured at fair value.  These include:

· the assets and liabilities of The Jones Group Inc. Deferred Compensation Plan (the "Rabbi Trust"), which represent deferred employee compensation invested in mutual funds and which fall within Level 1 of the fair value hierarchy;

· deferred director fees, which represent phantom units of our common stock that have a fair value based on the market price of our common stock and which fall within Level 1 of the fair value hierarchy;

· foreign currency forward contracts, which have fair values calculated by comparing foreign exchange forward rates to the contract rates discounted at our incremental borrowing rate,   which fall within Level 2 of the fair value hierarchy;

· an interest rate cap contract, which has fair values calculated by comparing current yield curves and LIBOR rates to the stated contract rates adjusted for estimated risk of counterparty nonperformance,  which fall within Level 2 of the fair value hierarchy;

· long-term debt that was hedged by interest rate swaps as a fair-value hedge, calculated by comparing current yield curves and LIBOR rates to the stated contract rates of the associated interest rate swaps, which falls within Level 2 of the fair value hierarchy; and

· consideration liabilities recorded as a result of the acquisition of Moda Nicola International, LLC ("Moda") and Stuart Weitzman Holdings, LLC ("SWH"), which have fair values based on our projections of financial results and cash flows for the acquired business and a discount factor based on our weighted average cost of capital, and which fall within Level 3 of the fair value hierarchy.

In accordance with the fair value hierarchy described above, the following table shows the fair value of our financial assets and liabilities that are required to be measured at fair value on a recurring basis at June 30, 2012, December 31, 2012 and July 6, 2013.

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(In millions) Description	Classification	Total Value		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
June 30, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.0	$	8.0	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	8.2	$	8.0	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.0	$	8.0	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		216.7		-		-		216.7
Acquisition consideration	Acquisition consideration payable, net of current portion		4.8		-		-		4.8
Total liabilities		$	229.7	$	8.2	$	-	$	221.5
December 31, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.4	$	8.4	$	-	$	-
Interest rate cap	Other long-term assets		-		-		-		-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		-		-		-		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.2		-		0.2		-
Total assets		$	8.6	$	8.4	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.4	$	8.4	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		30.3		-		-		30.3
Acquisition consideration	Acquisition consideration payable, net of current portion		6.0		-		-		6.0
Total liabilities		$	44.9	$	8.6	$	-	$	36.3
July 6, 2013:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.5	$	8.5	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.8		-		0.8		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.6		-		0.6		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	9.9	$	8.5	$	1.4	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.5	$	8.5	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.3		0.3		-		-
Acquisition consideration	Current portion of acquisition consideration payable		2.3		-		-		2.3
Acquisition consideration	Acquisition consideration payable, net of current portion		4.4		-		-		4.4
Total liabilities		$	15.5	$	8.8	$	-	$	6.7

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The following table presents the changes in Level 3 contingent consideration liability for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Acquisition of Moda			Acquisition of SWH			Total Acquisition Consideration Payable
Beginning balance, January 1, 2012	$	14.8		$	195.6		$	210.4
Payments		(3.5	)		(4.8	)		(8.3	)
Total adjustments included in earnings		(4.1	)		23.5			19.4
Balance, June 30, 2012	$	7.2		$	214.3		$	221.5
Beginning balance, January 1, 2013	$	7.4		$	28.9		$	36.3
Payments		(2.5	)		(27.4	)		(29.9	)
Total adjustments included in earnings		0.8			(0.5	)		0.3
Balance, July 6, 2013	$	5.7		$	1.0		$	6.7

The following table represents quantitative information about the Level 3 contingent consideration liability measurement for the acquisition of Moda at July 6, 2013.

(In millions)	Fair Value at July 6, 2013		Valuation technique	Unobservable inputs	Range (Weighted Average)
Acquisition of Moda	$	5.7	Discounted projection of financial results	Net sales growth Gross margin multiplier Discount rate	12% - 71% (49.4%) 1.31 – 1.38 (1.34) 12.0%

The valuation processes for the contingent consideration liability for the acquisition of Moda is based on the associated acquisition agreement.  Our inputs include probability-weighted projections of financial results for the acquired business and a discount rate based on our weighted average cost of capital.  We internally calculate the estimated liability using projected financial information provided by the operating divisions.

The significant unobservable inputs used in the fair value measurement of the Moda contingent consideration liability are net sales growth, a gross margin multiplier (as defined in the acquisition agreement) and a discount factor.  An increase in the net sales or gross margin multiplier inputs would increase the fair value of the liability, while an increase in the discount rate would decrease the fair value of the liability.  There is no interrelationship between the unobservable inputs.  Changes in the fair value of the Moda contingent consideration liability are reported as adjustments to SG&A expenses in the domestic wholesale sportswear segment.

The remaining contingent consideration liability related to the acquisition of SWH has been determined to be $1.0 million.  Changes in the fair value of the contingent consideration liability for SWH are reported as adjustments to interest expense.  Payment of the remaining liability will be deferred until certain conditions are met.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

In accordance with the fair value hierarchy described above, the following table shows the fair value of our non-financial assets and liabilities that were required to be measured at fair value on a nonrecurring basis at June 30, 2012 and July 6, 2013, and the total losses recorded as a result of the remeasurement process.

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(In millions)				Fair Value Measurements Using
Description	Carrying Value			Quoted prices in active markets for identical assets (Level 1)			Significant other observable inputs (Level 2)			Significant unobserv-able inputs (Level 3)			Total losses recorded for the fiscal six months
At June 30, 2012:
Property and equipment		$	-		$	-		$	-		$	-		$	0.4
At July 6, 2013:
Property and equipment			0.8			-			-			0.8			6.8

During the fiscal six months ended June 30, 2012 and July 6, 2013, property and equipment utilized in our retail operations with a carrying amount of $0.4 million and $6.8 million, respectively, were written down to fair values of zero and $0.8 million, respectively, primarily as a result of our decision to close underperforming retail locations.  These losses were recorded as SG&A expenses in the domestic retail segment.  We consider long-term assets utilized in a retail location to be impaired when a pattern of operating losses at or a decision to close the location indicate that future operating losses are probable and that the resulting cash flows will not be sufficient to recover the carrying value of the associated long-term assets.  During the fiscal six months ended July 6, 2013, leasehold improvements with a carrying value of $0.8 million in a facility to be sublet were written down to a fair value of zero, as we will incur a loss on the sublease.  This loss was recorded as an SG&A expense in the domestic wholesale footwear and accessories segment.

Financial Instruments

As a result of our global operating and financing activities, we are exposed to changes in interest rates and foreign currency exchange rates which may adversely affect results of operations and financial condition.  In seeking to minimize the risks and/or costs associated with such activities, we manage exposure to changes in interest rates and foreign currency exchange rates through our regular operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments.  The instruments eligible for utilization include forward, option and swap agreements.  We do not use financial instruments for trading or other speculative purposes.  At July 6, 2013, we had outstanding foreign exchange contracts to exchange Canadian Dollars for a total notional value of US$9.7 million at a weighted-average exchange rate of 0.994 maturing through November 2013 and to exchange 6.0 million British Pounds for U.S. Dollars at an exchange rate of 1.623 maturing in December 2013.

At July 6, 2013, June 30, 2012 and December 31, 2012, the fair values of cash and cash equivalents, receivables and accounts payable approximated their carrying values due to the short-term nature of these instruments.  The estimated fair values of other financial instruments subject to fair value disclosures were valued using market comparable inputs.  These inputs include broker quotes, quoted market prices, interest rates and exchange rates for the same or similar instruments.  The fair value and related carrying amounts for items not disclosed elsewhere are as follows:

(In millions)	July 6, 2013								June 30, 2012						December 31, 2012
	Fair Value Level		Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Senior Notes, including hedged items recorded at fair value		1		$	920.6		$	877.3		$	824.4		$	732.5		$	924.3		$	884.5
Other long-term debt, including current portion		2			9.4			8.5			9.9			8.7			10.2			9.3
Notes receivable		2			6.5			5.6			2.8			1.7			-			-

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Financial instruments expose us to counterparty credit risk for nonperformance and to market risk for changes in interest and currency rates.  We manage exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties and procedures to monitor the amount of credit exposure.  Our financial instrument counterparties are substantial investment or commercial banks with significant experience with such instruments.

CREDIT FACILITIES

We have a secured revolving credit agreement expiring on April 28, 2016 (the "Credit Facility") with several lending institutions to borrow an aggregate principal amount of up to $650 million.  The terms and conditions of our Credit Facility provide for, among other things: (1) a $350 million U.S. commitment which may be drawn by the U.S. borrowers as revolving loans in U.S. Dollars or letters of credit in Canadian Dollars, U.S. Dollars, or an "LC Alternative Currency" (namely Euros, sterling, or any other currency acceptable to the lenders); and (2) a $300 million international commitment which may be drawn by the U.S. borrowers or by any Canadian or European borrowers as revolving loans or letters of credit in Canadian Dollars, U.S. Dollars, or an LC Alternative Currency.  Up to the entire amount of the Credit Facility is available for cash borrowings, with an overall sublimit of up to $350 million for all letters of credit.  All of the overall $350 million sublimit may be used for trade letters of credit; and within that overall sublimit, there are additional sublimits, including (but not limited to) $50 million for standby letters of credit and $150 million for letters of credit under the U.S. commitment denominated in an LC Alternative Currency.

        Borrowings under the Credit Facility may be used to refinance certain existing indebtedness, to make certain investments (including acquisitions), and for general corporate purposes in the ordinary course of business.  Such borrowings bear interest either based on the alternate base rate, as defined in the Credit Facility, or based on Eurocurrency rates, each with a margin that depends on the availability remaining under the Credit Facility.  The Credit Facility contains customary events of default.

        Availability under the Credit Facility is determined with reference to a borrowing base consisting of a percentage of eligible inventory, accounts receivable, credit card receivables and licensee receivables, minus reserves determined by the joint collateral agents.  At July 6, 2013, we had no cash borrowings and $16.4 million of letters of credit outstanding, and our remaining availability was $398.5 million.  If availability under the Credit Facility falls below a stated level, we will be required to comply with a minimum fixed charge coverage ratio.  The Credit Facility also contains affirmative and negative covenants that, among other things, will limit or restrict our ability to (1) incur indebtedness, (2) create liens, (3) merge, consolidate, liquidate or dissolve, (4) make investments (including acquisitions), loans or advances, (5) sell assets, (6) enter into sale and leaseback transactions, (7) enter into swap agreements, (8) make certain restricted payments (including dividends and other payments in respect of capital stock), (9) enter into transactions with affiliates, (10) enter into restrictive agreements, and (11) amend material documents.  The Credit Facility is secured by a first priority lien on substantially all of our personal property.

LONG-TERM DEBT

In September 2012, we issued an additional $100.0 million of our 6.875% Senior Notes due 2019 (the "2019 Notes").  Net proceeds (including a premium of $3.5 million) were $100.9 million, which was used for general corporate purposes.  These additional notes are being treated as a single series with, and have the same terms as, the previously issued 2019 Notes and are fungible with the previously-issued 2019 Notes.

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DERIVATIVES

We recognize all derivatives as either assets or liabilities on the balance sheet and measure those instruments at fair value.  Additionally, the fair value adjustments will affect either equity or net income, depending on whether the derivative instrument qualifies as a hedge for accounting purposes and, if so, the nature of the hedging activity.

Interest Rate Swaps and Caps

On December 14, 2010, we entered into three interest rate swap transactions to effectively convert the entire amount of our $250 million fixed-rate 5.125% Senior Notes due 2014 (the "2014 Notes") to variable-rate debt.  Under the terms of the transactions, we were required to make semiannual variable-rate payments to the counterparties calculated based on three-month LIBOR rates (which were reset on the 15^th day of each calendar quarter) plus 3.46%, and the counterparties were obligated to make semiannual fixed-rate payments to us of 5.125%.  The swap transactions had an effective date of December 17, 2010 and a termination date of November 15, 2014, the date the 2014 Notes mature.  On June 8, 2012, we de-designated the hedging relationship between the swaps and the 2014 Notes and received $5.7 million upon termination of the swaps.  The related fair market valuation adjustment to the 2014 Notes is being amortized as a reduction of interest expense over the remaining life of the 2014 notes.

On March 19, 2012, we entered into three interest rate swap transactions to effectively convert $150 million of our 2019 Notes to variable-rate debt.  Under the terms of the transactions, we were required to make semiannual variable-rate payments to the counterparties calculated based on one-month LIBOR rates (which were reset on the 15^th day of each calendar quarter) plus 5.195%, and the counterparties were obligated to make semiannual fixed-rate payments to us of 6.875%.  The swap transactions had an effective date of March 21, 2012 and a termination date of March 15, 2019, the date the 2019 Notes mature.  On May 31, 2012, we de-designated the hedging relationship between the swaps and the 2019 Notes and received $3.5 million upon termination of the swaps.  The related fair market valuation adjustment to the 2019 Notes is being amortized as a reduction of interest expense over the remaining life of the 2019 Notes.

The swap transactions were designated as hedges of the fair value of the related notes.  The fair values of the swaps were recorded either as an asset or a liability, with changes in their fair values recorded through interest expense.  The changes in fair value of the notes related to the hedged portion of the notes were also recorded through interest expense.  As these changes in fair value did not exactly offset each other, the net effect on earnings represented the ineffectiveness of the hedging instruments.  We evaluate effectiveness under the "long haul" method of accounting.  The interest rate cap has not been designated as a hedging instrument; as a result, all changes in the fair value of the cap are recorded through interest expense.

We recorded net increases in interest expense related to the ineffectiveness of the swaps and the changes in the fair value of the cap as follows.

(In millions)	Fiscal Quarter Ended							Fiscal Six Months Ended
	July 6, 2013			June 30, 2012				July 6, 2013			June 30, 2012
Interest rate swaps		$	-		$	(0.2	)		$	-		$	1.3
Interest rate cap			-			-				-			0.2
Net (decrease) increase in interest expense		$	-		$	(0.2	)		$	-		$	1.5

Foreign Currency Forward Contracts

We use foreign currency forward contracts for the specific purpose of hedging the exposure to variability in forecasted cash flows associated primarily with inventory purchases.  Fair values of foreign currency forward contracts are calculated by comparing each agreement's contractual exchange rate with the currency exchange forward and spot rates at the reporting date.

We have outstanding forward contracts to exchange Canadian Dollars for U.S. Dollars.  These contracts are designated as cash flow hedges, as the principal terms of the contracts are the same as the underlying forecasted foreign currency cash flows.  Therefore, changes in the fair value of these forward

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contracts are highly effective in offsetting changes in the expected foreign currency cash flows.  Changes in the fair value of these contracts are recorded in accumulated other comprehensive income, net of related tax effects, with the corresponding asset or liability recorded in the balance sheet.  Amounts recorded in accumulated other comprehensive income are reflected in current-period earnings when the hedged transaction affects earnings.

Since the foreign currency derivatives we use in our risk management strategies are highly effective hedges because all the critical terms of the derivative instruments match those of the hedged item, we record no ineffectiveness related to our cash flow hedges.  If foreign currency exchange rates do not change from their July 6, 2013 amounts, we estimate that any reclassifications from other comprehensive income to earnings within the next 12 months will not be material.

We also currently have outstanding forward contracts to exchange British Pounds for U.S. Dollars.  These contracts have not been designated as hedges.  Therefore, changes in the fair value of these contracts are recorded through earnings, with the corresponding asset or liability recorded in the balance sheet.

The notional amounts of our foreign exchange contracts outstanding at July 6, 2013, June 30, 2012 and December 31, 2012 are as follows.  For additional information, see "Fair Values."

(In millions)	Notional Amounts
	July 6, 2013			June 30, 2012			December 31, 2012
Canadian Dollar – U.S. Dollar forward exchange contracts	US$9.7			US$10.2			US$16.1
British Pound – U.S. Dollar forward exchange contracts		£	6.0		£	3.0		£	6.0

Fair Values of Derivative Instruments

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	0.6	Prepaid expenses and other current assets	$	0.1	Prepaid expenses and other current assets	$	0.2
Total derivative assets		$	0.6		$	0.1		$	0.2
Derivatives not designated as hedging instruments
Interest rate cap contract	Other long-term assets	$	-	Other long-term assets	$	-	Other long-term assets	$	-
Foreign exchange contracts	Prepaid expenses and other current assets		0.8	Prepaid expenses and other current assets		0.1			-
Total derivative assets		$	0.8		$	0.1		$	-

Effect of Derivatives on the Statement of Operations - Derivatives Designated as Hedging Instruments

(In millions)		Amount of Pretax (Loss) due to Ineffectiveness Recognized in Income
Derivative type	Location of Pretax (Loss) due to Ineffectiveness Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Interest rate swap contracts	Interest expense		$	-		$	(1.3	)

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(In millions)	Amount of Pretax Gain (Loss) Recognized in Other Comprehensive Income							Amount of Pretax Gain (Loss) Reclassified from Other Comprehensive Income into Income
Derivative type	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012			Location of Pretax (Loss) Reclassified from Other Comprehensive Income into Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Canadian Dollar – U.S. Dollar forward contracts		$	0.7		$	0.2	Cost of sales		$	0.1		$	(0.1	)

Effect of Derivatives on the Statement of Operations - Derivatives Not Designated as Hedging Instruments

(In millions)		Amount of Pretax Gain (Loss) Recognized in Income
Derivative type	Location of Pretax Gain (Loss) Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
British Pound – U.S. Dollar forward contracts	Selling, general and administrative expenses		$	0.8		$	(0.2	)

STATEMENT OF CASH FLOWS

Fiscal Six Months Ended	July 6, 2013			June 30, 2012
(In millions)
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest		$	51.7		$	26.0
Net income tax payments			5.2			1.1
Supplemental disclosures of non-cash investing and financing activities:
Restricted stock issued to employees			28.2			20.8
Shares withheld for taxes upon vesting of restricted stock			2.4			0.2

PENSION PLANS

Components of Net Periodic Benefit Cost

(In millions)	Fiscal Quarter Ended						Fiscal Six Months Ended
	July 6, 2013			June 30, 2012			July 6, 2013			June 30, 2012
Interest cost	$	0.6		$	0.6		$	1.2		$	1.2
Expected return on plan assets		(0.8	)		(0.7	)		(1.5	)		(1.3	)
Amortization of net loss		0.3			0.6			0.5			1.1
Net periodic benefit cost	$	0.1		$	0.5		$	0.2		$	1.0

Employer Contributions

During the fiscal six months ended July 6, 2013, we contributed $1.3 million to our defined benefit pension plan.  We anticipate contributing a total of $4.8 million during 2013.

- 20 -

SEGMENT INFORMATION

We identify operating segments based on, among other things, differences in products sold and the way our management organizes the components of our business for purposes of allocating resources and assessing performance.  Our operations are comprised of six reportable segments: domestic wholesale sportswear, domestic wholesale jeanswear, domestic wholesale footwear and accessories, domestic retail, international wholesale and international retail.  Segment revenues are generated from the sale of apparel, footwear and accessories through wholesale channels and our own retail locations.  The wholesale segments include wholesale operations with third party department and other retail stores, the retail segments include operations by our own stores, concession locations and e-commerce web sites, and income and expenses related to trademarks, licenses and general corporate functions are reported under "licensing, other and eliminations."

We define segment income as operating income before net interest expense, goodwill impairment charges, gains or losses on sales of subsidiaries, equity in earnings of unconsolidated affiliates and income taxes.  Sales and transfers between segments generally are recorded at cost and treated as transfers of inventory, which are not reviewed by management when evaluating segment performance.  The wholesale segments allocate to the retail segments a portion of their SG&A costs related to the inventory transferred to those divisions where the retail operations benefit from those costs.

Summarized below are our revenues and income by reportable segment for the fiscal quarters and six months ended July 6, 2013 and June 30, 2012.  We are an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets.  Therefore, we do not represent that these segments, if operated independently, would report the operating profit and other financial information shown below.

(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
Net interest expense																					(15.4	)
Equity in loss of unconsolidated affiliate																					(0.5	)
Loss before benefit for income taxes																				$	(5.1	)
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
Net interest expense																					(8.8	)
Equity in income of unconsolidated affiliate																					0.4
Income before provision for income taxes																				$	13.3
For the fiscal six months ended July 6, 2013
Revenues	$	349.9		$	439.1	$	422.9		$	274.2		$	162.0	$	185.3		$	20.9		$	1,854.3
Segment income (loss)	$	0.8		$	48.5	$	22.4		$	(40.0	)	$	16.5	$	(8.0	)	$	(12.5	)		27.7
Net interest expense																					(31.5	)
Equity in income of unconsolidated affiliate																					0.1
Loss before benefit for income taxes																				$	(3.7	)
For the fiscal six months ended June 30, 2012
Revenues	$	408.4		$	335.8	$	421.3		$	278.7		$	148.8	$	175.2		$	22.5		$	1,790.7
Segment income (loss)	$	32.2		$	23.6	$	16.7		$	(25.4	)	$	19.6	$	(1.3	)	$	(3.5	)		61.9
Net interest expense																					(51.5	)
Equity in income of unconsolidated affiliate																					1.3
Income before provision for income taxes																				$	11.7

- 21 -

ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated Other Comprehensive (Loss) Income by Component

(In millions)	Gains (Losses) on Cash Flow Hedges			Defined Benefit Pension Items			Foreign Currency Translation			Total
For the fiscal quarter ended July 6, 2013:
Balance, April 7, 2013	$	0.2		$	(23.4	)	$	(3.6	)	$	(26.8	)
Other comprehensive (loss) income before reclassifications		0.3			-			(4.0	)		(3.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.1			-			0.1
Net comprehensive (loss) income		0.3			0.1			(4.0	)		(3.6	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal quarter ended June 30, 2012:
Balance, April 1, 2012	$	-		$	(23.5	)	$	3.2		$	(20.3	)
Other comprehensive (loss) income before reclassifications		0.2			(0.3	)		(8.2	)		(8.3	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.3			-			0.3
Net comprehensive (loss) income		0.2			-			(8.2	)		(8.0	)
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)
For the fiscal six months ended July 6, 2013:
Balance, January 1, 2013	$	0.1		$	(23.6	)	$	5.6		$	(17.9	)
Other comprehensive (loss) income before reclassifications		0.5			-			(13.2	)		(12.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		(0.1	)		0.3			-			0.2
Net comprehensive (loss) income		0.4			0.3			(13.2	)		(12.5	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal six months ended June 30, 2012:
Balance, January 1, 2012	$	-		$	(23.5	)	$	(6.1	)	$	(29.6	)
Other comprehensive (loss) income before reclassifications		0.1			(0.7	)		1.1			0.5
Amounts reclassified from accumulated other comprehensive (loss) income		0.1			0.7			-			0.8
Net comprehensive (loss) income		0.2			-			1.1			1.3
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

(In millions)	Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
	For the Fiscal Quarter Ended July 6, 2013			For the Fiscal Quarter Ended June 30, 2012			For the Fiscal Six Months Ended July 6, 2013			For the Fiscal Six Months Ended June 30, 2012			Line Item in the Statement of Operations
(Gains) losses on cash flow hedges
Foreign exchange contracts	$	(0.1	)	$	-		$	(0.2	)	$	0.1		Cost of goods sold
Tax provision		0.1			-			0.1			-		(Benefit) provision for income taxes
Total, net of tax	$	-		$	-		$	(0.1	)	$	0.1
Amortization of defined benefit pension items
Actuarial (gains) losses	$	0.2		$	0.6		$	0.5		$	1.1		Selling, general and administrative expenses
Tax benefit		(0.1	)		(0.3	)		(0.2	)		(0.4	)	(Benefit) provision for income taxes
Total, net of tax	$	0.1		$	0.3		$	0.3		$	0.7

- 22 -

SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION

Certain of our subsidiaries function as co-issuers (fully and unconditionally guaranteed on a joint and several basis) of the outstanding debt of The Jones Group Inc. ("Jones"), including Jones Apparel Group, USA, Inc. ("Jones USA"), Jones Apparel Group Holdings, Inc. ("Jones Holdings") and JAG Footwear, Accessories and Retail Corporation ("JAG Footwear").

The following condensed consolidating balance sheets, statements of operations, statements of consolidated comprehensive income and statements of cash flows for the "Issuers" (consisting of Jones and Jones USA, Jones Holdings, JAG Footwear, which are all our subsidiaries that act as co-issuers and co-obligors) and the "Others" (consisting of all of our other subsidiaries, excluding all obligor subsidiaries) have been prepared using the equity method of accounting in accordance with the requirements for presentation of such information.  Separate financial statements and other disclosures concerning Jones are not presented as Jones has no independent operations or assets.  There are no contractual restrictions on distributions from Jones USA, Jones Holdings or JAG Footwear to Jones.

Condensed Consolidating Balance Sheets

(In millions)

	July 6, 2013												December 31, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others		Elim- inations			Cons- olidated
ASSETS
Current assets:
Cash and cash equivalents	$	39.9		$	41.1		$	-		$	81.0		$	82.6		$	67.0	$	-		$	149.6
Accounts receivable		155.1			157.2			-			312.3			191.0			190.0		-			381.0
Inventories, primarily finished goods		295.6			245.8			(0.8	)		540.6			261.7			226.2		(1.2	)		486.7
Prepaid and refundable income taxes		21.3			1.5			(8.7	)		14.1			18.6			0.3		(13.4	)		5.5
Deferred taxes		19.9			11.6			-			31.5			17.9			15.3		-			33.2
Prepaid expenses and other current assets		26.0			24.4			(0.9	)		49.5			23.6			18.2		(1.1	)		40.7
Total current assets		557.8			481.6			(10.4	)		1,029.0			595.4			517.0		(15.7	)		1,096.7
Property, plant and equipment		58.3			201.7			-			260.0			64.6			213.5		-			278.1
Due from affiliates		-			461.9			(461.9	)		-			-			319.0		(319.0	)		-
Goodwill		49.8			161.8			-			211.6			49.9			165.4		-			215.3
Other intangibles		5.6			842.1			-			847.7			6.0			863.7		-			869.7
Deferred taxes		93.3			-			(93.3	)		-			93.0			-		(93.0	)		-
Investments in subsidiaries		1,808.7			41.5			(1,808.7	)		41.5			1,745.6			38.9		(1,745.6	)		38.9
Other assets		70.0			24.4			-			94.4			67.7			29.1		-			96.8
Total assets	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	-		$	2.2		$	-		$	2.2		$	-		$	2.2	$	-		$	2.2
Current portion of acquisition consideration payable		2.3			-			-			2.3			30.3			-		-			30.3
Accounts payable		142.5			107.1			-			249.6			156.2			101.3		-			257.5
Income taxes payable		-			29.1			(29.1	)		-			22.1			12.9		(33.6	)		1.4
Accrued expenses and other current liabilities		62.5			67.3			(0.9	)		128.9			79.1			82.8		(1.1	)		160.8
Total current liabilities		207.3			205.7			(30.0	)		383.0			287.7			199.2		(34.7	)		452.2
Long-term debt		929.9			-			-			929.9			934.4			-		-			934.4
Obligations under capital leases		-			20.2			-			20.2			-			21.3		-			21.3
Income taxes payable		0.3			-			-			0.3			0.5			-		-			0.5
Deferred taxes		-			159.0			(99.3	)		59.7			-			155.7		(99.0	)		56.7
Acquisition consideration payable		4.4			-			-			4.4			6.0			-		-			6.0
Due to affiliates		461.9			-			(461.9	)		-			319.0			-		(319.0	)		-
Other noncurrent liabilities		88.3			22.3			-			110.6			93.1			25.0		-			118.1
Total liabilities		1,692.1			407.2			(591.2	)		1,508.1			1,640.7			401.2		(452.7	)		1,589.2
Redeemable noncontrolling interest		-			0.6			-			0.6			-			0.6		-			0.6
Equity:
Common stock and additional paid-in capital		522.9			929.7			(929.7	)		522.9			521.6			948.0		(948.0	)		521.6
Retained earnings		458.9			886.4			(863.3	)		482.0			477.8			793.1		(769.8	)		501.1
Accumulated other comprehensive (loss) income		(30.4	)		(9.9	)		9.9			(30.4	)		(17.9	)		2.8		(2.8	)		(17.9	)
Total Jones stockholders' equity		951.4			1,806.2			(1,783.1	)		974.5			981.5			1,743.9		(1,720.6	)		1,004.8
Noncontrolling interests		-			1.0			-			1.0			-			0.9		-			0.9
Total equity		951.4			1,807.2			(1,783.1	)		975.5			981.5			1,744.8		(1,720.6	)		1,005.7
Total liabilities and equity	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5

- 23 -

Condensed Consolidating Statements of Operations

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	482.7		$	359.6		$	(7.1	)	$	835.2		$	516.6		$	333.7		$	(6.0	)	$	844.3
Licensing income		0.2			10.0			-			10.2			-			10.2			-			10.2
Other revenues		0.2			-			-			0.2			0.3			-			-			0.3
Total revenues		483.1			369.6			(7.1	)		845.6			516.9			343.9			(6.0	)		854.8
Cost of goods sold		326.6			223.7			(5.4	)		544.9			333.8			198.6			(3.8	)		528.6
Gross profit		156.5			145.9			(1.7	)		300.7			183.1			145.3			(2.2	)		326.2
Selling, general and administrative expenses		196.0			95.8			(1.9	)		289.9			216.2			90.3			(2.0	)		304.5
Operating (loss) income		(39.5	)		50.1			0.2			10.8			(33.1	)		55.0			(0.2	)		21.7
Net interest expense (income) and financing costs		14.1			1.3			-			15.4			9.2			(0.4	)		-			8.8
Equity in (loss) income of unconsolidated affiliate		-			(0.5	)		-			(0.5	)		-			0.4			-			0.4
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(53.6	)		48.3			0.2			(5.1	)		(42.3	)		55.8			(0.2	)		13.3
(Benefit) provision for income taxes		(18.4	)		16.7			(0.2	)		(1.9	)		(12.2	)		17.1			-			4.9
Equity in earnings of subsidiaries		32.2			-			(32.2	)		-			38.4			-			(38.4	)		-
Net (loss) income		(3.0	)		31.6			(31.8	)		(3.2	)		8.3			38.7			(38.6	)		8.4
Less: income attributable to noncontrolling interest		-			0.2			-			0.2			-			0.3			-			0.3
(Loss) income attributable to Jones	$	(3.0	)	$	31.4		$	(31.8	)	$	(3.4	)	$	8.3		$	38.4		$	(38.6	)	$	8.1

	Fiscal Six Months Ended July 6, 2013											Fiscal Six Months Ended June 30, 2012
	Issuers			Others		Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	1,060.5		$	784.4	$	(12.1	)	$	1,832.8		$	1,087.2		$	693.3		$	(12.8	)	$	1,767.7
Licensing income		0.3			20.6		-			20.9			-			22.5			-			22.5
Other revenues		0.6			-		-			0.6			0.5			-			-			0.5
Total revenues		1,061.4			805.0		(12.1	)		1,854.3			1,087.7			715.8			(12.8	)		1,790.7
Cost of goods sold		716.3			497.4		(8.4	)		1,205.3			711.1			417.5			(7.5	)		1,121.1
Gross profit		345.1			307.6		(3.7	)		649.0			376.6			298.3			(5.3	)		669.6
Selling, general and administrative expenses		423.6			201.9		(4.2	)		621.3			422.8			189.1			(4.2	)		607.7
Operating (loss) income		(78.5	)		105.7		0.5			27.7			(46.2	)		109.2			(1.1	)		61.9
Net interest expense (income) and financing costs		28.9			2.6		-			31.5			52.4			(0.9	)		-			51.5
Equity in income of unconsolidated affiliate		-			0.1		-			0.1			-			1.3			-			1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(107.4	)		103.2		0.5			(3.7	)		(98.6	)		111.4			(1.1	)		11.7
(Benefit) provision for income taxes		(38.6	)		37.3		(0.1	)		(1.4	)		(28.1	)		32.8			(0.4	)		4.3
Equity in earnings of subsidiaries		66.1			-		(66.1	)		-			78.3			-			(78.3	)		-
Net (loss) income		(2.7	)		65.9		(65.5	)		(2.3	)		7.8			78.6			(79.0	)		7.4
Less: income attributable to noncontrolling interest		-			0.6		-			0.6			-			0.5			-			0.5
(Loss) income attributable to Jones	$	(2.7	)	$	65.3	$	(65.5	)	$	(2.9	)	$	7.8		$	78.1		$	(79.0	)	$	6.9

Condensed Consolidating Statements of Other Comprehensive (Loss) Income

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net (loss) income	$	(3.0	)	$	31.6		$	(31.8	)	$	(3.2	)	$	8.3		$	38.7		$	(38.6	)	$	8.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.3			0.3			(0.3	)		0.3			0.2			0.2			(0.2	)		0.2
Pension and postretirement liability adjustments, net of tax		0.1			-			-			0.1			-			-			-			-
Foreign currency translation adjustments		(4.0	)		(4.0	)		4.0			(4.0	)		(8.2	)		(8.2	)		8.2			(8.2	)
Total other comprehensive (loss) income		(3.6	)		(3.7	)		3.7			(3.6	)		(8.0	)		(8.0	)		8.0			(8.0	)
Comprehensive (loss) income	$	(6.6	)	$	27.9		$	(28.1	)	$	(6.8	)	$	0.3		$	30.7		$	(30.6	)	$	0.4

- 24 -

Condensed Consolidating Statements of Other Comprehensive (Loss) Income (continued)

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers		Others		Elim- inations			Cons- olidated
Net (loss) income	$	(2.7	)	$	65.9		$	(65.5	)	$	(2.3	)	$	7.8	$	78.6	$	(79.0	)	$	7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.5			0.5			(0.5	)		0.5			0.1		0.1		(0.1	)		0.1
Reclassification adjustment for hedge gains and losses included in net income, net of tax		(0.1	)		(0.1	)		0.1			(0.1	)		0.1		0.1		(0.1	)		0.1
Pension and postretirement liability adjustments, net of tax		0.3			-			-			0.3			-		-		-			-
Foreign currency translation adjustments		(13.2	)		(13.2	)		13.2			(13.2	)		1.1		1.1		(1.1	)		1.1
Total other comprehensive (loss) income		(12.5	)		(12.8	)		12.8			(12.5	)		1.3		1.3		(1.3	)		1.3
Comprehensive (loss) income	$	(15.2	)	$	53.1		$	(52.7	)	$	(14.8	)	$	9.1	$	79.9	$	(80.3	)	$	8.7

Condensed Consolidating Statements of Cash Flows

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net cash (used in) provided by operating activities	$	(4.0	)	$	12.4		$	(6.6	)	$	1.8		$	58.7		$	71.2		$	(5.9	)	$	124.0
Cash flows from investing activities:
Capital expenditures		(7.1	)		(22.2	)		-			(29.3	)		(9.0	)		(29.2	)		-			(38.2	)
Notes receivable issued		(6.1	)		(0.4	)		-			(6.5	)		-			-			-			-
Payments related to acquisition of Brian Atwood		(0.5	)		-			-			(0.5	)		-			-			-			-
Contingent consideration paid related to investment in GRI		-			-			-			-			-			(3.5	)		-			(3.5	)
Other		-			0.4			-			0.4			-			(0.1	)		-			(0.1	)
Net cash used in investing activities		(13.7	)		(22.2	)		-			(35.9	)		(9.0	)		(32.8	)		-			(41.8	)
Cash flows from financing activities:
Costs related to revolving credit agreement		(0.3	)		-			-			(0.3	)		(0.3	)		-			-			(0.3	)
Dividends paid		(7.8	)		(6.6	)		6.6			(7.8	)		(7.9	)		(5.9	)		5.9			(7.9	)
Repurchase of common shares		(14.5	)		-			-			(14.5	)		(29.0	)		-			-			(29.0	)
Payments of acquisition consideration payable		(2.5	)		(6.9	)		-			(9.4	)		-			(7.5	)		-			(7.5	)
Other items, net		0.1			(1.6	)		-			(1.5	)		2.3			(1.3	)		-			1.0
Net cash used in financing activities		(25.0	)		(15.1	)		6.6			(33.5	)		(34.9	)		(14.7	)		5.9			(43.7	)
Effect of exchange rates on cash		-			(1.0	)		-			(1.0	)		-			(0.2	)		-			(0.2	)
Net (decrease) increase in cash and cash equivalents		(42.7	)		(25.9	)		-			(68.6	)		14.8			23.5			-			38.3
Cash and cash equivalents, beginning		82.6			67.0			-			149.6			195.8			43.0			-			238.8
Cash and cash equivalents, ending	$	39.9		$	41.1		$	-		$	81.0		$	210.6		$	66.5		$	-		$	277.1

NEW ACCOUNTING STANDARDS

In March 2013, the FASB issued ASU 2013-05, "Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity."  ASU 2013-05 requires an entity to release any related cumulative translation adjustment into net income when it ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.  For an equity method investment that is a foreign entity, a pro rata portion of the cumulative translation adjustment should be released into net income upon a partial sale of such an equity method investment.  Additionally, the amendments clarify that the sale of an investment in a foreign entity includes both (1) events that result in the loss of a controlling financial interest in a foreign entity (that is, irrespective of any retained investment) and (2) events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date (sometimes also referred to as a step acquisition).  Accordingly, the cumulative translation adjustment should be released into net income upon the occurrence of those events.  For public entities, the amendments are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013.  Early adoption is permitted.  If an entity elects to early adopt the amendments, it should apply them as of the beginning of

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the entity's fiscal year of adoption.  The adoption of ASU 2013-05 will not have a material impact on our results of operations or our financial position.

In July 2013, the FASB issued ASU 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists."  ASU 2013-11 requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows.  To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets.  The amendments in this Update are effective for fiscal years (and interim periods within those years) beginning after December 15, 2013.  The adoption of ASU 2013-11 will not have a material impact on our results of operations or our financial position.

Item 2.  Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion provides information and analysis of our results of operations for the 13 and 27 week periods ended July 6, 2013 (hereinafter referred to as the "second fiscal quarter of 2013" and the "first fiscal six months of 2013") and the 13 and 26 week periods ended June 30, 2012 (hereinafter referred to as the "second fiscal quarter of 2012" and the "first fiscal six months of 2012") and our liquidity and capital resources.  The first fiscal six months of 2013 contained five additional retail selling days (the "additional sales days") compared with the first fiscal six months of 2012.  The following discussion and analysis should be read in conjunction with our Consolidated Financial Statements included elsewhere herein.

Executive Overview

We design, contract for the manufacture of and market a broad range of women's collection sportswear, suits and dresses, casual sportswear and jeanswear for women and children and women's and men's footwear and accessories.  We sell our products through a broad array of distribution channels, including better specialty stores, department stores, mass merchandisers and international concession arrangements, primarily in the United States, Canada and Europe.  We also operate our own network of retail and factory outlet stores and several e-commerce web sites.  In addition, we license the use of several of our brand names to select manufacturers and distributors of women's and men's apparel and accessories worldwide.

Significant highlights from the discussion and analysis of our results of operations for the second fiscal quarter of 2013 are as follows:

· total revenues were $845.6 million, a decrease of $9.2 million from a year ago;

· gross profit, as a percent of sales, decreased to 35.6% from 38.2% a year ago;

· operating income was $10.8 million, a decrease of $10.9 million from a year ago; and

· diluted loss per share was $0.05, compared with diluted earnings per share of $0.10 from a year ago.

Significant highlights from the discussion and analysis of our results of operations for the first fiscal six months of 2013 are as follows:

· total revenues were $1.85 billion, an increase of $63.6 million from a year ago;

· gross profit, as a percent of sales, decreased to 35.0% from 37.4% a year ago;

· operating income was $27.7 million, a decrease of $34.2 million from a year ago; and

· diluted loss per share was $0.04, compared with diluted earnings per share of $0.09 from a year ago.

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Restructuring

We continue to review our domestic retail operations for underperforming locations.  As a result of these reviews, we have decided to close retail locations that no longer provide strategic benefits.  During the first fiscal six months of 2013, we decided to close 120 underperforming domestic retail locations throughout 2013 and 2014 in addition to the 50 store closings announced in the fiscal quarter ended December 31, 2012.  We expect to operate a smaller and more productive chain of domestic locations, with outlet stores comprising a significantly higher percentage of the overall retail portfolio.  We will continue to critically assess individual store profitability, including consideration of converting certain locations to brands that offer the greatest opportunity for revenue growth.

During the first fiscal six months of 2013 and 2012, we closed 40 and 70 locations, respectively, under this plan.  Total termination benefits and associated employee costs for all locations closed since 2009 and identified to be closed are expected to be $14.2 million for approximately 2,950 employees, including both store employees and administrative support personnel.  We accrued $3.2 million and $1.9 million of termination benefits and associated employee costs during the first fiscal six months of 2013 and 2012, respectively.  In connection with our decision to close these locations, we reviewed the associated long-term assets for impairments.  As a result of these reviews, we recorded $6.0 million and $0.4 million of impairment losses in the first fiscal six months of 2013 and 2012, respectively, on leasehold improvements and furniture and fixtures located in the locations to be closed.  These costs are reported as selling, general and administrative ("SG&A") expenses in the domestic retail segment.

During the first fiscal six months of 2013, we implemented actions to reduce costs in certain selling, supply chain and corporate back office functions (primarily through headcount reductions) and to optimize our wholesale sportswear channel by streamlining our structure to support a brand-focused organization, including the consolidation of certain production, design and selling divisions and consolidation of distribution and supply chain facilities.  Total termination benefits and associated employee costs identified as of July 6, 2013 are expected to be $4.3 million for approximately 100 employees.  We recorded $4.2 million of employee termination costs in the fiscal six months ended July 6, 2013.  The remaining $0.1 million will be accrued on a straight-line basis over the remaining period each affected employee is required to render service to receive the benefit.  These costs are reported as SG&A expenses and affect all of our reportable segments.

Critical Accounting Policies

Several of our accounting policies involve significant or complex judgments and uncertainties and require us to make certain critical accounting estimates.  We consider an accounting estimate to be critical if it requires us to make assumptions that are subjective in nature or are about matters that were highly uncertain at the time the estimate was made.  The estimates with the greatest potential effect on our results of operations and financial position include the collectibility of accounts receivable, the recovery value of obsolete or overstocked inventory and the fair values of goodwill and intangible assets with indefinite lives.  Estimates related to accounts receivable and inventory affect all of our segments.  Estimates related to goodwill affect our domestic wholesale sportswear, international wholesale and international retail segments.  Estimates related to intangible assets with indefinite lives affect our domestic footwear and accessories, international wholesale, international retail, and licensing, other and eliminations segments.

For accounts receivable, we estimate the net collectibility, considering both historical and anticipated trends of trade discounts and co-op advertising deductions taken by our customers, allowances we provide to our retail customers to flow goods through the retail channels, and the possibility of non-collection due to the financial position of our customers.  For inventory, we estimate the amount of goods that we will not be able to sell in the normal course of business and write down the value of these goods to the recovery value expected to be realized through off-price channels.  Historically, actual results in these areas have not been materially different than our estimates, and we do not anticipate that our estimates and assumptions are likely to materially change in the future.  However, if we incorrectly anticipate trends or unexpected events occur, our results of operations could be materially affected.

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Goodwill represents the excess of the purchase price and related costs over the value assigned to net tangible and identifiable intangible assets of businesses acquired.  Accounting rules generally require that we test at least annually for possible goodwill impairment.  We test our goodwill and our intangible assets with indefinite lives for impairment on an annual basis (during our fourth fiscal quarter) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of an asset below its carrying value.  We test goodwill at the segment level where acquired businesses have been fully integrated into our existing structure and at one level below the segment level where acquired businesses have not been fully integrated.

We test both our goodwill and our trademarks for impairment by utilizing discounted cash flow models to estimate their fair values.  These cash flow models involve several assumptions.  Changes in our assumptions could materially impact our fair value estimates.  Assumptions critical to our fair value estimates are: (i) discount rates used to derive the present value factors used in determining the fair value of the reporting units and trademarks; (ii) royalty rates used in our trademark valuations; (iii) projected average revenue growth rates used in the models; and (iv) projected long-term growth rates used in the derivation of terminal year values.  These and other assumptions are impacted by economic and market conditions as well as expectations of management and may change in the future based on period-specific facts and circumstances.

Results of Operations

Statements of Operations Stated in Dollars and as a Percentage of Total Revenues

(In millions)	Fiscal Quarter Ended									Fiscal Six Months Ended
	July 6, 2013					June 30, 2012				July 6, 2013					June 30, 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
Selling, general and administrative 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		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	%

Percentage totals may not add due to rounding.

Fiscal Quarter Ended July 6, 2013 Compared with Fiscal Quarter Ended June 30, 2012

Revenues.  Total revenues for the second fiscal quarter of 2013 were $845.6 million, compared with $854.8 million for the second fiscal quarter of 2012, a decrease of 1.1%.  Revenues by segment were as follows:

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(In millions)	Second Fiscal Quarter of 2013		Second Fiscal Quarter of 2012		Increase (Decrease)			Percent Change
Domestic wholesale sportswear	$	133.3	$	174.8	$	(41.5	)		(23.7	)%
Domestic wholesale jeanswear		182.6		151.0		31.6			20.9
Domestic wholesale footwear and accessories		181.6		195.5		(13.9	)		(7.1	)
Domestic retail		148.1		150.6		(2.5	)		(1.7	)
International wholesale		88.7		75.4		13.3			17.6
International retail		101.1		97.3		3.8			3.9
Licensing		10.2		10.2		-			-
Total revenues	$	845.6	$	854.8	$	(9.2	)		(1.1	)%

Domestic wholesale sportswear revenues decreased $41.5 million, primarily due to decreased revenues in our Jones New York and Anne Klein product lines resulting from reduced shipments of both brands to lower-performing retail doors and poor product performance.  Revenues also decreased from the discontinuation of our Joneswear product lines resulting from a change in J.C. Penney's retail strategy.  Revenues in our Evan-Picone product lines decreased due to reduced shipments of suits and moderate sportswear to lower-performing retail doors.

Domestic wholesale jeanswear revenues increased $31.6 million, primarily due to increased shipments of our l.e.i., Gloria Vanderbilt, Jessica Simpson, Nine West Jeans, Erika, Bandolino and private label product lines resulting from positive product performance of both replenishment and fashion product at the retail level across our key customers.

Domestic wholesale footwear and accessories revenues decreased $13.9 million.  Footwear revenues decreased $16.1 million, primarily due to decreased shipments of the following footwear lines: Bandolino due to the exit of a program with a customer in the value channel; Nine West, Anne Klein, Enzo Angiolini, Boutique 9, B Brian Atwood and Joan & David resulting from poor product performance; Mootsies Tootsies due to the decision of a retail customer to exit the brand in 2012; Stuart Weitzman due to our decision to refine our distribution channel; Sam & Libby due to the sale of the trademark in August 2012; and  Jones New York due to our decision to exit the footwear category for that brand in 2012.  Accessories revenues increased $2.2 million, primarily due to increased shipments of our Nine West and Anne Klein handbag lines resulting from positive product performance at the retail level, partially offset by a decrease in shipments of Nine & Co handbags resulting from poor product performance.

Domestic retail revenues decreased $2.5 million.  Net revenue decreases of $6.3 million primarily related to our program to close underperforming locations were partially offset by a 1.8% increase in comparable store sales ($2.7 million)and $1.1 million in sales for new retail stores opened under the Kurt Geiger and Brian Atwood brands.  We began the current quarter with 574 retail locations and had a net decrease of 12 locations to end the quarter with 562 locations, compared with 607 locations at the end of the prior period.  Our comparable e-commerce business sales increased 15.8% ($4.5 million) while our comparable footwear store sales decreased 0.5% ($0.5 million) and our comparable apparel store sales decreased 4.5% ($1.3 million).  Comparable stores are locations (including e-commerce sites) that have been open for a full year, are not scheduled to close in the current period and are not scheduled for a footprint expansion or downsize by more than 25% or relocation to a different street or mall.

International wholesale revenues increased $13.3 million, primarily due to a $5.5 million increase  in our Nine West international business (primarily from shipments to our licensees in Turkey, Canada and the United Arab Emirates), a $4.9 million increase inshipments of our sportswear and jewelry product lines (primarily to Mexico), a $4.4 million increase in shipments of our Stuart Weitzman footwear product line and $0.1 million of other net increases, partially offset by a $1.6 million decrease in our Kurt Geiger business (due to general economic conditions in Western Europe).

International retail revenues increased $3.8 million.  Sales in our Kurt Geiger locations increased $2.9 million, primarily due to new locations and a 1.9% increase in comparable store sales.  Sales in our

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Spanish concession locations increased $1.3 million due to a 24.5% increase in comparable store sales and the expansion of product offerings in the current period.  Sales in our Stuart Weitzman European retail stores increased $0.6 million, primarily due to a 20.9% increase in comparable store sales.  Sales in our Canadian retail locations decreased $1.0 million due to decreases in comparable store sales of 7.3%.  Total comparable store sales for our international retail locations increased 1.9% ($1.6 million).  We began the current quarter with 339 locations and had a net decrease of three locations (including consolidations) to end the quarter with 336 locations, compared with 319 locations at the end of the prior period, with the increase primarily due to new Kurt Geiger and Stuart Weitzman locations.

Licensing revenues did not change from the prior period.

Gross Profit.  The gross profit margins were 35.6% and 38.2% for the second fiscal quarters of 2013 and 2012, respectively.

Domestic wholesale sportswear gross profit margins were 28.4% and 34.6% for the second fiscal quarters of 2013 and 2012, respectively.  The decrease was primarily due to an increase in customer sales allowance assistance, higher levels of sales to off-price retailers and a strategic change to lower selling prices of our Jones New York products to be more competitive with our peers.

Domestic wholesale jeanswear gross profit margins were 24.0% and 24.2% for the second fiscal quarters of 2013 and 2012, respectively.  The decrease was primarily due to the mix of products sold.

Domestic wholesale footwear and accessories gross profit margins were 27.1% and 29.3% for the second fiscal quarters of 2013 and 2012, respectively.  The decrease was primarily due to increased production costs, higher freight costs and higher levels of customer sales allowance assistance in our footwear business, partially offset by an increase in full price sales and lower sales allowance assistance for our jewelry product lines resulting from positive product performance at the retail level.

Domestic retail gross profit margins were 52.0% and 55.3% for the second fiscal quarters of 2013 and 2012, respectively.  The decrease was primarily due to higher levels of promotional activity, partially offset by the mix of products sold.

International wholesale gross profit margins were 31.7% and 31.4% for the second fiscal quarters of 2013 and 2012, respectively.  The increase was primarily due to lower production costs in our Nine West international business, lower customer sales allowance assistance in our Canadian business and the mix of products sold.

International retail gross profit margins were 53.9% and 55.8% for the second fiscal quarters of 2013 and 2012, respectively.  The decrease was primarily due to promotional activity in both our Spanish business and our Kurt Geiger European retail locations, as well as and the mix of products sold.

Selling, General and Administrative Expenses.  SG&A expenses were $289.9 million and $304.5 million in the second fiscal quarters of 2013 and 2012, respectively.

Domestic wholesale sportswear SG&A expenses decreased $4.4 million, primarily due to a $2.4 million reduction in compensation expenses due to a lower headcount and bonus accruals, a $1.2 million decrease in severance expense, a $1.0 million reduction in administrative expenses, a $1.0 million reduction in marketing expenses and $1.0 million of other net decreases.  These decreases were partially offset by a $1.2 million increase in the current period of the acquisition consideration payable related to the acquisition of Moda Nicola International, LLC ("Moda"), compared with a $1.0 million reduction in the prior period due to higher projected sales of Moda.

Domestic wholesale jeanswear SG&A expenses increased $0.1 million, primarily due to a $1.1 million increase in compensation expense due to higher headcount to support revenue growth, partially offset by a $0.9 million decrease in losses recorded related to future costs of leases on buildings we do not currently use and $0.1 million of other net decreases.

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Domestic wholesale footwear and accessories SG&A expenses decreased $10.2 million, primarily due to a net $8.3 million decrease in losses recorded related to future costs of leases on buildings we do not currently use, a $2.2 million reduction in compensation expenses (due to headcount reductions, the transfer of certain positions to our domestic retail and our licensing, other and eliminations segments, as well as reduced pension expense), a $2.0 million decrease in severance expense, a $1.2 million decrease in samples expense and $1.5 million of other net cost decreases, partially offset by a $3.8 million decrease in support costs charged to other business units and a $1.2 million increase in administrative expenses.

Domestic retail SG&A expenses decreased $4.4 million, primarily due toa $3.0 million decrease in support costs from other business units, a net $3.0 million decrease in employee compensation and occupancy costs and $2.0 million of other net cost decreases from operating fewer stores in the current period, partially offset by a $2.6 million increase in operating costs for new retail stores opened under the Kurt Geiger and Brian Atwood brands and a $1.0 million increase in costs related to our e-commerce internet sites.

International wholesale SG&A expenses increased $3.2 million, primarily due to $1.7 million of expenses added as a result of the acquisition of Brian Atwood, a $0.7 million effect of unfavorable exchange rate differences between the U.S. Dollar and Canadian Dollar and $0.8 million of other net increases.

International retail SG&A expenses increased $3.7 million, primarily due to a $3.4 million increase in costs for our Kurt Geiger locations (primarily due to higher employee compensation and concession fees) and a $0.7 million increase in costs for our Stuart Weitzman locations (primarily due to new store locations), offset by $0.4 million of net cost decreases in our other international businesses.

SG&A expenses for the licensing, other and eliminations segment decreased $2.6 million, primarily due to a $2.2 million reduction in compensation expenses, a $1.0 million effect of favorable exchange rate differences between the U.S. Dollar and the British Pound and Canadian Dollar, primarily related to intercompany balances, and $0.1 million of other net decreases, partially offset by a $0.7 million increase in professional fees.

Operating Income.  The resulting operating income for the second fiscal quarter of 2013 was $10.8 million, compared with $21.7 million for the second fiscal quarter of 2012, due to the factors described above.

Net Interest Expense. Net interest expense increased $6.6 million, primarily due to a $4.2 million decrease in interest expense in the prior period related to the Stuart Weitzman Holdings, LLC ("SWH") acquisition consideration liability, a $1.7 million increase resulting from the issuance of the additional $100 million of our 6.875% Senior Notes Due 2019 on September 25, 2012 (the "2019 Notes"), a net $0.6 million increase in interest expense related to the effects of our previous interest rate swaps and $0.1 million in other net increases.

Income Taxes.  The effective income tax rate was 37.0% for the second fiscal quarters of both 2013 and 2012.

Net (Loss) Income and (Loss) Earnings Per Share.  Net loss was $3.2 million in the second fiscal quarter of 2013, compared with net income of $8.4 million in the second fiscal quarter of 2012.  Diluted loss per share for the second fiscal quarter of 2013 was $0.05, compared with diluted earnings per share of $0.10 for the second fiscal quarter of 2012, with 3.8% fewer diluted shares outstanding.

Fiscal Six Months Ended July 6, 2013 Compared with Fiscal Six Months Ended June 30, 2012

Revenues.  Total revenues for the first fiscal six months of 2013 were $1.85 billion, compared with $1.79 billion for the first fiscal six months of 2012, an increase of 3.6%.  Revenues by segment were as follows:

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(In millions)	First Fiscal Six Months of 2013		First Fiscal Six Months of 2012		Increase (Decrease)			Percent Change
Domestic wholesale sportswear	$	349.9	$	408.4	$	(58.5	)		(14.3	)%
Domestic wholesale jeanswear		439.1		335.8		103.3			30.8
Domestic wholesale footwear and accessories		422.9		421.3		1.6			0.4
Domestic retail		274.2		278.7		(4.5	)		(1.6	)
International wholesale		162.0		148.8		13.2			8.9
International retail		185.3		175.2		10.1			5.8
Licensing		20.9		22.5		(1.6	)		(7.1	)
Total revenues	$	1,854.3	$	1,790.7	$	63.6			3.6	%

Domestic wholesale sportswear revenues decreased $58.5 million, primarily due to decreased revenues in our Jones New York and Anne Klein product lines resulting from reduced shipments of both brands to lower-performing retail doors and poor product performance.  Revenues also decreased from the discontinuation of our Joneswear product lines resulting from a change in J.C. Penney's retail strategy.  Revenues in our Evan-Picone product lines decreased due to reduced shipments of suits and moderate sportswear to lower-performing retail doors.

Domestic wholesale jeanswear revenues increased $103.3 million, primarily due to increased shipments of our l.e.i., Gloria Vanderbilt, Nine West Jeans, Jessica Simpson, Bandolino, Erika and private label product lines resulting from positive product performance of both replenishment and fashion product at the retail level across our key customers.

Domestic wholesale footwear and accessories revenues increased $1.6 million.  Footwear revenues decreased $5.9 million, primarily due to decreased shipments of the following footwear lines: Bandolino due to the exit of a program with a customer in the value channel; Stuart Weitzman due to our decision to refine our distribution channel; Mootsies Tootsies due to the decision of a retail customer to exit the brand in 2012; Sam & Libby due to the sale of the trademark in August 2012; and Enzo Angiolini, Boutique 9, B Brian Atwood and Joan & David resulting from poor product performance.  These decreases were partially offset by increased sales of our Nine West and Anne Klein footwear lines resulting from strong performance in the value channel, and shipments of our Cloud 9 and Rachel Roy footwear lines, which launched in Fall 2012.  Accessories revenues increased $7.5 million, primarily due to increased shipments of our Nine West and Anne Klein handbag lines and our Nine West and Judith Jack jewelry lines resulting from positive product performance at the retail level, partially offset by a decrease in shipments of Nine & Co handbags resulting from poor product performance.

Domestic retail revenues decreased $4.5 million.  Revenue decreases were primarily the result of a net $14.3 million reduction related to our program to close underperforming locations and a 0.2% decrease in comparable store sales ($0.5 million).  These decreases were partially offset by $7.4 million in sales for the additional sales days and $2.9 million in sales for new retail stores opened under the Kurt Geiger and Brian Atwood brands.  We began the current period with 594 retail locations and had a net decrease of 32 locations to end the six months with 562 locations, compared with 607 locations at the end of the prior period.  Our comparable apparel store sales decreased 8.8% ($4.6 million), our comparable footwear store sales decreased 2.0% ($3.2 million) and our comparable e-commerce business sales increased 16.7% ($7.3 million).

International wholesale revenues increased $13.2 million, primarily due to a $6.2 million increase inshipments of our sportswear and jewelry product lines (primarily to Mexico), a $3.0 million increase in shipments of our Stuart Weitzman footwear product line, a $2.4 million increase in our Canadian wholesale business (resulting from positive product performance at retail), $2.0 million of sales of the acquired Brian Atwood product line and $0.5 million of other net increases, partially offset by a $0.9 million decrease in our Kurt Geiger business (due largely to general economic conditions in Western Europe).

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International retail revenues increased $10.1 million, primarily due to $6.3 million in sales for the additional sales days.  Sales in our Kurt Geiger locations increased $9.8 million due to new locations, the additional sales days ($5.5 million), a 1.2% increase in comparable store sales and an aggressive sales program to liquidate excess inventory.  Sales in our Stuart Weitzman European retail stores increased $1.1 million, primarily due to an 11.3% increase in comparable store sales and the additional sales days ($0.2 million).  Sales in our Spanish concession locations increased $0.6 million due to the additional sales days ($0.3 million), a 3.5% increase in comparable store sales and the expansion of product offerings in the current period.  Sales in our Canadian retail locations decreased $1.4 million due to decreases in comparable store sales of 9.5%, partially offset by sales for the additional sales days ($0.3 million).  Total comparable store sales for our international retail locations increased 0.2% ($0.3 million).  We began the current period with 341 locations and had a net decrease of five locations (including consolidations) to end the period with 336 locations, compared with 319 locations at the end of the prior period, with the increase primarily due to new Kurt Geiger and Stuart Weitzman locations.

Licensing revenues decreased $1.6 million, primarily due to decreased sales volume of our licensees in certain segments of our licensed business and the effect of the discontinuance of the Anne Klein New York label on our international licensees.

Gross Profit.  The gross profit margins were 35.0% and 37.4% for the first fiscal six months of 2013 and 2012, respectively.

Domestic wholesale sportswear gross profit margins were 30.0% and 34.8% for the first fiscal six months of 2013 and 2012, respectively.  The decrease was primarily due to an increase in customer sales allowance assistance, higher levels of sales to off-price retailers and a strategic change to lower selling prices of our Jones New York products to be more competitive with our peers.

Domestic wholesale jeanswear gross profit margins were 25.2% and 25.3% for the first fiscal six months of 2013 and 2012, respectively.  The decrease was primarily due to the mix of products sold.

Domestic wholesale footwear and accessories gross profit margins were 29.1% and 30.4% for the first fiscal six months of 2013 and 2012, respectively.  The decrease was primarily due to increased production costs, higher freight costs and higher levels of customer sales allowance assistance in our footwear business and increased sales of our Stuart Weitzman product line to off-price retailers, partially offset by an increase in full price sales and lower sales allowance assistance for our jewelry product lines resulting from positive product performance at the retail level.

Domestic retail gross profit margins were 50.6% and 53.0% for the first fiscal six months of 2013 and 2012, respectively.  The decrease was primarily due to higher levels of promotional activity, increased freight costs and increased sales of our Stuart Weitzman product line to off-price retailers, partially offset by the mix of products sold.

International wholesale gross profit margins were 32.6% and 32.5% for the first fiscal six months of 2013 and 2012, respectively.  The increase was primarily due to lower production costs in our Nine West international business, lower customer sales allowance assistance in our Canadian business and the mix of products sold, partially offset by higher levels of sales of our Kurt Geiger product lines to off-price retailers.

International retail gross profit margins were 52.9% and 54.7% for the first fiscal six months of 2013 and 2012, respectively.  The decrease was primarily due to promotional activity in both our Spanish business and our Kurt Geiger European retail locations as well as cold weather, which dampened the sales of the full-priced spring season products, and the mix of products sold.

Selling, General and Administrative Expenses.  SG&A expenses were $621.3 million and $607.7 million in the first fiscal six months of 2013 and 2012, respectively.

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Domestic wholesale sportswear SG&A expenses decreased $6.1 million, primarily due to a $3.6 million decrease in severance expense, a $2.6 million reduction in compensation expenses due to a lower headcount and lower bonus accruals, a $2.3 million decrease in administrative expenses, a $1.1 million decrease in distribution expenses due to a decrease in units shipped and $1.4 million of other net decreases.  These decreases were partially offset by a $0.8 million increase in the current period of the acquisition consideration payable related to the acquisition of Moda, compared with a $4.1 million reduction in the prior period due to higher projected sales of Moda.

Domestic wholesale jeanswear SG&A expenses increased $0.5 million, primarily due to a $2.0 million increase in compensation expense due to higher headcount to support revenue growth, a $1.8 million increase in distribution expenses driven by increased sales volume, and a $0.7 million increase in royalties associated with the growth of the Jessica Simpson brand.  These increases were partially offset by a $1.2 million decrease in marketing and advertising expenses, a $1.1 million decrease in administrative expenses, a $0.8 million decrease in losses recorded related to future costs of leases on buildings we do not currently use and $0.9 million of other net cost decreases.

Domestic wholesale footwear and accessories SG&A expenses decreased $10.4 million, primarily due to a net $8.3 million decrease in losses recorded related to future costs of leases on buildings we do not currently use, a $4.0 million reduction in compensation expenses (due to headcount reductions, the transfer of certain positions to our domestic retail and our licensing, other and eliminations segments, as well as reduced pension expense), a $2.8 million decrease in severance expense, a $2.2 million decrease in occupancy and depreciation expenses and $1.9 million of other net cost decreases.  These decreases were partially offset by a $6.3 million decrease in support costs charged to other business units and a $2.5 million increase in administrative expenses.

Domestic retail SG&A expenses increased $5.7 million, primarily due to a $5.6 million increase in store-related asset impairment charges compared with the prior period, a $5.5 million increase in operating costs for new retail stores opened under the Kurt Geiger and Brian Atwood brands and a $1.8 million increase in costs related to our e-commerce internet sites.  These increases were partially offset by a $4.8 million decrease in support costs from other business units, a net $1.9 million decrease in employee compensation and occupancy costs and $0.5 million of other net cost decreases from operating fewer stores in the current period.

International wholesale SG&A expenses increased $7.5 million, primarily due to $3.5 million of expenses added as a result of the acquisition of Brian Atwood, a $1.6 million write-off of assets due to the closing of a Stuart Weitzman showroom, a $1.2 million increase in costs related to our Mexican business, a $0.8 million effect of unfavorable exchange rate differences between the U.S. Dollar and the Euro and $1.1 million of other net increases.  These increases were offset by a $0.7 million decrease in our Nine West international business, primarily due to lower costs for services provided by other business units.

International retail SG&A expenses increased $8.8 million, primarily due to a $7.2 million increase in costs for our Kurt Geiger locations (primarily due to higher employee compensation and concession fees), a $1.3 million increase in costs for our Stuart Weitzman locations (primarily due to new store locations) and $0.3 million of net cost increases in our other international businesses.

SG&A expenses for the licensing, other and eliminations segment increased $7.6 million, primarily due to a $7.3 million effect of unfavorable exchange rate differences between the U.S. Dollar and the British Pound and Canadian Dollar (primarily related to intercompany balances) a $0.9 million increase in professional fees and $0.7 million in other net increases, partially offset by a $1.3 million reduction in compensation expenses.

Operating Income.  The resulting operating income for the first fiscal six months of 2013 was $27.7 million, compared with $61.9 million for the first fiscal six months of 2012, due to the factors described above.

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Net Interest Expense. Net interest expense decreased $20.0 million, primarily due to a $23.9 million decrease in interest expense related to the SWH acquisition consideration liability and a net $1.0 million decrease in interest expense related to our interest rate swaps and cap.  These decreases were partially offset by a $3.5 million increase resulting from the issuance of the additional $100 million of our 2019 Notes, $0.8 million of interest on our outstanding notes due to the five additional days in the current period and $0.6 million in other net increases.

Income Taxes.  The effective income tax rate was 37.0% for the first fiscal six months of both 2013 and 2012.

Net (Loss) Income and (Loss) Earnings Per Share.  Net loss was $2.3 million in the first fiscal six months of 2013, compared with net income of $7.4 million in the first fiscal six months of 2012.  Diluted loss per share for the first fiscal six months of 2013 was $0.04, compared with diluted earnings per share of $0.09 for the first fiscal six months of 2012, with 5.5% fewer diluted shares outstanding.

Liquidity and Capital Resources

Our principal capital requirements have been for working capital needs, capital expenditures, dividend payments, acquisition funding and repurchases of our common stock on the open market.  We have historically relied on internally generated funds, trade credit, bank borrowings and the issuance of notes to finance our operations.  We currently fund our operations primarily through cash generated by operating activities, and rely on our revolving credit facility for the issuance of trade letters of credit for the purchases of inventory and for cash borrowings as needed.  As of July 6, 2013, total cash and cash equivalents were $81.0 million, a decrease of $68.6 million from the $149.6 million reported as of December 31, 2012.

Cash flows from operating activities provided $1.8 million and $124.0 million in the first fiscal six months of 2013 and 2012, respectively.  The change from the prior period was primarily due to changes in working capital.  Accounts receivable decreased more in the current period primarily due to lower wholesale shipments and the timing of cash collections in the current period.  Inventories increased in the current period compared with a decrease in the prior period due to the timing of inventory receipts, higher levels of replenishment inventory and higher levels of jeanswear and Stuart Weitzman footwear inventory to meet projected shipments for the remainder of 2013.  Acquisition consideration liabilities also decreased in the current period due to the payment of substantially all of the remaining amounts due to SWH.  We also received $12.2 million from a lessor in the prior period to be used towards leasehold improvements to certain leased showrooms and offices.

Cash flows from investing activities used $35.9 million and $41.8 million in the first fiscal six months of 2013 and 2012, respectively, primarily for purchases of property and equipment in both periods.

Cash flows from financing activities used $33.5 million and $43.7 million in the first fiscal six months of 2013 and 2012, respectively, primarily for repurchases of our common stock, the payment of dividends and payments of acquisition consideration liabilities in each period.

We repurchased 1.1 million shares of our common stock for $14.5 million on the open market during the first fiscal six months 2013 and 3.0 million shares of our common stock for $29.0 million on the open market during the first fiscal six months 2012.  As of July 6, 2013, $156.9 million of Board authorized repurchases was still available.  We may make additional share repurchases in the future depending on, among other things, market conditions and our financial condition.

We have a secured revolving credit agreement expiring on April 28, 2016 (the "Credit Facility") with several lending institutions to borrow an aggregate principal amount of up to $650 million.  The terms and conditions of our Credit Facility provide for, among other things: (1) a $350 million U.S. commitment which may be drawn by the U.S. borrowers as revolving loans in U.S. Dollars or letters of credit in Canadian Dollars, U.S. Dollars, or an "LC Alternative Currency" (namely Euros, sterling, or any other currency acceptable to the lenders); and (2) a $300 million international commitment which may be drawn by the U.S. borrowers or by any Canadian or European borrowers as revolving loans or letters of

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credit in Canadian Dollars, U.S. Dollars, or an LC Alternative Currency.  Up to the entire amount of the Credit Facility is available for cash borrowings, with an overall sublimit of up to $350 million for all letters of credit.  All of the overall $350 million sublimit may be used for trade letters of credit; and within that overall sublimit, there are additional sublimits, including (but not limited to) $50 million for standby letters of credit and $150 million for letters of credit under the U.S. commitment denominated in an LC Alternative Currency.

        Borrowings under the Credit Facility may be used to refinance certain existing indebtedness, to make certain investments (including acquisitions), and for general corporate purposes in the ordinary course of business.  Such borrowings bear interest either based on the alternate base rate, as defined in the Credit Facility, or based on Eurocurrency rates, each with a margin that depends on the availability remaining under the Credit Facility.  The Credit Facility contains customary events of default.

        Availability under the Credit Facility is determined with reference to a borrowing base consisting of a percentage of eligible inventory, accounts receivable, credit card receivables and licensee receivables, minus reserves determined by the joint collateral agents.  At July 6, 2013, we had no cash borrowings and $16.4 million of letters of credit outstanding, and our remaining availability was $398.5 million.  If availability under the Credit Facility falls below a stated level, we will be required to comply with a minimum fixed charge coverage ratio.  The Credit Facility also contains affirmative and negative covenants that, among other things, will limit or restrict our ability to (1) incur indebtedness, (2) create liens, (3) merge, consolidate, liquidate or dissolve, (4) make investments (including acquisitions), loans or advances, (5) sell assets, (6) enter into sale and leaseback transactions, (7) enter into swap agreements, (8) make certain restricted payments (including dividends and other payments in respect of capital stock), (9) enter into transactions with affiliates, (10) enter into restrictive agreements, and (11) amend material documents.  The Credit Facility is secured by a first priority lien on substantially all of our personal property.

On June 18, 2013, Moody's Investors Service lowered our Corporate Family Rating to Ba3 from Ba2 and the ratings assigned to our senior unsecured notes to B1 from Ba3.

On July 31, 2013, we announced that our Board of Directors had declared a 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.

Economic Outlook

The uncertain economic and political environments have resulted in fluctuating consumer confidence.  Fluctuating energy, gasoline and other prices are impacting consumers' discretionary income.  This may lead to reduced consumer spending, which could affect our net sales and our future profitability.  Our recent acquisitions have increased our presence within the European Union, where the current highly uncertain economic and political conditions may lead to reduced consumer spending in those countries as well.

Reduced consumer spending, combined with rising costs related to changes in foreign exchange rates, increasing labor costs (primarily in Asia), commodity prices and increasing transportation costs, may reduce our gross profit margins from present levels.  We may be limited in our ability to compensate for a loss of revenues or increase our selling prices to offset rising costs.  Should the consumer not accept higher retail prices for our products, these rising costs would have a material adverse effect on our business.

Our products are manufactured in many foreign countries, including China, Brazil, Spain and Italy.  Due to the current and expected future economic relationship between the United States and China, we may experience increased risk related to changes in foreign currency exchange rates should China allow the Yuan to continue to rise in value against the Dollar.  We may also experience increased risk related to changes in foreign currency rates between the Euro, British Pound and the Dollar due to economic conditions in Europe.  Should unfavorable movements in foreign exchange rates occur, increased production costs for our goods manufactured in China, Brazil, Spain and Italy could result.

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When adverse economic conditions exist in the United States or abroad, we may experience increased risk related to the collectibility of our accounts receivable, and we may increase our provision for doubtful accounts in the future should any of our wholesale customers, international distributors or licensees experience significant financial difficulties.  If such conditions lead to defaults that are individually or cumulatively significant, we could experience a material adverse impact on our financial condition, results of operations and/or liquidity.  A significant portion of our international wholesale business involves sales to a small number of distributors and licensees, which increases our accounts receivable risk in these areas.

The economic turmoil in the credit markets over the past several years and the negative effects of the economic environment on our business may negatively impact our ability to borrow funds in the future.  However, we believe that available cash and cash equivalents, funds generated by operations and the Credit Facility will provide the financial resources sufficient to meet our foreseeable working capital, dividend, capital expenditure and stock repurchase requirements and fund our contractual obligations and our acquisition liabilities and commitments.  Although there can be no assurances, we believe that the participating banks will be willing and able to loan funds to us in accordance with their legal obligations under the Credit Facility.

New Accounting Standards

In March 2013, the FASB issued ASU 2013-05, "Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity."  ASU 2013-05 requires an entity to release any related cumulative translation adjustment into net income when it ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.  For an equity method investment that is a foreign entity, a pro rata portion of the cumulative translation adjustment should be released into net income upon a partial sale of such an equity method investment.  Additionally, the amendments clarify that the sale of an investment in a foreign entity includes both (1) events that result in the loss of a controlling financial interest in a foreign entity (that is, irrespective of any retained investment) and (2) events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date (sometimes also referred to as a step acquisition).  Accordingly, the cumulative translation adjustment should be released into net income upon the occurrence of those events.  For public entities, the amendments are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013.  Early adoption is permitted.  If an entity elects to early adopt the amendments, it should apply them as of the beginning of the entity's fiscal year of adoption.  The adoption of ASU 2013-05 will not have a material impact on our results of operations or our financial position.

In July 2013, the FASB issued ASU 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists."  ASU 2013-11 requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows.  To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets.  The amendments in this Update are effective for fiscal years (and interim periods within those years) beginning after December 15, 2013.  The adoption of ASU 2013-11 will not have a material impact on our results of operations or our financial position.

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Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Market Risk Sensitive Instruments

We are exposed to the impact of interest rate changes, foreign currency fluctuations, and changes in the market value of our fixed rate long-term debt.  We manage this exposure through regular operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments.  Our policy allows the use of derivative financial instruments for identifiable market risk exposures, including interest rate and foreign currency fluctuations.  We do not enter into derivative financial contracts for trading or other speculative purposes.  The following quantitative disclosures were derived using quoted market prices, yields and theoretical pricing models obtained through independent pricing sources for the same or similar types of financial instruments, taking into consideration the underlying terms, such as the coupon rate, term to maturity and imbedded call options.  Certain items such as lease contracts, insurance contracts, and obligations for pension and other post-retirement benefits were not included in the analysis.  For further information see "Derivatives" and "Financial Instruments" in the Notes to Consolidated Financial Statements.

Interest Rates

Our primary interest rate exposures relate to the fair value of our fixed rate long-term debt and interest expense related to our revolving credit facility.

At July 6, 2013, the fair value of our fixed rate debt was $885.8 million.  On that date, the potential decrease in fair value of our fixed rate long-term debt instruments resulting from a hypothetical 10% adverse change in interest rates was approximately $80.5 million.

Our primary interest rate exposures on variable rate credit facilities are with respect to United States and Canadian short-term rates.  Cash borrowings under these facilities bear interest at rates that vary with changes in prevailing market rates.  At July 6, 2013, we had $650.0 million in variable rate credit facilities, under which no cash borrowings and $16.4 million of letters of credit were outstanding.

At July 6, 2013, we had an outstanding interest rate cap that was used in conjunction with the interest rate swaps on our $250 million 5.125% Senior Notes due 2014 to limit our floating rate exposure.  The cap limits our three-month LIBOR rate exposure to 5.0%.  The cap has a termination date of November 15, 2014.  At July 6, 2013, the fair value of the interest rate cap was an asset of less than $0.1 million.

Foreign Currency Exchange Rates

We are exposed to market risk related to changes in foreign currency exchange rates.  Our products are primarily purchased from foreign manufacturers in pre-set United States Dollar prices, although we also purchase certain products in Euros and Pounds.  We also have assets, liabilities and intercompany accounts denominated in certain foreign currencies that generate exchange gains and losses as exchange rates change.  To date, we generally have not been materially adversely affected by fluctuations in exchange rates.

At July 6, 2013, we had outstanding foreign exchange contracts to exchange Canadian Dollars for a total notional value of US$9.7 million at a weighted-average exchange rate of 0.994 maturing through November 2013 and to exchange £6.0 million for U.S. Dollars at an exchange rate of 1.623 maturing through December 2013.  The fair value of these contracts at July 6, 2013 was a net unrealized gain of $1.4 million.  We believe that these financial instruments should not subject us to undue risk due to foreign exchange movements, because gains and losses on these contracts should offset losses and gains on the assets, liabilities, and transactions being hedged.  We are exposed to credit-related losses if the counterparty to a financial instrument fails to perform its obligation.  However, we do not expect the counterparties, which presently have high credit ratings, to fail to meet their obligations.

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Item 4.  Controls and Procedures

As required by Exchange Act Rule 13a-15(b), we carried out an evaluation, under the supervision and with the participation of our Chief Executive Officer and our Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this report.  Based upon this evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that both our disclosure controls and procedures and our internal controls and procedures are designed to provide and are effective in providing reasonable assurance in timely alerting them to material information required to be included in our periodic SEC filings and ensuring that information required to be disclosed by us in these periodic filings is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms and that our internal controls are effective in ensuring that our financial statements are fairly presented in conformity with generally accepted accounting principles.

We have made changes to our internal controls and procedures over financial reporting to address the implementation of SAP, an enterprise resource planning ("ERP") system.  SAP will integrate our operational and financial systems and expand the functionality of our financial reporting processes.  We began the process of implementing SAP throughout The Jones Group Inc. and our consolidated subsidiaries during the fourth quarter of 2006.  During the second fiscal quarter of 2013, no additional businesses were converted to this system.  We have adequately controlled the transition to the new processes and controls, with no negative impact to our internal control environment.  We expect to continue the implementation of this system to all locations over a multi-year period.  As the phased implementation occurs, we will experience changes in internal control over financial reporting.  We expect this ERP system to further advance our control environment by automating manual processes, improving management visibility and standardizing processes as its full capabilities are utilized.

PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

We have been named as a defendant in various actions and proceedings arising from our ordinary business activities.  Although the amount of any liability that could arise with respect to these actions cannot be accurately predicted, in our opinion, any such liability will not have a material adverse financial effect on us.

Item 2.  Issuer Purchase of Equity Securities

The following table sets forth the repurchases of our common stock for the fiscal quarter ended July 6, 2013.

Issuer Purchases of Equity Securities

Period	(a) Total Number of Shares (or Units) Purchased	(b) Average Price Paid per Share (or Unit)	(c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs	(d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
April 7, 2013 to May 4, 2013	-	-	-	$162,395,250
May 5, 2013 to June 1, 2013	33,950	$14.73	33,950	$161,895,272
June 2, 2013 to July 6, 2013	347,368	$14.39	347,368	$156,896,870
Total	381,318	$14.42	381,318	$156,896,870

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The purchases were made under a program announced on September 6, 2007 for $500.0 million.  This program has no expiration date.  We also withheld 27,910 shares during the second fiscal quarter of 2013 to cover withholding taxes on the vesting of employee restricted stock.

Item 5.  Other Information

STATEMENT REGARDING FORWARD-LOOKING DISCLOSURE

This Report includes, and incorporates by reference, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements regarding our 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 our expectations or beliefs concerning future events that involve risks and uncertainties, including:

· those associated with the effect of national, regional and international economic conditions;

· lowered levels of consumer spending resulting from a general economic downturn or lower levels of consumer confidence;

· the tightening of the credit markets and our ability to obtain capital on satisfactory terms;

· given the uncertain economic environment, the possible unwillingness of committed lenders to meet their obligations to lend to borrowers, in general;

· the performance of our products within the prevailing retail environment;

· customer acceptance of both new designs and newly-introduced product lines;

· our reliance on a few department store groups for large portions of our business;

· our ability to identify acquisition candidates and, in a competitive environment for such acquisitions, acquire such businesses on reasonable financial and other terms;

· the integration of the organizations and operations of any acquired business into our existing organization and operations;

· consolidation of our retail customers;

· financial difficulties encountered by our customers;

· the effects of vigorous competition in the markets in which we operate;

· our ability to attract and retain qualified executives and other key personnel;

· our reliance on independent foreign manufacturers, including political instability in countries where contractors and suppliers are located;

· changes in the costs of raw materials, labor, advertising and transportation, including the impact such changes may have on the pricing of our products and the resulting impact on consumer acceptance of our products at higher price points;

· our ability to successfully implement new operational and financial information systems;

· our ability to secure and protect trademarks and other intellectual property rights;

· the effects of extreme or unseasonable weather conditions; and

· our ability to implement our strategic initiatives to enhance profitability.

All statements other than statements of historical facts included in this Report, including, without limitation, the statements under "Management's Discussion and Analysis of Financial Condition and Results of Operations," are forward-looking statements.  Although we believe that the expectations reflected in such forward-looking statements are reasonable, such expectations may prove to be incorrect.  Important factors that could cause actual results to differ materially from our expectations ("Cautionary Statements") are disclosed in this Report in conjunction with the forward-looking statements.  All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the Cautionary Statements.  We do not undertake to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise.

Item 6.  Exhibits

    See Exhibit Index.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

THE JONES GROUP INC.

(Registrant)

Date: August 2, 2013

By          /s/ Wesley R. Card

WESLEY R. CARD

Chief Executive Officer

By         /s/ John T. McClain

JOHN T. McCLAIN

Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.	Description of Exhibit
10.1*	The Jones Group Inc. Severance Plan, as amended, and Summary Plan Description.†
31*	Certifications of Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32♦	Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS*	XBRL Instance Document.
101.SCH*	XBRL Taxonomy Extension Schema.
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase.
101.DEF*	XBRL Taxonomy Extension Definition Linkbase.
101.LAB*	XBRL Taxonomy Extension Label Linkbase.
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase.

____________________

*Filed herewith.

♦ Furnished herewith.

† Management contract or compensatory plan or arrangement.

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EX-10

EXHIBIT 10.1

THE JONES GROUP INC.
SEVERANCE PLAN AND
SUMMARY PLAN DESCRIPTION

Effective May 31, 2006
(Amended as of June 25, 2013)

PURPOSE OF THE PLAN

The purpose of the The Jones Group Inc. Severance Plan ("Plan") is to provide severance benefits to eligible employees whose employment with The Jones Group Inc. (the "Company") and all U.S. domestic Subsidiaries and Affiliates of the Company is terminated involuntarily under the conditions described below.

Except as otherwise provided herein or by the Company in writing after the effective date hereof, this Plan (i) is the sole arrangement of the Company regarding Severance-type benefits to eligible employees and (ii) replaces and supersedes all prior plans, programs, understandings and arrangements providing Severance-type benefits to eligible employees.

Notwithstanding anything to the contrary in this Plan, if an employee is eligible for Severance-type benefits under an employment or other written agreement with the Employer providing for Severance-type benefits ("Alternative Benefits"), such employee shall remain and be eligible for those benefits; provided, that if the amount of Severance-type benefits to which an employee may be entitled under such agreement providing for Alternative Benefits would be greater in the aggregate than the benefits which the Employee would otherwise be eligible to receive under this Plan, then the employee shall not receive benefits under this Plan but instead shall be entitled to receive such Alternative Benefits.

This document contains the official text of the Plan.

DEFINITIONS

Affiliate of any person means another person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such first person.

Company means The Jones Group Inc.

Designated Termination Date means the date specified by an Employer as an employee's last day of active work.

1

Employer means the Company and all U.S. Subsidiaries and Affiliates of the Company (which shall include Stuart Weitzman Holdings, LLC and its U.S. Subsidiaries and Affiliates effective January 1, 2013).

Person means an individual, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization or other entity.

Plan Administrator means the Company or such other person or committee appointed from time to time by the Company to administer the Plan.

Severance-type benefits means post-termination compensation under any employment agreement or other written agreement between the Employer and the employee or other plan or arrangement maintained by the Employer, other than compensation that is paid solely as consideration for a covenant not to compete with the Employer.

Subsidiary of any person means another person, an amount of the voting securities, other voting rights or voting partnership interests of which is sufficient to elect at least a majority of its board of directors or other governing body or, if there are no such voting interests, more than 50% of the equity interest of which is owned directly or indirectly by such first person.

WARN means the Worker Adjustment and Retraining Notification Act.

ELIGIBLE EMPLOYEES

The benefits under this Plan are limited to corporate employees, as well as retail employees employed by JAG Footwear, Accessories and Retail Corporation at the level of District Sales Manager or above, in all instances who are classified by an Employer as regular full-time employees or regular part-time employees and whose regular place of employment is within the United States. Notwithstanding anything to the contrary, union employees are not eligible under this Plan.

INVOLUNTARY TERMINATION OF EMPLOYMENT

• Involuntary Termination

An employee will be eligible for severance benefits under this Plan only if the Plan Administrator, in its sole discretion, determines that the employee's employment has been terminated involuntarily for any of the following reasons:

• Reduction in staff or layoff.
• Position elimination.
• Closure of a business unit.
• Organization restructuring.
• Such other circumstances as the Plan Administrator deems appropriate for the payment of severance benefits.

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An employee who terminates employment for any reason prior to his or her Designated Termination Date will not be considered to have terminated employment involuntarily unless (i) his or her Employer provides otherwise in writing, or (ii) he or she has been notified that his or her employment is being terminated due to a reduction in staff or layoff requiring notice under federal or state WARN. Such an employee is, however, required to provide two (2) weeks' prior notice if electing to terminate employment on a date prior to his or her Designated Termination Date.

• Termination of Employment Not Eligible for Severance Benefits

Unless the Company provides otherwise in writing, an employee will not be eligible for severance benefits if the Plan Administrator, in its sole discretion, determines that the employee's employment is terminated for any of the following reasons:

• Resignation or other voluntary termination of employment.
• Failure to return to work upon the expiration of an authorized leave of absence.
• Death or disability.
• Termination for cause or for behavior prejudicial to the Employer, as determined by the Plan Administrator in its sole discretion.
• Termination for gross misconduct or violation of company policy.
• Termination for poor performance.

An employee who terminates employment for any reason prior to his or her Designated Termination Date will not be considered to have terminated employment involuntarily unless (i) his or her Employer provides otherwise in writing, or (ii) he or she has been notified that his or her employment is being terminated due to a reduction in staff or layoff requiring notice under federal or state WARN. Such an employee is, however, required to provide two (2) weeks' prior notice if electing to terminate employment on a date prior to his or her Designated Termination Date.

• Other Employment Offer

Unless the Company provides otherwise in writing, or except as expressly provided in this Plan, an employee will not be eligible to receive benefits under this Plan if the Plan Administrator, in its sole discretion, determines that any of the following events has occurred prior to the employee's Designated Termination Date:

• The employee has been offered, but has refused to accept, a suitable position with the Company or any of its Subsidiaries or Affiliates; OR
• The employee's employment is being terminated in connection with a sale or transfer, merger, establishment of a joint venture, or other corporate transaction, and the employee has been offered a suitable position by the successor employer; OR

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• The employee's employment is being terminated in connection with the "outsourcing" of operational functions and he or she has been offered a suitable position by the outsourcing vendor.

CONDITIONS FOR PAYMENT OF SEVERANCE BENEFITS

An employee who is involuntarily terminated will not receive severance benefits under this Plan unless the Plan Administrator, in its sole discretion, determines that the employee has satisfied all of the following conditions:

• Work Until Last Day Designated

The employee must continue to be actively at work through his or her Designated Termination Date or such earlier date as may be specified by his or her Employer in writing, unless the employee is absent due to vacation, temporary layoff, or an approved absence from work (including leave under the Family and Medical Leave Act).

This section does not apply to employees whose employment is being terminated due to a reduction in force or layoff requiring notice under federal or state WARN. Such employees are required, however, to provide two (2) weeks' prior notice.

• Execution of Release and Other Separation Documents

The employee must execute and deliver to the Company, within the period of time specified by the Company, an agreement in a form satisfactory to the Company containing a general release of claims in favor of the Company and such other terms and provisions as may be determined by the Company in its sole discretion.

• Return of Company Property and Settlement of Expenses

The employee must return all company property and satisfactorily settle all expenses owed to the Company and any of its Subsidiaries or Affiliates.

SEVERANCE BENEFITS

The severance benefits to be provided to an eligible employee will be determined in accordance with the Severance Benefit Guidelines attached to this Plan subject to the reductions set forth below; provided, that the Company has the right, in its sole discretion, and on a case-by case basis, to determine the amount of severance benefits to be provided to an eligible employee.

• Reduction for Other Severance Benefits

In the event that an employee

• is entitled to receive Severance-type benefits under another plan or arrangement maintained by the Employer, or

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• is covered by an employment agreement or other written agreement with the Employer providing for Severance-type benefits,

then the severance benefits payable to the employee under this Plan will be reduced by the amount of Severance-type benefits payable to the employee under such other plan, arrangement or agreement, unless the Company provides otherwise in writing. For the avoidance of doubt, if the Severance-type benefits payable under such other plan, arrangement or agreement are greater in the aggregate than the severance benefits payable to the employee under this Plan, then the employee shall not receive benefits under this Plan, and shall instead receive the Severance-type benefits under such other plan, arrangement or agreement.

REEMPLOYMENT

The following rules apply if an employee is reemployed by the Company or any of its Subsidiaries, Affiliates or successors.

• Right to Terminate Benefits

Notwithstanding anything in this Plan to the contrary, in the event that an employee is reemployed before the completion of the scheduled payment of severance benefits, then an Employer shall have the right to terminate the benefits payable under this Plan at any time.

• Repayment of Severance Pay

In the event that an employee is offered reemployment within thirty (30) days after payment of his or her severance pay has commenced and subsequently accepts reemployment, then the employee shall repay to the Company the full amount of severance pay that he or she has received under this Plan.

RIGHT TO TERMINATE BENEFITS

Notwithstanding anything in this Plan to the contrary, in the event that the Plan Administrator determines that an employee has breached any of the terms and conditions set forth in any agreement executed by the employee as a condition to receiving benefits under this Plan, including, but not limited to, the general release of claims, then the Company shall have the right to terminate the benefits payable under this Plan at any time.

GENERAL RULES

• Right to Withhold Taxes

The Company shall withhold such amounts from payments under this Plan as it determines necessary to fulfill any federal, state, or local wage or compensation withholding requirements.

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• No Right to Continued Employment

Neither the Plan nor any action taken with respect to it shall confer upon any person the right to continue in the employ of the Company or any of its Subsidiaries or Affiliates.

• Benefits Non-Assignable

Benefits under the Plan may not be anticipated, assigned or alienated.

• Unfunded Plan

The Company will make all payments under the Plan, and pay all expenses of the Plan, from its general assets. Nothing contained in this Plan shall give any eligible employee any right, title or interest in any property of the Company or any of its Affiliates nor shall it create any trust relationship.

• Governing Laws and Time Limit for Beginning Legal Actions

The provisions of the Plan shall be construed, administered and enforced according to applicable federal law and, where appropriate, the laws of the State of New York without reference to its conflict of laws rules and without regard to any rule of any jurisdiction that would result in the application of the law of another jurisdiction.

No action relating to this Plan or any release or other agreement entered into with respect to this Plan may be brought later than the earlier of second anniversary of the termination of employment or other event giving rise to the claim.

• Severability

The provisions of the Plan are severable. If any provision of the Plan is deemed legally or factually invalid or unenforceable to any extent or in any application, then the remainder of the provisions of the Plan, except to such extent or in such application, shall not be affected, and each and every provision of the Plan shall be valid and enforceable to the fullest extent and in the broadest application permitted by law.

• Section Headings

Section headings are used herein for convenience of reference only and shall not affect the meaning of any provision of this Plan.

ADMINISTRATION OF THE PLAN

The Plan Administrator shall have sole authority and discretion to administer and construe the terms of this Plan, subject to applicable requirements of law. Without limiting the generality of the foregoing, the Plan Administrator shall have complete discretionary authority to carry out the following powers and duties:

• To make and enforce such rules and regulations as it deems necessary or proper for the efficient administration of the Plan;

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• To interpret the Plan, its interpretation thereof to be final and conclusive on all persons claiming benefits under the Plan;

• To decide all questions, including without limitation, issues of fact, concerning the Plan, including the eligibility of any person to participate in, and receive benefits under, the Plan; and
   
• To appoint such agents, counsel, accountants, consultants and other persons as may be required to assist in administering the Plan.

CLAIMS PROCEDURE

The Plan Administrator reviews and authorizes payment of severance benefits for those employees who qualify under the provisions of the Plan. No claim forms need be submitted. Questions regarding payment of the severance benefits should be directed to Vice President, Benefits or the Plan Administrator.

If an employee feels he or she is not receiving severance benefits which are due, the employee should file a written claim for the benefits with a Vice President in the Human Resources Department. A decision on whether to grant or deny the claim will be made within 90 days following receipt of the claim. If more than 90 days is required to render a decision, the employee will be notified in writing of the reasons for delay. In any event, however, a decision to grant or deny a claim will be made by not later than 180 days following the initial receipt of the claim.

If the claim is denied in whole or in part, the employee will receive a written explanation of the specific reasons for the denial, including a reference to the Plan provisions on which the denial is based.

If the employee wishes to appeal this denial, the employee may write within 60 days after receipt of the notification of denial. The claim will then be reviewed by the Plan Administrator and the employee will receive written notice of the final decision within 60 days after the request for review. If more than 60 days is required to render a decision, the employee will be notified in writing of the reasons for delay before the end of the initial 60 day period. In any event, however, the employee will receive a written notice of the final decision within 120 days after the request for review.

AMENDMENT AND TERMINATION

The Company may amend, modify or terminate this Plan with respect to any employee or group of employees at any time pursuant to a writing executed by any duly authorized officer of the Company. Such amendment, modification or termination will be effective with respect to employees who have not received notice of a Designated Termination Date on the date such amendment is executed.

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STATEMENT OF ERISA RIGHTS

As a participant in this Plan you are entitled to certain rights and protections under the Employee Retirement Income Security Act of 1974 (ERISA). ERISA provides that all plan participants shall be entitled to:

• Receive Information About Your Plan and Benefits

Examine, without charge, at the plan administrator's office and at other specified locations all documents governing the plan and a copy of the latest annual report (Form 5500 Series) required to be filed by the plan with the U.S. Department of Labor and available at the Public Disclosure Room of the Employee Benefits Security Administration.

Obtain, upon written request to the plan administrator, copies of documents governing the operation of the plan and copies of the latest annual report (Form 5500 Series), if any required, and updated summary plan description. The administrator may make a reasonable charge for the copies.

Receive a summary of the plan's annual financial report. The plan administrator is required by law to furnish each participant with a copy of this summary annual report.

• Prudent Actions by Plan Fiduciaries

In addition to creating rights for plan participants ERISA imposes duties upon the people who are responsible for the operation of the employee benefit plan. The people who operate your plan, called "fiduciaries" of the plan, have a duty to do so prudently and in the interest of you and other plan participants and beneficiaries. No one, including your employer, or any other person, may fire you or otherwise discriminate against you in any way to prevent you from obtaining a welfare benefit or exercising your rights under ERISA.

• Enforce Your Rights

If your claim for a severance benefit is denied or ignored, in whole or in part, you have a right to know why this was done, to obtain copies of documents relating to the decision without charge, and to appeal any denial, all within certain time schedules.

Under ERISA, there are steps you can take to enforce the above rights. For instance, if you request a copy of plan documents or the latest annual report from the plan and do not receive them within thirty (30) days, you may file suit in a Federal court. In such a case, the court may require the plan administrator to provide the materials and pay you up to $110 a day until you receive the materials, unless the materials were not sent because of reasons beyond the control of the administrator. If you have a claim for benefits which is denied or ignored, in whole or in part, you may file suit in a state or Federal court. If it should happen that plan fiduciaries misuse the plan's money, or if you are discriminated against for asserting your rights, you may seek assistance from the U.S. Department of Labor, or you may file suit in a Federal court. The court will decide who should pay court costs and legal fees. If you are successful the court may order the

8

person you have sued to pay these costs and fees. If you lose, the court may order you to pay these costs and fees, for example, if it finds your claim is frivolous.

• Assistance with Your Questions

If you have any questions about your plan, you should contact the plan administrator. If you have any questions about this statement or about your rights under ERISA, or if you need assistance in obtaining documents from the plan administrator, you should contact the nearest office of the Pension and Welfare Benefits Administration, U.S. Department of Labor, listed in your telephone directory or the Division of Technical Assistance and Inquiries, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue N.W., Washington, D.C. 20210. You may also obtain certain publications about your rights and responsibilities under ERISA by calling the publications hotline of the Employee Benefits Security Administration.

ADDITIONAL INFORMATION

Plan Sponsor:	The Jones Group Inc. 180 Rittenhouse Circle Keystone Park Bristol, Pennsylvania 19007 (215) 785-4000
Employer Identification Number (EIN):	06-0935166
Plan Name:	The Jones Group Inc. Severance Plan
Type of Plan:	Welfare benefit plan - severance pay
Plan Year:	Calendar year
Plan Number:	550
Plan Administrator:	Chief People Officer The Jones Group Inc. 180 Rittenhouse Circle Keystone Park Bristol, Pennsylvania 19007

Agent for Service of Legal Process: Plan Administrator

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THE JONES GROUP INC. SEVERANCE PLAN
SEVERANCE BENEFIT GUIDELINES

Amended as of April 19, 2012

EMPLOYEES BELOW VICE PRESIDENT

An employee may elect to receive either the severance benefits described in OPTION ONE or OPTION TWO below. The election must be made within the time period, and in accordance with the procedures, specified by the Plan Administrator.

• OPTION ONE - Severance Pay and Payment of Cost for COBRA Coverage

• Severance Pay

Years of Service	Amount of Severance Pay
Less than 20 years	2 weeks of Base Pay for each Year of Service Minimum of 2 weeks of Base Pay Maximum of 26 weeks of Base Pay
20 or more years	52 weeks of Base Pay

The Company shall pay the severance pay in a single lump sum as soon as practicable after the later of the employee's last day of employment or the date on which the employee's separation agreement and general release becomes effective, provided that if the employee satisfies all of the conditions for payment, then in no event will payment be made later than the March 15th of the calendar year following the calendar year in which the employee's last day of employment occurred.

• Continued Group Health Benefit Coverage - Payment of Cost for COBRA Coverage

If the employee elects to continue coverage under the Company's group health benefits plan in accordance with the COBRA continuation coverage requirements, the employee will be required to pay only a portion of the full cost for COBRA coverage during the period equal to the number of weeks used in calculating the amount of the employee's severance pay under this Plan.

• The COBRA coverage cost to be paid by the employee during this severance period will be the same as the amount paid by active employees for the same group health benefits coverage.

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After the end of the severance period, the employee, if eligible, will be required to pay the full cost of COBRA coverage in order to continue COBRA coverage for the remainder of the COBRA coverage period.

• OPTION TWO - Severance Pay ONLY

2 weeks of Base Pay for each Year of Service

• Minimum of 2 weeks of Base Pay
• NO maximum

The Company shall pay the severance pay in a single lump sum as soon as practicable after the later of the employee's last day of employment or the date on which the employee's separation agreement and general release becomes effective, provided that if the employee satisfies all of the conditions for payment, then in no event will payment be made later than the March 15th of the calendar year following the calendar year in which the employee's last day of employment occurred.

• Definitions

For purposes of determining the amount of severance pay -

• Base Paymeans the employee's regular rate of salary (determined on a weekly basis) payable immediately preceding his or her date of termination. Base Pay does not include discretionary bonuses, other variable compensation, or extra pay.
   
• Years of Service means an employee's full and partial years of employment beginning as of the later of (a) his or her most recent date of hire by an Employer or (b) his or her first day of work following a break in service of thirty (30) days or more, until his or her last day of active employment. A partial year of employment will be rounded up to the next highest year.

11

THE JONES GROUP INC. SEVERANCE PLAN
SEVERANCE BENEFIT GUIDELINES

Effective as of May 31, 2006

VICE PRESIDENTS AND ABOVE BUT BELOW
THE LEVEL OF EXECUTIVE VICE PRESIDENT

• Severance Pay

• Amount of Severance Pay

Years of Service	Amount of Severance Pay
Less than 5 years	3 months of Base Pay
5 to 9 years	6 months of Base Pay
10 or more years	12 months of Base Pay

For purposes of determining the amount of severance pay -

• Base Pay means the employee's regular rate of salary (determined on a monthly basis) payable immediately preceding his or her date of termination. Base Pay does not include discretionary bonuses, other variable compensation, or extra pay.
   

• Years of Service means an employee's full and partial years of employment beginning as of the later of (a) his or her most recent date of hire by an Employer or (b) his or her first day of work following a break in service of thirty (30) days or more, until his or her last day of active employment. A partial year of employment will be rounded up to the next highest year.

• Payment of Severance Pay

The Company shall pay the severance pay in a single lump sum as soon as practicable after the later of the employee's last day of employment or the date on which the employee's separation agreement and general release becomes effective, provided that if the employee satisfies all of the conditions for payment, then in no event will payment be made later than the March 15th of the calendar year following the calendar year in which the employee's last day of employment occurred.

12

• Continued Group Health Benefit Coverage - Payment of Cost for COBRA Coverage

If the employee elects to continue coverage under the Company's group health benefits plan in accordance with the COBRA continuation coverage requirements, the employee will be required to pay only a portion of the full cost for COBRA coverage during the period equal to the number of weeks used in calculating the amount of the employee's severance pay under this Plan.

• The COBRA coverage cost to be paid by the employee during this severance period will be the same as the amount paid by active employees for the same group health benefits coverage.

After the end of the severance period, the employee, if eligible, will be required to pay the full cost of COBRA coverage in order to continue COBRA coverage for the remainder of the COBRA coverage period.
 

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THE JONES GROUP INC. SEVERANCE PLAN
SEVERANCE BENEFIT GUIDELINES

Effective as of May 31, 2006

EXECUTIVE VICE PRESIDENTS AND ABOVE

• Severance Pay

• Amount of Severance Pay

Years of Service	Amount of Severance Pay
Less than 5 years	3 months of Base Pay
5 to 9 years	6 months of Base Pay
10 to 19 years	12 months of Base Pay
20 or more years	18 months of Base Pay

For purposes of determining the amount of severance pay -

• Base Pay means the employee's regular rate of salary (determined on a monthly basis) payable immediately preceding his or her date of termination. Base Pay does not include discretionary bonuses, other variable compensation, or extra pay.
• Years of Service means an employee's full and partial years of employment beginning as of the later of (a) his or her most recent date of hire by an Employer or (b) his or her first day of work following a break in service of thirty (30) days or more, until his or her last day of active employment. A partial year of employment will be rounded up to the next highest year.

• Payment of Severance Pay

The Company shall pay the severance pay in a single lump sum as soon as practicable after the later of the employee's last day of employment or the date on which the employee's separation agreement and general release becomes effective, provided that if the employee satisfies all of the conditions for payment, then in no event will payment be made later than the March 15th of the calendar year following the calendar year in which the employee's last day of employment occurred.

14

• Continued Group Health Benefit Coverage - Payment of Cost for COBRA Coverage

If the employee elects to continue coverage under the Company's group health benefits plan in accordance with the COBRA continuation coverage requirements, the employee will be required to pay only a portion of the full cost for COBRA coverage during the period equal to the number of weeks used in calculating the amount of the employee's severance pay under this Plan, or, if earlier, until the expiration of COBRA coverage.

• The COBRA coverage cost to be paid by the employee during this severance period will be the same as the amount paid by active employees for the same group health benefits coverage.

After the end of the severance period, the employee, if eligible, will be required to pay the full cost of COBRA coverage in order to continue COBRA coverage for the remainder of the COBRA coverage period.

• Outplacement

As determined by the Company.

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EX-31

EXHIBIT 31

CERTIFICATIONS

I, Wesley R. Card, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of The Jones Group Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
		(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
		(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
		(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
		(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.	The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
		(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
		(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 2, 2013
 

/s/ Wesley R. Card
Wesley R. Card
Chief Executive Officer

I, John T. McClain, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of The Jones Group Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
		(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
		(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
		(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
		(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.	The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
		(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
		(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 2, 2013
 

/s/ John T. McClain
John T. McClain
Chief Financial Officer

EX-32

EXHIBIT 32

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

    I, Wesley R. Card, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of The Jones Group Inc. on Form 10-Q for the fiscal quarter ended July 6, 2013 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Quarterly Report on Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of The Jones Group Inc.

By: /s/ Wesley R. Card

Name: Wesley R. Card
Title: Chief Executive Officer

A signed original of this written statement required by Section 906 has been provided to The Jones Group Inc. and will be retained by The Jones Group Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

    I, John T. McClain, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that the Quarterly Report of The Jones Group Inc. on Form 10-Q for the fiscal quarter ended July 6, 2013 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in such Quarterly Report on Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of The Jones Group Inc.

By: /s/ John T. McClain

Name: John T. McClain
Title: Chief Financial Officer

A signed original of this written statement required by Section 906 has been provided to The Jones Group Inc. and will be retained by The Jones Group Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

XML

FAIR VALUES

6 Months Ended

Jul. 06, 2013

FAIR VALUES [Abstract]

FAIR VALUES

FAIR VALUES

ASC Subtopic 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  ASC Subtopic 820-10 outlines a valuation framework, creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements, and details the disclosures that are required for items measured at fair value.  We are permitted to choose to measure many financial instruments and certain other items at fair value, although we did not elect the fair value measurement option for any of our financial assets or liabilities.  Our financial assets and liabilities are to be measured using inputs from the three levels of the fair value hierarchy, which are as follows:

· Level 1 - inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date;

· Level 2 - inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs); and

· Level 3 - unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing assets or liabilities based on the best information available.

Assets and Liabilities Measured at Fair Value on a Recurring Basis

We have certain financial assets and liabilities that are required to be measured at fair value.  These include:

· the assets and liabilities of The Jones Group Inc. Deferred Compensation Plan (the "Rabbi Trust"), which represent deferred employee compensation invested in mutual funds and which fall within Level 1 of the fair value hierarchy;

· deferred director fees, which represent phantom units of our common stock that have a fair value based on the market price of our common stock and which fall within Level 1 of the fair value hierarchy;

· foreign currency forward contracts, which have fair values calculated by comparing foreign exchange forward rates to the contract rates discounted at our incremental borrowing rate,   which fall within Level 2 of the fair value hierarchy;

· an interest rate cap contract, which has fair values calculated by comparing current yield curves and LIBOR rates to the stated contract rates adjusted for estimated risk of counterparty nonperformance,  which fall within Level 2 of the fair value hierarchy;

· long-term debt that was hedged by interest rate swaps as a fair-value hedge, calculated by comparing current yield curves and LIBOR rates to the stated contract rates of the associated interest rate swaps, which falls within Level 2 of the fair value hierarchy; and

· consideration liabilities recorded as a result of the acquisition of Moda Nicola International, LLC ("Moda") and Stuart Weitzman Holdings, LLC ("SWH"), which have fair values based on our projections of financial results and cash flows for the acquired business and a discount factor based on our weighted average cost of capital, and which fall within Level 3 of the fair value hierarchy.

In accordance with the fair value hierarchy described above, the following table shows the fair value of our financial assets and liabilities that are required to be measured at fair value on a recurring basis at June 30, 2012, December 31, 2012 and July 6, 2013.

(In millions) Description	Classification	Total Value		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
June 30, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.0	$	8.0	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	8.2	$	8.0	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.0	$	8.0	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		216.7		-		-		216.7
Acquisition consideration	Acquisition consideration payable, net of current portion		4.8		-		-		4.8
Total liabilities		$	229.7	$	8.2	$	-	$	221.5
December 31, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.4	$	8.4	$	-	$	-
Interest rate cap	Other long-term assets		-		-		-		-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		-		-		-		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.2		-		0.2		-
Total assets		$	8.6	$	8.4	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.4	$	8.4	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		30.3		-		-		30.3
Acquisition consideration	Acquisition consideration payable, net of current portion		6.0		-		-		6.0
Total liabilities		$	44.9	$	8.6	$	-	$	36.3
July 6, 2013:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.5	$	8.5	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.8		-		0.8		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.6		-		0.6		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	9.9	$	8.5	$	1.4	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.5	$	8.5	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.3		0.3		-		-
Acquisition consideration	Current portion of acquisition consideration payable		2.3		-		-		2.3
Acquisition consideration	Acquisition consideration payable, net of current portion		4.4		-		-		4.4
Total liabilities		$	15.5	$	8.8	$	-	$	6.7

The following table presents the changes in Level 3 contingent consideration liability for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Acquisition of Moda			Acquisition of SWH			Total Acquisition Consideration Payable
Beginning balance, January 1, 2012	$	14.8		$	195.6		$	210.4
Payments		(3.5	)		(4.8	)		(8.3	)
Total adjustments included in earnings		(4.1	)		23.5			19.4
Balance, June 30, 2012	$	7.2		$	214.3		$	221.5
Beginning balance, January 1, 2013	$	7.4		$	28.9		$	36.3
Payments		(2.5	)		(27.4	)		(29.9	)
Total adjustments included in earnings		0.8			(0.5	)		0.3
Balance, July 6, 2013	$	5.7		$	1.0		$	6.7

The following table represents quantitative information about the Level 3 contingent consideration liability measurement for the acquisition of Moda at July 6, 2013.

(In millions)	Fair Value at July 6, 2013		Valuation technique	Unobservable inputs	Range (Weighted Average)
Acquisition of Moda	$	5.7	Discounted projection of financial results	Net sales growth Gross margin multiplier Discount rate	12% - 71% (49.4%) 1.31 – 1.38 (1.34) 12.0%

The valuation processes for the contingent consideration liability for the acquisition of Moda is based on the associated acquisition agreement.  Our inputs include probability-weighted projections of financial results for the acquired business and a discount rate based on our weighted average cost of capital.  We internally calculate the estimated liability using projected financial information provided by the operating divisions.

The significant unobservable inputs used in the fair value measurement of the Moda contingent consideration liability are net sales growth, a gross margin multiplier (as defined in the acquisition agreement) and a discount factor.  An increase in the net sales or gross margin multiplier inputs would increase the fair value of the liability, while an increase in the discount rate would decrease the fair value of the liability.  There is no interrelationship between the unobservable inputs.  Changes in the fair value of the Moda contingent consideration liability are reported as adjustments to SG&A expenses in the domestic wholesale sportswear segment.

The remaining contingent consideration liability related to the acquisition of SWH has been determined to be $1.0 million.  Changes in the fair value of the contingent consideration liability for SWH are reported as adjustments to interest expense.  Payment of the remaining liability will be deferred until certain conditions are met.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

In accordance with the fair value hierarchy described above, the following table shows the fair value of our non-financial assets and liabilities that were required to be measured at fair value on a nonrecurring basis at June 30, 2012 and July 6, 2013, and the total losses recorded as a result of the remeasurement process.

(In millions)				Fair Value Measurements Using
Description	Carrying Value			Quoted prices in active markets for identical assets (Level 1)			Significant other observable inputs (Level 2)			Significant unobserv-able inputs (Level 3)			Total losses recorded for the fiscal six months
At June 30, 2012:
Property and equipment		$	-		$	-		$	-		$	-		$	0.4
At July 6, 2013:
Property and equipment			0.8			-			-			0.8			6.8

During the fiscal six months ended June 30, 2012 and July 6, 2013, property and equipment utilized in our retail operations with a carrying amount of $0.4 million and $6.8 million, respectively, were written down to fair values of zero and $0.8 million, respectively, primarily as a result of our decision to close underperforming retail locations.  These losses were recorded as SG&A expenses in the domestic retail segment.  We consider long-term assets utilized in a retail location to be impaired when a pattern of operating losses at or a decision to close the location indicate that future operating losses are probable and that the resulting cash flows will not be sufficient to recover the carrying value of the associated long-term assets.  During the fiscal six months ended July 6, 2013, leasehold improvements with a carrying value of $0.8 million in a facility to be sublet were written down to a fair value of zero, as we will incur a loss on the sublease.  This loss was recorded as an SG&A expense in the domestic wholesale footwear and accessories segment.

Financial Instruments

As a result of our global operating and financing activities, we are exposed to changes in interest rates and foreign currency exchange rates which may adversely affect results of operations and financial condition.  In seeking to minimize the risks and/or costs associated with such activities, we manage exposure to changes in interest rates and foreign currency exchange rates through our regular operating and financing activities and, when deemed appropriate, through the use of derivative financial instruments.  The instruments eligible for utilization include forward, option and swap agreements.  We do not use financial instruments for trading or other speculative purposes.  At July 6, 2013, we had outstanding foreign exchange contracts to exchange Canadian Dollars for a total notional value of US$9.7 million at a weighted-average exchange rate of 0.994 maturing through November 2013 and to exchange 6.0 million British Pounds for U.S. Dollars at an exchange rate of 1.623 maturing in December 2013.

At July 6, 2013, June 30, 2012 and December 31, 2012, the fair values of cash and cash equivalents, receivables and accounts payable approximated their carrying values due to the short-term nature of these instruments.  The estimated fair values of other financial instruments subject to fair value disclosures were valued using market comparable inputs.  These inputs include broker quotes, quoted market prices, interest rates and exchange rates for the same or similar instruments.  The fair value and related carrying amounts for items not disclosed elsewhere are as follows:

(In millions)	July 6, 2013								June 30, 2012						December 31, 2012
	Fair Value Level		Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Senior Notes, including hedged items recorded at fair value		1		$	920.6		$	877.3		$	824.4		$	732.5		$	924.3		$	884.5
Other long-term debt, including current portion		2			9.4			8.5			9.9			8.7			10.2			9.3
Notes receivable		2			6.5			5.6			2.8			1.7			-			-

Financial instruments expose us to counterparty credit risk for nonperformance and to market risk for changes in interest and currency rates.  We manage exposure to counterparty credit risk through specific minimum credit standards, diversification of counterparties and procedures to monitor the amount of credit exposure.  Our financial instrument counterparties are substantial investment or commercial banks with significant experience with such instruments.

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STATEMENT OF CASH FLOWS (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012
Cash paid during the period for:
Interest	$ 51.7	$ 26.0
Net income tax payments	5.2	1.1
Supplemental disclosures of non-cash investing and financing activities:
Restricted stock issued to employees	28.2	20.8
Shares withheld for taxes upon vesting of restricted stock	$ 2.4	$ 0.2

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
Net sales	$ 835.2	$ 844.3	$ 1,832.8	$ 1,767.7
Licensing income	10.2	10.2	20.9	22.5
Other revenues	0.2	0.3	0.6	0.5
Total revenues	845.6	854.8	1,854.3	1,790.7
Cost of goods sold	544.9	528.6	1,205.3	1,121.1
Gross profit	300.7	326.2	649.0	669.6
Selling, general and administrative expenses	289.9	304.5	621.3	607.7
Operating income	10.8	21.7	27.7	61.9
Interest income	0	0.2	0.1	0.4
Interest expense and financing costs	15.4	9.0	31.6	51.9
Equity in (loss) income of unconsolidated affiliate	(0.5)	0.4	0.1	1.3
(Loss) income before (benefit) provision for income taxes	(5.1)	13.3	(3.7)	11.7
(Benefit) provision for income taxes	(1.9)	4.9	(1.4)	4.3
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
(Loss) earnings per common share attributable to Jones
Basic (in dollars per share)	$ (0.05)	$ 0.11	$ (0.04)	$ 0.09
Diluted (in dollars per share)	$ (0.05)	$ 0.10	$ (0.04)	$ 0.09
Weighted average shares outstanding
Basic (in shares)	73.1	75.2	73.2	75.7
Diluted (in shares)	73.1	76.0	73.2	77.5
Dividends declared per share (in dollars per share)	$ 0.05	$ 0.05	$ 0.10	$ 0.10

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BASIS OF PRESENTATION

6 Months Ended

Jul. 06, 2013

BASIS OF PRESENTATION [Abstract]

BASIS OF PRESENTATION

BASIS OF PRESENTATION

The consolidated financial statements include the accounts of The Jones Group Inc. and its subsidiaries.  The financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP") for interim financial information and in accordance with the requirements of Form 10-Q.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  The consolidated financial statements included herein should be read in conjunction with the consolidated financial statements and the footnotes thereto included within our Annual Report on Form 10-K.

In our opinion, the information presented reflects all adjustments necessary for a fair statement of interim results.  All such adjustments are of a normal and recurring nature.  The foregoing interim results are not necessarily indicative of the results of operations for the full year ending December 31, 2013.

Distribution costs.  Our cost of sales may not be comparable to those of other entities, since some entities include all of the costs associated with their distribution functions in cost of sales while we include these costs in selling, general and administrative ("SG&A") expenses.  Distribution costs included in SG&A expenses for the fiscal quarters ended July 6, 2013 and June 30, 2012 were $21.1 million for both periods.  Distribution costs included in SG&A expenses for the fiscal six months ended July 6, 2013 and June 30, 2012 were $46.9 million and $44.7 million, respectively.

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ACCUMULATED OTHER COMPREHENSIVE LOSS

6 Months Ended

Jul. 06, 2013

ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in Accumulated Other Comprehensive (Loss) Income by Component

(In millions)	Gains (Losses) on Cash Flow Hedges			Defined Benefit Pension Items			Foreign Currency Translation			Total
For the fiscal quarter ended July 6, 2013:
Balance, April 7, 2013	$	0.2		$	(23.4	)	$	(3.6	)	$	(26.8	)
Other comprehensive (loss) income before reclassifications		0.3			-			(4.0	)		(3.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.1			-			0.1
Net comprehensive (loss) income		0.3			0.1			(4.0	)		(3.6	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal quarter ended June 30, 2012:
Balance, April 1, 2012	$	-		$	(23.5	)	$	3.2		$	(20.3	)
Other comprehensive (loss) income before reclassifications		0.2			(0.3	)		(8.2	)		(8.3	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.3			-			0.3
Net comprehensive (loss) income		0.2			-			(8.2	)		(8.0	)
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)
For the fiscal six months ended July 6, 2013:
Balance, January 1, 2013	$	0.1		$	(23.6	)	$	5.6		$	(17.9	)
Other comprehensive (loss) income before reclassifications		0.5			-			(13.2	)		(12.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		(0.1	)		0.3			-			0.2
Net comprehensive (loss) income		0.4			0.3			(13.2	)		(12.5	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal six months ended June 30, 2012:
Balance, January 1, 2012	$	-		$	(23.5	)	$	(6.1	)	$	(29.6	)
Other comprehensive (loss) income before reclassifications		0.1			(0.7	)		1.1			0.5
Amounts reclassified from accumulated other comprehensive (loss) income		0.1			0.7			-			0.8
Net comprehensive (loss) income		0.2			-			1.1			1.3
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

(In millions)	Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
	For the Fiscal Quarter Ended July 6, 2013			For the Fiscal Quarter Ended June 30, 2012			For the Fiscal Six Months Ended July 6, 2013			For the Fiscal Six Months Ended June 30, 2012			Line Item in the Statement of Operations
(Gains) losses on cash flow hedges
Foreign exchange contracts	$	(0.1	)	$	-		$	(0.2	)	$	0.1		Cost of goods sold
Tax provision		0.1			-			0.1			-		(Benefit) provision for income taxes
Total, net of tax	$	-		$	-		$	(0.1	)	$	0.1
Amortization of defined benefit pension items
Actuarial (gains) losses	$	0.2		$	0.6		$	0.5		$	1.1		Selling, general and administrative expenses
Tax benefit		(0.1	)		(0.3	)		(0.2	)		(0.4	)	(Benefit) provision for income taxes
Total, net of tax	$	0.1		$	0.3		$	0.3		$	0.7

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ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive (loss) income, beginning	$ (26.8)	$ (20.3)	$ (17.9)	$ (29.6)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(3.7)	(8.3)	(12.7)	0.5
Amounts reclassified from accumulated other comprehensive (loss) income	0.1	0.3	0.2	0.8
Net comprehensive (Loss) Income, Net of Tax, Total	(3.6)	(8.0)	(12.5)	1.3
Accumulated other comprehensive (loss) income, ending	(30.4)	(28.3)	(30.4)	(28.3)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax provision	0.1	0	0.1	0
Reclassification adjustment from AOCI on derivatives, net of tax	0	0	0.1	(0.1)
Gains (Losses) on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive (loss) income, beginning	0.2	0	0.1	0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0.3	0.2	0.5	0.1
Amounts reclassified from accumulated other comprehensive (loss) income	0	0	(0.1)	0.1
Net comprehensive (Loss) Income, Net of Tax, Total	0.3	0.2	0.4	0.2
Accumulated other comprehensive (loss) income, ending	0.5	0.2	0.5	0.2
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification adjustment from AOCI on derivatives, net of tax	0	0	(0.1)	0.1
Gains (Losses) on Cash Flow Hedges [Member] | Cost of Sales [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification Adjustment from AOCI on Derivatives, before Tax	(0.1)	0	(0.2)	0.1
Gains (Losses) on Cash Flow Hedges [Member] | (Benefit) provision for income taxes [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax provision	0.1	0	0.1	0
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive (loss) income, beginning	(23.4)	(23.5)	(23.6)	(23.5)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0	(0.3)	0	(0.7)
Amounts reclassified from accumulated other comprehensive (loss) income	0.1	0.3	0.3	0.7
Net comprehensive (Loss) Income, Net of Tax, Total	0.1	0	0.3	0
Accumulated other comprehensive (loss) income, ending	(23.3)	(23.5)	(23.3)	(23.5)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification Adjustment from AOCI, defined benefit pension items, net of tax	0.1	0.3	0.3	0.7
Defined Benefit Pension Items [Member] | Selling, General and Administrative Expenses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassification Adjustment from AOCI, defined benefit pension items, before tax	0.2	0.6	0.5	1.1
Defined Benefit Pension Items [Member] | (Benefit) provision for income taxes [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax benefit	(0.1)	(0.3)	(0.2)	(0.4)
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income [Line Items]
Accumulated other comprehensive (loss) income, beginning	(3.6)	3.2	5.6	(6.1)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(4.0)	(8.2)	(13.2)	1.1
Amounts reclassified from accumulated other comprehensive (loss) income	0	0	0	0
Net comprehensive (Loss) Income, Net of Tax, Total	(4.0)	(8.2)	(13.2)	1.1
Accumulated other comprehensive (loss) income, ending	$ (7.6)	$ (5.0)	$ (7.6)	$ (5.0)

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CREDIT FACILITIES

6 Months Ended

Jul. 06, 2013

CREDIT FACILITIES [Abstract]

CREDIT FACILITIES

CREDIT FACILITIES

We have a secured revolving credit agreement expiring on April 28, 2016 (the "Credit Facility") with several lending institutions to borrow an aggregate principal amount of up to $650 million.  The terms and conditions of our Credit Facility provide for, among other things: (1) a $350 million U.S. commitment which may be drawn by the U.S. borrowers as revolving loans in U.S. Dollars or letters of credit in Canadian Dollars, U.S. Dollars, or an "LC Alternative Currency" (namely Euros, sterling, or any other currency acceptable to the lenders); and (2) a $300 million international commitment which may be drawn by the U.S. borrowers or by any Canadian or European borrowers as revolving loans or letters of credit in Canadian Dollars, U.S. Dollars, or an LC Alternative Currency.  Up to the entire amount of the Credit Facility is available for cash borrowings, with an overall sublimit of up to $350 million for all letters of credit.  All of the overall $350 million sublimit may be used for trade letters of credit; and within that overall sublimit, there are additional sublimits, including (but not limited to) $50 million for standby letters of credit and $150 million for letters of credit under the U.S. commitment denominated in an LC Alternative Currency.

        Borrowings under the Credit Facility may be used to refinance certain existing indebtedness, to make certain investments (including acquisitions), and for general corporate purposes in the ordinary course of business.  Such borrowings bear interest either based on the alternate base rate, as defined in the Credit Facility, or based on Eurocurrency rates, each with a margin that depends on the availability remaining under the Credit Facility.  The Credit Facility contains customary events of default.

        Availability under the Credit Facility is determined with reference to a borrowing base consisting of a percentage of eligible inventory, accounts receivable, credit card receivables and licensee receivables, minus reserves determined by the joint collateral agents.  At July 6, 2013, we had no cash borrowings and $16.4 million of letters of credit outstanding, and our remaining availability was $398.5 million.  If availability under the Credit Facility falls below a stated level, we will be required to comply with a minimum fixed charge coverage ratio.  The Credit Facility also contains affirmative and negative covenants that, among other things, will limit or restrict our ability to (1) incur indebtedness, (2) create liens, (3) merge, consolidate, liquidate or dissolve, (4) make investments (including acquisitions), loans or advances, (5) sell assets, (6) enter into sale and leaseback transactions, (7) enter into swap agreements, (8) make certain restricted payments (including dividends and other payments in respect of capital stock), (9) enter into transactions with affiliates, (10) enter into restrictive agreements, and (11) amend material documents.  The Credit Facility is secured by a first priority lien on substantially all of our personal property.

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FAIR VALUES, Part III (Details) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013 Nonrecurring Basis [Member] USD ($)	Jun. 30, 2012 Nonrecurring Basis [Member] USD ($)	Jul. 06, 2013 Canadian Dollar - U.S. Dollar Forward Contracts [Member] USD ($)	Jul. 06, 2013 British Pound - U.S. Dollar Forward Exchange Contracts [Member] GBP (£)	Jul. 06, 2013 Level 3 [Member] Nonrecurring Basis [Member] Retail Property and Equipment [Member] USD ($)	Jun. 30, 2012 Level 3 [Member] Nonrecurring Basis [Member] Retail Property and Equipment [Member] USD ($)	Jul. 06, 2013 Carrying Value [Member] Nonrecurring Basis [Member] USD ($)	Dec. 31, 2012 Carrying Value [Member] Nonrecurring Basis [Member] USD ($)	Jun. 30, 2012 Carrying Value [Member] Nonrecurring Basis [Member] USD ($)	Jul. 06, 2013 Carrying Value [Member] Nonrecurring Basis [Member] Retail Property and Equipment [Member] USD ($)	Jun. 30, 2012 Carrying Value [Member] Nonrecurring Basis [Member] Retail Property and Equipment [Member] USD ($)	Jul. 06, 2013 Carrying Value [Member] Nonrecurring Basis [Member] Leasehold Improvements [Member] USD ($)	Jun. 30, 2012 Fair Value [Member] Nonrecurring Basis [Member] Retail Property and Equipment [Member] USD ($)	Jul. 06, 2013 Fair Value [Member] Nonrecurring Basis [Member] Leasehold Improvements [Member] USD ($)	Jul. 06, 2013 Fair Value [Member] Level 1 [Member] Nonrecurring Basis [Member] USD ($)	Dec. 31, 2012 Fair Value [Member] Level 1 [Member] Nonrecurring Basis [Member] USD ($)	Jun. 30, 2012 Fair Value [Member] Level 1 [Member] Nonrecurring Basis [Member] USD ($)	Jul. 06, 2013 Fair Value [Member] Level 2 [Member] Nonrecurring Basis [Member] USD ($)	Dec. 31, 2012 Fair Value [Member] Level 2 [Member] Nonrecurring Basis [Member] USD ($)	Jun. 30, 2012 Fair Value [Member] Level 2 [Member] Nonrecurring Basis [Member] USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Property and equipment, fair value disclosure					$ 0.8	$ 0				$ 6.8	$ 0.4	$ 0.8	$ 0	$ 0
Senior Notes, including hedged items recorded at fair value							920.6	924.3	824.4						877.3	884.5	732.5
Other long-term debt, including current portion							9.4	10.2	9.9									8.5	9.3	8.7
Notes Receivable							6.5		2.8									5.6		1.7
Notional amounts of foreign exchange contracts outstanding			9.7	6.0
Derivative, Average Forward Exchange Rate			0.994
Derivative, Forward Exchange Rate				1.623
Fair value loss on property and equipment utilized in retail operations	$ 6.8	$ 0.4

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SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012	Apr. 06, 2013	Dec. 31, 2012	Mar. 31, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 81.0	$ 277.1	$ 81.0	$ 277.1
Accounts receivable	312.3	327.2	312.3	327.2		381.0
Inventories, primarily finished goods	540.6	467.5	540.6	467.5		486.7
Prepaid and refundable income taxes	14.1	1.4	14.1	1.4		5.5
Deferred taxes	31.5	27.7	31.5	27.7		33.2
Prepaid expenses and other current assets	49.5		49.5			40.7
Total current assets	1,029.0	1,160.0	1,029.0	1,160.0		1,096.7
Property, plant and equipment	260.0	271.4	260.0	271.4		278.1
Due from affiliates
Goodwill	211.6	256.3	211.6	256.3		215.3		255.3
Other intangibles	847.7	891.8	847.7	891.8		869.7
Deferred taxes
Investments in subsidiaries	41.5	38.4	41.5	38.4		38.9
Other assets	94.4	91.0	94.4	91.0		96.8
Total assets	2,484.2	2,708.9	2,484.2	2,708.9		2,595.5
CURRENT LIABILITIES:
Current portion of long-term debt and capital lease obligations	2.2	2.1	2.2	2.1		2.2
Current portion of acquisition consideration payable	2.3	216.7	2.3	216.7		30.3
Accounts payable	249.6	232.7	249.6	232.7		257.5
Income taxes payable		4.6		4.6		1.4
Accrued expenses and other current liabilities	128.9		128.9			160.8
Total current liabilities	383.0	591.2	383.0	591.2		452.2
Long-term debt	929.9	834.2	929.9	834.2		934.4
Obligations under capital leases	20.2	22.3	20.2	22.3		21.3
Income taxes payable	0.3	0.5	0.3	0.5		0.5
Deferred taxes	59.7	69.6	59.7	69.6		56.7
Acquisition consideration payable	4.4	4.8	4.4	4.8		6.0
Due to affiliates
Other noncurrent liabilities	110.6	112.4	110.6	112.4		118.1
Total liabilities	1,508.1	1,635.0	1,508.1	1,635.0		1,589.2
Redeemable noncontrolling interest	0.6		0.6			0.6
EQUITY:
Common stock and additional paid-in capital	522.9		522.9			521.6
Retained earnings	482.0	579.8	482.0	579.8		501.1
Accumulated other comprehensive (loss) income	(30.4)	(28.3)	(30.4)	(28.3)	(26.8)	(17.9)	(20.3)	(29.6)
Total Jones stockholders' equity	974.5	1,073.6	974.5	1,073.6		1,004.8
Noncontrolling interests	1.0	0.3	1.0	0.3		0.9
Total equity	975.5	1,073.9	975.5	1,073.9		1,005.7		1,089.4
Total liabilities and equity	2,484.2	2,708.9	2,484.2	2,708.9		2,595.5
Condensed Consolidating Statements of Operations [Abstract]
Net sales	835.2	844.3	1,832.8	1,767.7
Licensing income	10.2	10.2	20.9	22.5
Other revenues	0.2	0.3	0.6	0.5
Total revenues	845.6	854.8	1,854.3	1,790.7
Cost of goods sold	544.9	528.6	1,205.3	1,121.1
Gross profit	300.7	326.2	649.0	669.6
Selling, general and administrative expenses	289.9	304.5	621.3	607.7
Operating (loss) income	10.8	21.7	27.7	61.9
Net interest expense (income) and financing costs	15.4	8.8	31.5	51.5
Equity in (loss) income of unconsolidated affiliate	(0.5)	0.4	0.1	1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	(5.1)	13.3	(3.7)	11.7
(Benefit) provision for income taxes	(1.9)	4.9	(1.4)	4.3
Equity in earnings of subsidiaries	0	0	0	0
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
Condensed Consolidating Statements of Other Comprehensive Income [Abstract]
Net (loss) income	(3.2)	8.4	(2.3)	7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax	0.3	0.2	0.5	0.1
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision	0	0	(0.1)	0.1
Pension and postretirement liability adjustments, net of tax	0.1	0	0.3	0
Foreign currency translation adjustments	(4.0)	(8.2)	(13.2)	1.1
Total other comprehensive (loss) income	(3.6)	(8.0)	(12.5)	1.3
Comprehensive (loss) income	(6.8)	0.4	(14.8)	8.7
Condensed Consolidating Statements Of Cash Flows [Abstract]
Net cash (used in) provided by operating activities			1.8	124.0
Cash flows from investing activities:
Capital expenditures			(29.3)	(38.2)
Notes receivable issued			(6.5)	0
Payments related to acquisition of Brian Atwood			(0.5)	0
Contingent consideration paid related to investment in GRI				(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)
Repurchases of common shares			(14.5)	(29.0)
Payments of acquisition consideration payable			(9.4)	(7.5)
Other items, net			(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	81.0	277.1
Eliminations [Member]
CURRENT ASSETS:
Cash and cash equivalents	0	0	0	0
Accounts receivable	0		0			0
Inventories, primarily finished goods	(0.8)		(0.8)			(1.2)
Prepaid and refundable income taxes	(8.7)		(8.7)			(13.4)
Deferred taxes	0		0			0
Prepaid expenses and other current assets	(0.9)		(0.9)			(1.1)
Total current assets	(10.4)		(10.4)			(15.7)
Property, plant and equipment	0		0			0
Due from affiliates	(461.9)		(461.9)			(319.0)
Goodwill	0		0			0
Other intangibles	0		0			0
Deferred taxes	(93.3)		(93.3)			(93.0)
Investments in subsidiaries	(1,808.7)		(1,808.7)			(1,745.6)
Other assets	0		0			0
Total assets	(2,374.3)		(2,374.3)			(2,173.3)
CURRENT LIABILITIES:
Current portion of long-term debt and capital lease obligations	0		0			0
Current portion of acquisition consideration payable	0		0			0
Accounts payable	0		0			0
Income taxes payable	(29.1)		(29.1)			(33.6)
Accrued expenses and other current liabilities	(0.9)		(0.9)			(1.1)
Total current liabilities	(30.0)		(30.0)			(34.7)
Long-term debt	0		0			0
Obligations under capital leases	0		0			0
Income taxes payable	0		0			0
Deferred taxes	(99.3)		(99.3)			(99.0)
Acquisition consideration payable	0		0			0
Due to affiliates	(461.9)		(461.9)			(319.0)
Other noncurrent liabilities	0		0			0
Total liabilities	(591.2)		(591.2)			(452.7)
Redeemable noncontrolling interest	0		0			0
EQUITY:
Common stock and additional paid-in capital	(929.7)		(929.7)			(948.0)
Retained earnings	(863.3)		(863.3)			(769.8)
Accumulated other comprehensive (loss) income	9.9		9.9			(2.8)
Total Jones stockholders' equity	(1,783.1)		(1,783.1)			(1,720.6)
Noncontrolling interests	0		0			0
Total equity	(1,783.1)		(1,783.1)			(1,720.6)
Total liabilities and equity	(2,374.3)		(2,374.3)			(2,173.3)
Condensed Consolidating Statements of Operations [Abstract]
Net sales	(7.1)	(6.0)	(12.1)	(12.8)
Licensing income	0	0	0	0
Other revenues	0	0	0	0
Total revenues	(7.1)	(6.0)	(12.1)	(12.8)
Cost of goods sold	(5.4)	(3.8)	(8.4)	(7.5)
Gross profit	(1.7)	(2.2)	(3.7)	(5.3)
Selling, general and administrative expenses	(1.9)	(2.0)	(4.2)	(4.2)
Operating (loss) income	0.2	(0.2)	0.5	(1.1)
Net interest expense (income) and financing costs	0	0	0	0
Equity in (loss) income of unconsolidated affiliate	0	0	0	0
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	0.2	(0.2)	0.5	(1.1)
(Benefit) provision for income taxes	(0.2)	0	(0.1)	(0.4)
Equity in earnings of subsidiaries	(32.2)	(38.4)	(66.1)	(78.3)
Net (loss) income	(31.8)	(38.6)	(65.5)	(79.0)
Less: income attributable to noncontrolling interest	0	0	0	0
(Loss) income attributable to Jones	(31.8)	(38.6)	(65.5)	(79.0)
Condensed Consolidating Statements of Other Comprehensive Income [Abstract]
Net (loss) income	(31.8)	(38.6)	(65.5)	(79.0)
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax	(0.3)	(0.2)	(0.5)	(0.1)
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision			0.1	(0.1)
Pension and postretirement liability adjustments, net of tax	0	0	0	0
Foreign currency translation adjustments	4.0	8.2	13.2	(1.1)
Total other comprehensive (loss) income	3.7	8.0	12.8	(1.3)
Comprehensive (loss) income	(28.1)	(30.6)	(52.7)	(80.3)
Condensed Consolidating Statements Of Cash Flows [Abstract]
Net cash (used in) provided by operating activities			(6.6)	(5.9)
Cash flows from investing activities:
Capital expenditures			0	0
Notes receivable issued			0	0
Payments related to acquisition of Brian Atwood			0	0
Contingent consideration paid related to investment in GRI			0	0
Other			0	0
Net cash used in investing activities			0	0
Cash flows from financing activities:
Costs related to secured revolving credit agreement			0	0
Dividends paid			6.6	5.9
Repurchases of common shares			0	0
Payments of acquisition consideration payable			0	0
Other items, net			0	0
Net cash used in financing activities			6.6	5.9
Effect of exchange rates on cash			0	0
Net (decrease) increase in cash and cash equivalents			0	0
CASH AND CASH EQUIVALENTS, BEGINNING			0	0
CASH AND CASH EQUIVALENTS, ENDING	0	0	0	0
Issuers [Member]
CURRENT ASSETS:
Cash and cash equivalents	39.9	210.6	39.9	210.6
Accounts receivable	155.1		155.1			191.0
Inventories, primarily finished goods	295.6		295.6			261.7
Prepaid and refundable income taxes	21.3		21.3			18.6
Deferred taxes	19.9		19.9			17.9
Prepaid expenses and other current assets	26.0		26.0			23.6
Total current assets	557.8		557.8			595.4
Property, plant and equipment	58.3		58.3			64.6
Due from affiliates	0		0			0
Goodwill	49.8		49.8			49.9
Other intangibles	5.6		5.6			6.0
Deferred taxes	93.3		93.3			93.0
Investments in subsidiaries	1,808.7		1,808.7			1,745.6
Other assets	70.0		70.0			67.7
Total assets	2,643.5		2,643.5			2,622.2
CURRENT LIABILITIES:
Current portion of long-term debt and capital lease obligations	0		0			0
Current portion of acquisition consideration payable	2.3		2.3			30.3
Accounts payable	142.5		142.5			156.2
Income taxes payable	0		0			22.1
Accrued expenses and other current liabilities	62.5		62.5			79.1
Total current liabilities	207.3		207.3			287.7
Long-term debt	929.9		929.9			934.4
Obligations under capital leases	0		0			0
Income taxes payable	0.3		0.3			0.5
Deferred taxes	0		0			0
Acquisition consideration payable	4.4		4.4			6.0
Due to affiliates	461.9		461.9			319.0
Other noncurrent liabilities	88.3		88.3			93.1
Total liabilities	1,692.1		1,692.1			1,640.7
Redeemable noncontrolling interest	0		0			0
EQUITY:
Common stock and additional paid-in capital	522.9		522.9			521.6
Retained earnings	458.9		458.9			477.8
Accumulated other comprehensive (loss) income	(30.4)		(30.4)			(17.9)
Total Jones stockholders' equity	951.4		951.4			981.5
Noncontrolling interests	0		0			0
Total equity	951.4		951.4			981.5
Total liabilities and equity	2,643.5		2,643.5			2,622.2
Condensed Consolidating Statements of Operations [Abstract]
Net sales	482.7	516.6	1,060.5	1,087.2
Licensing income	0.2	0	0.3	0
Other revenues	0.2	0.3	0.6	0.5
Total revenues	483.1	516.9	1,061.4	1,087.7
Cost of goods sold	326.6	333.8	716.3	711.1
Gross profit	156.5	183.1	345.1	376.6
Selling, general and administrative expenses	196.0	216.2	423.6	422.8
Operating (loss) income	(39.5)	(33.1)	(78.5)	(46.2)
Net interest expense (income) and financing costs	14.1	9.2	28.9	52.4
Equity in (loss) income of unconsolidated affiliate	0	0	0	0
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	(53.6)	(42.3)	(107.4)	(98.6)
(Benefit) provision for income taxes	(18.4)	(12.2)	(38.6)	(28.1)
Equity in earnings of subsidiaries	32.2	38.4	66.1	78.3
Net (loss) income	(3.0)	8.3	(2.7)	7.8
Less: income attributable to noncontrolling interest	0	0	0	0
(Loss) income attributable to Jones	(3.0)	8.3	(2.7)	7.8
Condensed Consolidating Statements of Other Comprehensive Income [Abstract]
Net (loss) income	(3.0)	8.3	(2.7)	7.8
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax	0.3	0.2	0.5	0.1
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision			(0.1)	0.1
Pension and postretirement liability adjustments, net of tax	0.1	0	0.3	0
Foreign currency translation adjustments	(4.0)	(8.2)	(13.2)	1.1
Total other comprehensive (loss) income	(3.6)	(8.0)	(12.5)	1.3
Comprehensive (loss) income	(6.6)	0.3	(15.2)	9.1
Condensed Consolidating Statements Of Cash Flows [Abstract]
Net cash (used in) provided by operating activities			(4.0)	58.7
Cash flows from investing activities:
Capital expenditures			(7.1)	(9.0)
Notes receivable issued			(6.1)	0
Payments related to acquisition of Brian Atwood			(0.5)	0
Contingent consideration paid related to investment in GRI			0	0
Other			0	0
Net cash used in investing activities			(13.7)	(9.0)
Cash flows from financing activities:
Costs related to secured revolving credit agreement			(0.3)	(0.3)
Dividends paid			(7.8)	(7.9)
Repurchases of common shares			(14.5)	(29.0)
Payments of acquisition consideration payable			(2.5)	0
Other items, net			0.1	2.3
Net cash used in financing activities			(25.0)	(34.9)
Effect of exchange rates on cash			0	0
Net (decrease) increase in cash and cash equivalents			(42.7)	14.8
CASH AND CASH EQUIVALENTS, BEGINNING			82.6	195.8
CASH AND CASH EQUIVALENTS, ENDING	39.9	210.6	39.9	210.6
Others [Member]
CURRENT ASSETS:
Cash and cash equivalents	41.1	66.5	41.1	66.5
Accounts receivable	157.2		157.2			190.0
Inventories, primarily finished goods	245.8		245.8			226.2
Prepaid and refundable income taxes	1.5		1.5			0.3
Deferred taxes	11.6		11.6			15.3
Prepaid expenses and other current assets	24.4		24.4			18.2
Total current assets	481.6		481.6			517.0
Property, plant and equipment	201.7		201.7			213.5
Due from affiliates	461.9		461.9			319.0
Goodwill	161.8		161.8			165.4
Other intangibles	842.1		842.1			863.7
Deferred taxes	0		0			0
Investments in subsidiaries	41.5		41.5			38.9
Other assets	24.4		24.4			29.1
Total assets	2,215.0		2,215.0			2,146.6
CURRENT LIABILITIES:
Current portion of long-term debt and capital lease obligations	2.2		2.2			2.2
Current portion of acquisition consideration payable	0		0			0
Accounts payable	107.1		107.1			101.3
Income taxes payable	29.1		29.1			12.9
Accrued expenses and other current liabilities	67.3		67.3			82.8
Total current liabilities	205.7		205.7			199.2
Long-term debt	0		0			0
Obligations under capital leases	20.2		20.2			21.3
Income taxes payable	0		0			0
Deferred taxes	159.0		159.0			155.7
Acquisition consideration payable	0		0			0
Due to affiliates	0		0			0
Other noncurrent liabilities	22.3		22.3			25.0
Total liabilities	407.2		407.2			401.2
Redeemable noncontrolling interest	0.6		0.6			0.6
EQUITY:
Common stock and additional paid-in capital	929.7		929.7			948.0
Retained earnings	886.4		886.4			793.1
Accumulated other comprehensive (loss) income	(9.9)		(9.9)			2.8
Total Jones stockholders' equity	1,806.2		1,806.2			1,743.9
Noncontrolling interests	1.0		1.0			0.9
Total equity	1,807.2		1,807.2			1,744.8
Total liabilities and equity	2,215.0		2,215.0			2,146.6
Condensed Consolidating Statements of Operations [Abstract]
Net sales	359.6	333.7	784.4	693.3
Licensing income	10.0	10.2	20.6	22.5
Other revenues	0	0	0	0
Total revenues	369.6	343.9	805.0	715.8
Cost of goods sold	223.7	198.6	497.4	417.5
Gross profit	145.9	145.3	307.6	298.3
Selling, general and administrative expenses	95.8	90.3	201.9	189.1
Operating (loss) income	50.1	55.0	105.7	109.2
Net interest expense (income) and financing costs	1.3	(0.4)	2.6	(0.9)
Equity in (loss) income of unconsolidated affiliate	(0.5)	0.4	0.1	1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	48.3	55.8	103.2	111.4
(Benefit) provision for income taxes	16.7	17.1	37.3	32.8
Equity in earnings of subsidiaries	0	0	0	0
Net (loss) income	31.6	38.7	65.9	78.6
Less: income attributable to noncontrolling interest	0.2	0.3	0.6	0.5
(Loss) income attributable to Jones	31.4	38.4	65.3	78.1
Condensed Consolidating Statements of Other Comprehensive Income [Abstract]
Net (loss) income	31.6	38.7	65.9	78.6
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax	0.3	0.2	0.5	0.1
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision			(0.1)	0.1
Pension and postretirement liability adjustments, net of tax	0	0	0	0
Foreign currency translation adjustments	(4.0)	(8.2)	(13.2)	1.1
Total other comprehensive (loss) income	(3.7)	(8.0)	(12.8)	1.3
Comprehensive (loss) income	27.9	30.7	53.1	79.9
Condensed Consolidating Statements Of Cash Flows [Abstract]
Net cash (used in) provided by operating activities			12.4	71.2
Cash flows from investing activities:
Capital expenditures			(22.2)	(29.2)
Notes receivable issued			(0.4)	0
Payments related to acquisition of Brian Atwood			0	0
Contingent consideration paid related to investment in GRI			0	(3.5)
Other			0.4	(0.1)
Net cash used in investing activities			(22.2)	(32.8)
Cash flows from financing activities:
Costs related to secured revolving credit agreement			0	0
Dividends paid			(6.6)	(5.9)
Repurchases of common shares			0	0
Payments of acquisition consideration payable			(6.9)	(7.5)
Other items, net			(1.6)	(1.3)
Net cash used in financing activities			(15.1)	(14.7)
Effect of exchange rates on cash			(1.0)	(0.2)
Net (decrease) increase in cash and cash equivalents			(25.9)	23.5
CASH AND CASH EQUIVALENTS, BEGINNING			67.0	43.0
CASH AND CASH EQUIVALENTS, ENDING	$ 41.1	$ 66.5	$ 41.1	$ 66.5

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SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION (Tables)

6 Months Ended

Jul. 06, 2013

SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION [Abstract]

Condensed Consolidating Financial Statements

The following condensed consolidating balance sheets, statements of operations, statements of consolidated comprehensive income and statements of cash flows for the "Issuers" (consisting of Jones and Jones USA, Jones Holdings, JAG Footwear, which are all our subsidiaries that act as co-issuers and co-obligors) and the "Others" (consisting of all of our other subsidiaries, excluding all obligor subsidiaries) have been prepared using the equity method of accounting in accordance with the requirements for presentation of such information.  Separate financial statements and other disclosures concerning Jones are not presented as Jones has no independent operations or assets.  There are no contractual restrictions on distributions from Jones USA, Jones Holdings or JAG Footwear to Jones.

Condensed Consolidating Balance Sheets

(In millions)

	July 6, 2013												December 31, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others		Elim- inations			Cons- olidated
ASSETS
Current assets:
Cash and cash equivalents	$	39.9		$	41.1		$	-		$	81.0		$	82.6		$	67.0	$	-		$	149.6
Accounts receivable		155.1			157.2			-			312.3			191.0			190.0		-			381.0
Inventories, primarily finished goods		295.6			245.8			(0.8	)		540.6			261.7			226.2		(1.2	)		486.7
Prepaid and refundable income taxes		21.3			1.5			(8.7	)		14.1			18.6			0.3		(13.4	)		5.5
Deferred taxes		19.9			11.6			-			31.5			17.9			15.3		-			33.2
Prepaid expenses and other current assets		26.0			24.4			(0.9	)		49.5			23.6			18.2		(1.1	)		40.7
Total current assets		557.8			481.6			(10.4	)		1,029.0			595.4			517.0		(15.7	)		1,096.7
Property, plant and equipment		58.3			201.7			-			260.0			64.6			213.5		-			278.1
Due from affiliates		-			461.9			(461.9	)		-			-			319.0		(319.0	)		-
Goodwill		49.8			161.8			-			211.6			49.9			165.4		-			215.3
Other intangibles		5.6			842.1			-			847.7			6.0			863.7		-			869.7
Deferred taxes		93.3			-			(93.3	)		-			93.0			-		(93.0	)		-
Investments in subsidiaries		1,808.7			41.5			(1,808.7	)		41.5			1,745.6			38.9		(1,745.6	)		38.9
Other assets		70.0			24.4			-			94.4			67.7			29.1		-			96.8
Total assets	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	-		$	2.2		$	-		$	2.2		$	-		$	2.2	$	-		$	2.2
Current portion of acquisition consideration payable		2.3			-			-			2.3			30.3			-		-			30.3
Accounts payable		142.5			107.1			-			249.6			156.2			101.3		-			257.5
Income taxes payable		-			29.1			(29.1	)		-			22.1			12.9		(33.6	)		1.4
Accrued expenses and other current liabilities		62.5			67.3			(0.9	)		128.9			79.1			82.8		(1.1	)		160.8
Total current liabilities		207.3			205.7			(30.0	)		383.0			287.7			199.2		(34.7	)		452.2
Long-term debt		929.9			-			-			929.9			934.4			-		-			934.4
Obligations under capital leases		-			20.2			-			20.2			-			21.3		-			21.3
Income taxes payable		0.3			-			-			0.3			0.5			-		-			0.5
Deferred taxes		-			159.0			(99.3	)		59.7			-			155.7		(99.0	)		56.7
Acquisition consideration payable		4.4			-			-			4.4			6.0			-		-			6.0
Due to affiliates		461.9			-			(461.9	)		-			319.0			-		(319.0	)		-
Other noncurrent liabilities		88.3			22.3			-			110.6			93.1			25.0		-			118.1
Total liabilities		1,692.1			407.2			(591.2	)		1,508.1			1,640.7			401.2		(452.7	)		1,589.2
Redeemable noncontrolling interest		-			0.6			-			0.6			-			0.6		-			0.6
Equity:
Common stock and additional paid-in capital		522.9			929.7			(929.7	)		522.9			521.6			948.0		(948.0	)		521.6
Retained earnings		458.9			886.4			(863.3	)		482.0			477.8			793.1		(769.8	)		501.1
Accumulated other comprehensive (loss) income		(30.4	)		(9.9	)		9.9			(30.4	)		(17.9	)		2.8		(2.8	)		(17.9	)
Total Jones stockholders' equity		951.4			1,806.2			(1,783.1	)		974.5			981.5			1,743.9		(1,720.6	)		1,004.8
Noncontrolling interests		-			1.0			-			1.0			-			0.9		-			0.9
Total equity		951.4			1,807.2			(1,783.1	)		975.5			981.5			1,744.8		(1,720.6	)		1,005.7
Total liabilities and equity	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5

Condensed Consolidating Statements of Operations

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	482.7		$	359.6		$	(7.1	)	$	835.2		$	516.6		$	333.7		$	(6.0	)	$	844.3
Licensing income		0.2			10.0			-			10.2			-			10.2			-			10.2
Other revenues		0.2			-			-			0.2			0.3			-			-			0.3
Total revenues		483.1			369.6			(7.1	)		845.6			516.9			343.9			(6.0	)		854.8
Cost of goods sold		326.6			223.7			(5.4	)		544.9			333.8			198.6			(3.8	)		528.6
Gross profit		156.5			145.9			(1.7	)		300.7			183.1			145.3			(2.2	)		326.2
Selling, general and administrative expenses		196.0			95.8			(1.9	)		289.9			216.2			90.3			(2.0	)		304.5
Operating (loss) income		(39.5	)		50.1			0.2			10.8			(33.1	)		55.0			(0.2	)		21.7
Net interest expense (income) and financing costs		14.1			1.3			-			15.4			9.2			(0.4	)		-			8.8
Equity in (loss) income of unconsolidated affiliate		-			(0.5	)		-			(0.5	)		-			0.4			-			0.4
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(53.6	)		48.3			0.2			(5.1	)		(42.3	)		55.8			(0.2	)		13.3
(Benefit) provision for income taxes		(18.4	)		16.7			(0.2	)		(1.9	)		(12.2	)		17.1			-			4.9
Equity in earnings of subsidiaries		32.2			-			(32.2	)		-			38.4			-			(38.4	)		-
Net (loss) income		(3.0	)		31.6			(31.8	)		(3.2	)		8.3			38.7			(38.6	)		8.4
Less: income attributable to noncontrolling interest		-			0.2			-			0.2			-			0.3			-			0.3
(Loss) income attributable to Jones	$	(3.0	)	$	31.4		$	(31.8	)	$	(3.4	)	$	8.3		$	38.4		$	(38.6	)	$	8.1

	Fiscal Six Months Ended July 6, 2013											Fiscal Six Months Ended June 30, 2012
	Issuers			Others		Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	1,060.5		$	784.4	$	(12.1	)	$	1,832.8		$	1,087.2		$	693.3		$	(12.8	)	$	1,767.7
Licensing income		0.3			20.6		-			20.9			-			22.5			-			22.5
Other revenues		0.6			-		-			0.6			0.5			-			-			0.5
Total revenues		1,061.4			805.0		(12.1	)		1,854.3			1,087.7			715.8			(12.8	)		1,790.7
Cost of goods sold		716.3			497.4		(8.4	)		1,205.3			711.1			417.5			(7.5	)		1,121.1
Gross profit		345.1			307.6		(3.7	)		649.0			376.6			298.3			(5.3	)		669.6
Selling, general and administrative expenses		423.6			201.9		(4.2	)		621.3			422.8			189.1			(4.2	)		607.7
Operating (loss) income		(78.5	)		105.7		0.5			27.7			(46.2	)		109.2			(1.1	)		61.9
Net interest expense (income) and financing costs		28.9			2.6		-			31.5			52.4			(0.9	)		-			51.5
Equity in income of unconsolidated affiliate		-			0.1		-			0.1			-			1.3			-			1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(107.4	)		103.2		0.5			(3.7	)		(98.6	)		111.4			(1.1	)		11.7
(Benefit) provision for income taxes		(38.6	)		37.3		(0.1	)		(1.4	)		(28.1	)		32.8			(0.4	)		4.3
Equity in earnings of subsidiaries		66.1			-		(66.1	)		-			78.3			-			(78.3	)		-
Net (loss) income		(2.7	)		65.9		(65.5	)		(2.3	)		7.8			78.6			(79.0	)		7.4
Less: income attributable to noncontrolling interest		-			0.6		-			0.6			-			0.5			-			0.5
(Loss) income attributable to Jones	$	(2.7	)	$	65.3	$	(65.5	)	$	(2.9	)	$	7.8		$	78.1		$	(79.0	)	$	6.9

Condensed Consolidating Statements of Other Comprehensive (Loss) Income

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net (loss) income	$	(3.0	)	$	31.6		$	(31.8	)	$	(3.2	)	$	8.3		$	38.7		$	(38.6	)	$	8.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.3			0.3			(0.3	)		0.3			0.2			0.2			(0.2	)		0.2
Pension and postretirement liability adjustments, net of tax		0.1			-			-			0.1			-			-			-			-
Foreign currency translation adjustments		(4.0	)		(4.0	)		4.0			(4.0	)		(8.2	)		(8.2	)		8.2			(8.2	)
Total other comprehensive (loss) income		(3.6	)		(3.7	)		3.7			(3.6	)		(8.0	)		(8.0	)		8.0			(8.0	)
Comprehensive (loss) income	$	(6.6	)	$	27.9		$	(28.1	)	$	(6.8	)	$	0.3		$	30.7		$	(30.6	)	$	0.4

Condensed Consolidating Statements of Other Comprehensive (Loss) Income (continued)

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers		Others		Elim- inations			Cons- olidated
Net (loss) income	$	(2.7	)	$	65.9		$	(65.5	)	$	(2.3	)	$	7.8	$	78.6	$	(79.0	)	$	7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.5			0.5			(0.5	)		0.5			0.1		0.1		(0.1	)		0.1
Reclassification adjustment for hedge gains and losses included in net income, net of tax		(0.1	)		(0.1	)		0.1			(0.1	)		0.1		0.1		(0.1	)		0.1
Pension and postretirement liability adjustments, net of tax		0.3			-			-			0.3			-		-		-			-
Foreign currency translation adjustments		(13.2	)		(13.2	)		13.2			(13.2	)		1.1		1.1		(1.1	)		1.1
Total other comprehensive (loss) income		(12.5	)		(12.8	)		12.8			(12.5	)		1.3		1.3		(1.3	)		1.3
Comprehensive (loss) income	$	(15.2	)	$	53.1		$	(52.7	)	$	(14.8	)	$	9.1	$	79.9	$	(80.3	)	$	8.7

Condensed Consolidating Statements of Cash Flows

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net cash (used in) provided by operating activities	$	(4.0	)	$	12.4		$	(6.6	)	$	1.8		$	58.7		$	71.2		$	(5.9	)	$	124.0
Cash flows from investing activities:
Capital expenditures		(7.1	)		(22.2	)		-			(29.3	)		(9.0	)		(29.2	)		-			(38.2	)
Notes receivable issued		(6.1	)		(0.4	)		-			(6.5	)		-			-			-			-
Payments related to acquisition of Brian Atwood		(0.5	)		-			-			(0.5	)		-			-			-			-
Contingent consideration paid related to investment in GRI		-			-			-			-			-			(3.5	)		-			(3.5	)
Other		-			0.4			-			0.4			-			(0.1	)		-			(0.1	)
Net cash used in investing activities		(13.7	)		(22.2	)		-			(35.9	)		(9.0	)		(32.8	)		-			(41.8	)
Cash flows from financing activities:
Costs related to revolving credit agreement		(0.3	)		-			-			(0.3	)		(0.3	)		-			-			(0.3	)
Dividends paid		(7.8	)		(6.6	)		6.6			(7.8	)		(7.9	)		(5.9	)		5.9			(7.9	)
Repurchase of common shares		(14.5	)		-			-			(14.5	)		(29.0	)		-			-			(29.0	)
Payments of acquisition consideration payable		(2.5	)		(6.9	)		-			(9.4	)		-			(7.5	)		-			(7.5	)
Other items, net		0.1			(1.6	)		-			(1.5	)		2.3			(1.3	)		-			1.0
Net cash used in financing activities		(25.0	)		(15.1	)		6.6			(33.5	)		(34.9	)		(14.7	)		5.9			(43.7	)
Effect of exchange rates on cash		-			(1.0	)		-			(1.0	)		-			(0.2	)		-			(0.2	)
Net (decrease) increase in cash and cash equivalents		(42.7	)		(25.9	)		-			(68.6	)		14.8			23.5			-			38.3
Cash and cash equivalents, beginning		82.6			67.0			-			149.6			195.8			43.0			-			238.8
Cash and cash equivalents, ending	$	39.9		$	41.1		$	-		$	81.0		$	210.6		$	66.5		$	-		$	277.1

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EARNINGS PER SHARE (Tables)

6 Months Ended

Jul. 06, 2013

EARNINGS PER SHARE [Abstract]

Schedule Of (Loss) Earnings Per Share

The computation of basic and diluted (loss) earnings per share is as follows:

(In millions, except per share amounts)	Fiscal Quarter Ended					Fiscal Six Months Ended
	July 6, 2013			June 30, 2012		July 6, 2013			June 30, 2012
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
Weighted-average shares outstanding - basic		73.1			75.2		73.2			75.7
Effect of dilutive employee restricted stock		-			0.8		-			1.8
Weighted-average shares outstanding - diluted		73.1			76.0		73.2			77.5
(Loss) earnings per common share attributable to Jones
Basic	$	(0.05	)	$	0.11	$	(0.04	)	$	0.09
Diluted		(0.05	)		0.10		(0.04	)		0.09

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NEW ACCOUNTING STANDARDS

6 Months Ended

Jul. 06, 2013

NEW ACCOUNTING STANDARDS [Abstract]

NEW ACCOUNTING STANDARDS [Text Block]

NEW ACCOUNTING STANDARDS

In March 2013, the FASB issued ASU 2013-05, "Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity."  ASU 2013-05 requires an entity to release any related cumulative translation adjustment into net income when it ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.  For an equity method investment that is a foreign entity, a pro rata portion of the cumulative translation adjustment should be released into net income upon a partial sale of such an equity method investment.  Additionally, the amendments clarify that the sale of an investment in a foreign entity includes both (1) events that result in the loss of a controlling financial interest in a foreign entity (that is, irrespective of any retained investment) and (2) events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date (sometimes also referred to as a step acquisition).  Accordingly, the cumulative translation adjustment should be released into net income upon the occurrence of those events.  For public entities, the amendments are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013.  Early adoption is permitted.  If an entity elects to early adopt the amendments, it should apply them as of the beginning of the entity's fiscal year of adoption.  The adoption of ASU 2013-05 will not have a material impact on our results of operations or our financial position.

In July 2013, the FASB issued ASU 2013-11, "Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists."  ASU 2013-11 requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows.  To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets.  The amendments in this Update are effective for fiscal years (and interim periods within those years) beginning after December 15, 2013.  The adoption of ASU 2013-11 will not have a material impact on our results of operations or our financial position.

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FAIR VALUES Part I (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Millions, unless otherwise specified	Jul. 06, 2013	Dec. 31, 2012	Jun. 30, 2012
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Total assets	$ 9.9	$ 8.6	$ 8.2
Total liabilities	15.5	44.9	229.7
Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Total assets	8.5	8.4	8.0
Total liabilities	8.8	8.6	8.2
Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Total assets	1.4	0.2	0.2
Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Total liabilities	6.7	36.3	221.5
Prepaid Expenses and Other Current Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Rabbi Trust assets	8.5	8.4	8.0
British Pound - U.S. Dollar forward contracts	0.8	0	0.1
Canadian Dollar - U.S. Dollar forward contracts	0.6	0.2	0.1
Prepaid Expenses and Other Current Assets [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Rabbi Trust assets	8.5	8.4	8.0
Prepaid Expenses and Other Current Assets [Member] | Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
British Pound - U.S. Dollar forward contracts	0.8	0	0.1
Canadian Dollar - U.S. Dollar forward contracts	0.6	0.2	0.1
Other Long-term Assets [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Interest rate cap	0	0	0
Other Long-term Assets [Member] | Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Interest rate cap	0	0	0
Accrued Employee Compensation and Benefits [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Rabbi Trust liabilities	8.5	8.4	8.0
Accrued Employee Compensation and Benefits [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Rabbi Trust liabilities	8.5	8.4	8.0
Current Portion of Acquisition Consideration Payable [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Acquisition consideration	2.3	30.3	216.7
Current Portion of Acquisition Consideration Payable [Member] | Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Acquisition consideration	2.3	30.3	216.7
Accrued Expenses and Other Current Liabilities [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Deferred director fees	0.3	0.2	0.2
Accrued Expenses and Other Current Liabilities [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Deferred director fees	0.3	0.2	0.2
Acquisition Consideration Payable, Net of Current Portion [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Acquisition consideration	4.4	6.0	4.8
Acquisition Consideration Payable, Net of Current Portion [Member] | Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Financial Statement Captions [Line Items]
Acquisition consideration	$ 4.4	$ 6.0	$ 4.8

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STATEMENT OF CASH FLOWS (Tables)

6 Months Ended

Jul. 06, 2013

STATEMENT OF CASH FLOWS [Abstract]

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Fiscal Six Months Ended	July 6, 2013			June 30, 2012
(In millions)
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest		$	51.7		$	26.0
Net income tax payments			5.2			1.1
Supplemental disclosures of non-cash investing and financing activities:
Restricted stock issued to employees			28.2			20.8
Shares withheld for taxes upon vesting of restricted stock			2.4			0.2

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EARNINGS PER SHARE (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
EARNINGS PER SHARE [Abstract]
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)	0
(Loss) income available to common stockholders of Jones	$ (3.3)	$ 7.9	$ (2.7)	$ 6.9
Weighted-average shares outstanding - basic (in shares)	73.1	75.2	73.2	75.7
Effect of dilutive employee restricted stock (in shares)		0.8		1.8
Weighted-average shares outstanding - diluted (in shares)	73.1	76.0	73.2	77.5
(loss) earnings per common share attributable to Jones
Basic (in dollars per share)	$ (0.05)	$ 0.11	$ (0.04)	$ 0.09
Diluted (in dollars per share)	$ (0.05)	$ 0.10	$ (0.04)	$ 0.09

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CREDIT FACILITIES (Details) (USD $) In Millions, unless otherwise specified	Jul. 06, 2013
Line of Credit Facility [Line Items]
Maximum aggregate principal amount	$ 650.0
Remaining availability for borrowings	398.5
Amount outstanding under credit facility
Letters Of Credit Outstanding	16.4
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Maximum subfacility available under the credit facility	350.0
Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Maximum subfacility available under the credit facility	50.0
Trade Letters of Credit [Member]
Line of Credit Facility [Line Items]
Maximum subfacility available under the credit facility	350.0
Domestic Line of Credit [Member]
Line of Credit Facility [Line Items]
U.S. commitment drawable by U.S. borrowers as revolving loans or letters of credit	350.0
Line Of Credit Facility Maximum Availability For Letters Of Credit Under US Commitment Denominated In Alternative Currency	150.0
Foreign Line of Credit [Member]
Line of Credit Facility [Line Items]
International commitment drawable by U.S., Canadian, or European borrowers as revolving loans or letters of credit	$ 300.0

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GOODWILL (Tables)

6 Months Ended

Jul. 06, 2013

GOODWILL [Abstract]

Schedule of Goodwill

The following table presents, by segment and in total, the carrying amount of goodwill for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Domestic Wholesale Sportswear		Domestic Wholesale Jeanswear			Domestic Wholesale Footwear & Accessories			Domestic Retail			International Wholesale			International Retail			Total
Balance, January 1, 2012
Goodwill	$	46.7	$	519.2		$	859.8		$	120.6		$	111.6		$	50.4		$	1,708.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill		46.7		-			46.6			-			111.6			50.4			255.3
Foreign currency translation effects		-		-			-			-			0.5			0.5			1.0
Balance, June 30, 2012
Goodwill		46.7		519.2			859.8			120.6			112.1			50.9			1,709.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill	$	46.7	$	-		$	46.6		$	-		$	112.1		$	50.9		$	256.3
Balance, January 1, 2013
Goodwill	$	46.7	$	519.2		$	863.0		$	120.6		$	113.5		$	52.7		$	1,715.7
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(47.4	)		(1,500.4	)
Net goodwill		46.7		-			49.8			-			113.5			5.3			215.3
Foreign currency translation effects		-		-			-			-			(3.2	)		(0.5	)		(3.7	)
Balance, July 6, 2013
Goodwill		46.7		519.2			863.0			120.6			110.3			48.8			1,708.6
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(44.0	)		(1,497.0	)
Net goodwill	$	46.7	$	-		$	49.8		$	-		$	110.3		$	4.8		$	211.6

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ACCOUNTS RECEIVABLE (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Dec. 31, 2012	Apr. 23, 2009	Jun. 24, 2009 GRI [Member]	Jun. 20, 2008 GRI [Member]
ACCOUNTS RECEIVABLE [Abstract]
Trade accounts receivable	$ 341.8	$ 352.6	$ 408.4
Allowances for doubtful accounts, returns, discounts and co-op advertising	(29.5)	(25.4)	(27.4)
Trade accounts receivable, net	312.3	327.2	381.0
Accounts, Notes, Loans and Financing Receivable [Line Items]
Ownership interest in GRI (in hundredths)	25.00%				25.00%	10.00%
Accounts receivable amounts due from GRI	11.7	17.1	15.6
Net revenues from GRI	23.6	29.4
Outstanding GRI accounts receivable converted to note				$ 10.0
Term of interest bearing convertible note				3 years

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SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION

6 Months Ended

Jul. 06, 2013

SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION [Abstract]

SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION

SUPPLEMENTAL CONDENSED FINANCIAL INFORMATION

Certain of our subsidiaries function as co-issuers (fully and unconditionally guaranteed on a joint and several basis) of the outstanding debt of The Jones Group Inc. ("Jones"), including Jones Apparel Group, USA, Inc. ("Jones USA"), Jones Apparel Group Holdings, Inc. ("Jones Holdings") and JAG Footwear, Accessories and Retail Corporation ("JAG Footwear").

The following condensed consolidating balance sheets, statements of operations, statements of consolidated comprehensive income and statements of cash flows for the "Issuers" (consisting of Jones and Jones USA, Jones Holdings, JAG Footwear, which are all our subsidiaries that act as co-issuers and co-obligors) and the "Others" (consisting of all of our other subsidiaries, excluding all obligor subsidiaries) have been prepared using the equity method of accounting in accordance with the requirements for presentation of such information.  Separate financial statements and other disclosures concerning Jones are not presented as Jones has no independent operations or assets.  There are no contractual restrictions on distributions from Jones USA, Jones Holdings or JAG Footwear to Jones.

Condensed Consolidating Balance Sheets

(In millions)

	July 6, 2013												December 31, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others		Elim- inations			Cons- olidated
ASSETS
Current assets:
Cash and cash equivalents	$	39.9		$	41.1		$	-		$	81.0		$	82.6		$	67.0	$	-		$	149.6
Accounts receivable		155.1			157.2			-			312.3			191.0			190.0		-			381.0
Inventories, primarily finished goods		295.6			245.8			(0.8	)		540.6			261.7			226.2		(1.2	)		486.7
Prepaid and refundable income taxes		21.3			1.5			(8.7	)		14.1			18.6			0.3		(13.4	)		5.5
Deferred taxes		19.9			11.6			-			31.5			17.9			15.3		-			33.2
Prepaid expenses and other current assets		26.0			24.4			(0.9	)		49.5			23.6			18.2		(1.1	)		40.7
Total current assets		557.8			481.6			(10.4	)		1,029.0			595.4			517.0		(15.7	)		1,096.7
Property, plant and equipment		58.3			201.7			-			260.0			64.6			213.5		-			278.1
Due from affiliates		-			461.9			(461.9	)		-			-			319.0		(319.0	)		-
Goodwill		49.8			161.8			-			211.6			49.9			165.4		-			215.3
Other intangibles		5.6			842.1			-			847.7			6.0			863.7		-			869.7
Deferred taxes		93.3			-			(93.3	)		-			93.0			-		(93.0	)		-
Investments in subsidiaries		1,808.7			41.5			(1,808.7	)		41.5			1,745.6			38.9		(1,745.6	)		38.9
Other assets		70.0			24.4			-			94.4			67.7			29.1		-			96.8
Total assets	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt and capital lease obligations	$	-		$	2.2		$	-		$	2.2		$	-		$	2.2	$	-		$	2.2
Current portion of acquisition consideration payable		2.3			-			-			2.3			30.3			-		-			30.3
Accounts payable		142.5			107.1			-			249.6			156.2			101.3		-			257.5
Income taxes payable		-			29.1			(29.1	)		-			22.1			12.9		(33.6	)		1.4
Accrued expenses and other current liabilities		62.5			67.3			(0.9	)		128.9			79.1			82.8		(1.1	)		160.8
Total current liabilities		207.3			205.7			(30.0	)		383.0			287.7			199.2		(34.7	)		452.2
Long-term debt		929.9			-			-			929.9			934.4			-		-			934.4
Obligations under capital leases		-			20.2			-			20.2			-			21.3		-			21.3
Income taxes payable		0.3			-			-			0.3			0.5			-		-			0.5
Deferred taxes		-			159.0			(99.3	)		59.7			-			155.7		(99.0	)		56.7
Acquisition consideration payable		4.4			-			-			4.4			6.0			-		-			6.0
Due to affiliates		461.9			-			(461.9	)		-			319.0			-		(319.0	)		-
Other noncurrent liabilities		88.3			22.3			-			110.6			93.1			25.0		-			118.1
Total liabilities		1,692.1			407.2			(591.2	)		1,508.1			1,640.7			401.2		(452.7	)		1,589.2
Redeemable noncontrolling interest		-			0.6			-			0.6			-			0.6		-			0.6
Equity:
Common stock and additional paid-in capital		522.9			929.7			(929.7	)		522.9			521.6			948.0		(948.0	)		521.6
Retained earnings		458.9			886.4			(863.3	)		482.0			477.8			793.1		(769.8	)		501.1
Accumulated other comprehensive (loss) income		(30.4	)		(9.9	)		9.9			(30.4	)		(17.9	)		2.8		(2.8	)		(17.9	)
Total Jones stockholders' equity		951.4			1,806.2			(1,783.1	)		974.5			981.5			1,743.9		(1,720.6	)		1,004.8
Noncontrolling interests		-			1.0			-			1.0			-			0.9		-			0.9
Total equity		951.4			1,807.2			(1,783.1	)		975.5			981.5			1,744.8		(1,720.6	)		1,005.7
Total liabilities and equity	$	2,643.5		$	2,215.0		$	(2,374.3	)	$	2,484.2		$	2,622.2		$	2,146.6	$	(2,173.3	)	$	2,595.5

Condensed Consolidating Statements of Operations

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	482.7		$	359.6		$	(7.1	)	$	835.2		$	516.6		$	333.7		$	(6.0	)	$	844.3
Licensing income		0.2			10.0			-			10.2			-			10.2			-			10.2
Other revenues		0.2			-			-			0.2			0.3			-			-			0.3
Total revenues		483.1			369.6			(7.1	)		845.6			516.9			343.9			(6.0	)		854.8
Cost of goods sold		326.6			223.7			(5.4	)		544.9			333.8			198.6			(3.8	)		528.6
Gross profit		156.5			145.9			(1.7	)		300.7			183.1			145.3			(2.2	)		326.2
Selling, general and administrative expenses		196.0			95.8			(1.9	)		289.9			216.2			90.3			(2.0	)		304.5
Operating (loss) income		(39.5	)		50.1			0.2			10.8			(33.1	)		55.0			(0.2	)		21.7
Net interest expense (income) and financing costs		14.1			1.3			-			15.4			9.2			(0.4	)		-			8.8
Equity in (loss) income of unconsolidated affiliate		-			(0.5	)		-			(0.5	)		-			0.4			-			0.4
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(53.6	)		48.3			0.2			(5.1	)		(42.3	)		55.8			(0.2	)		13.3
(Benefit) provision for income taxes		(18.4	)		16.7			(0.2	)		(1.9	)		(12.2	)		17.1			-			4.9
Equity in earnings of subsidiaries		32.2			-			(32.2	)		-			38.4			-			(38.4	)		-
Net (loss) income		(3.0	)		31.6			(31.8	)		(3.2	)		8.3			38.7			(38.6	)		8.4
Less: income attributable to noncontrolling interest		-			0.2			-			0.2			-			0.3			-			0.3
(Loss) income attributable to Jones	$	(3.0	)	$	31.4		$	(31.8	)	$	(3.4	)	$	8.3		$	38.4		$	(38.6	)	$	8.1

	Fiscal Six Months Ended July 6, 2013											Fiscal Six Months Ended June 30, 2012
	Issuers			Others		Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net sales	$	1,060.5		$	784.4	$	(12.1	)	$	1,832.8		$	1,087.2		$	693.3		$	(12.8	)	$	1,767.7
Licensing income		0.3			20.6		-			20.9			-			22.5			-			22.5
Other revenues		0.6			-		-			0.6			0.5			-			-			0.5
Total revenues		1,061.4			805.0		(12.1	)		1,854.3			1,087.7			715.8			(12.8	)		1,790.7
Cost of goods sold		716.3			497.4		(8.4	)		1,205.3			711.1			417.5			(7.5	)		1,121.1
Gross profit		345.1			307.6		(3.7	)		649.0			376.6			298.3			(5.3	)		669.6
Selling, general and administrative expenses		423.6			201.9		(4.2	)		621.3			422.8			189.1			(4.2	)		607.7
Operating (loss) income		(78.5	)		105.7		0.5			27.7			(46.2	)		109.2			(1.1	)		61.9
Net interest expense (income) and financing costs		28.9			2.6		-			31.5			52.4			(0.9	)		-			51.5
Equity in income of unconsolidated affiliate		-			0.1		-			0.1			-			1.3			-			1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries		(107.4	)		103.2		0.5			(3.7	)		(98.6	)		111.4			(1.1	)		11.7
(Benefit) provision for income taxes		(38.6	)		37.3		(0.1	)		(1.4	)		(28.1	)		32.8			(0.4	)		4.3
Equity in earnings of subsidiaries		66.1			-		(66.1	)		-			78.3			-			(78.3	)		-
Net (loss) income		(2.7	)		65.9		(65.5	)		(2.3	)		7.8			78.6			(79.0	)		7.4
Less: income attributable to noncontrolling interest		-			0.6		-			0.6			-			0.5			-			0.5
(Loss) income attributable to Jones	$	(2.7	)	$	65.3	$	(65.5	)	$	(2.9	)	$	7.8		$	78.1		$	(79.0	)	$	6.9

Condensed Consolidating Statements of Other Comprehensive (Loss) Income

(In millions)

	Fiscal Quarter Ended July 6, 2013												Fiscal Quarter Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net (loss) income	$	(3.0	)	$	31.6		$	(31.8	)	$	(3.2	)	$	8.3		$	38.7		$	(38.6	)	$	8.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.3			0.3			(0.3	)		0.3			0.2			0.2			(0.2	)		0.2
Pension and postretirement liability adjustments, net of tax		0.1			-			-			0.1			-			-			-			-
Foreign currency translation adjustments		(4.0	)		(4.0	)		4.0			(4.0	)		(8.2	)		(8.2	)		8.2			(8.2	)
Total other comprehensive (loss) income		(3.6	)		(3.7	)		3.7			(3.6	)		(8.0	)		(8.0	)		8.0			(8.0	)
Comprehensive (loss) income	$	(6.6	)	$	27.9		$	(28.1	)	$	(6.8	)	$	0.3		$	30.7		$	(30.6	)	$	0.4

Condensed Consolidating Statements of Other Comprehensive (Loss) Income (continued)

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers		Others		Elim- inations			Cons- olidated
Net (loss) income	$	(2.7	)	$	65.9		$	(65.5	)	$	(2.3	)	$	7.8	$	78.6	$	(79.0	)	$	7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of tax		0.5			0.5			(0.5	)		0.5			0.1		0.1		(0.1	)		0.1
Reclassification adjustment for hedge gains and losses included in net income, net of tax		(0.1	)		(0.1	)		0.1			(0.1	)		0.1		0.1		(0.1	)		0.1
Pension and postretirement liability adjustments, net of tax		0.3			-			-			0.3			-		-		-			-
Foreign currency translation adjustments		(13.2	)		(13.2	)		13.2			(13.2	)		1.1		1.1		(1.1	)		1.1
Total other comprehensive (loss) income		(12.5	)		(12.8	)		12.8			(12.5	)		1.3		1.3		(1.3	)		1.3
Comprehensive (loss) income	$	(15.2	)	$	53.1		$	(52.7	)	$	(14.8	)	$	9.1	$	79.9	$	(80.3	)	$	8.7

Condensed Consolidating Statements of Cash Flows

(In millions)

	Fiscal Six Months Ended July 6, 2013												Fiscal Six Months Ended June 30, 2012
	Issuers			Others			Elim- inations			Cons- olidated			Issuers			Others			Elim- inations			Cons- olidated
Net cash (used in) provided by operating activities	$	(4.0	)	$	12.4		$	(6.6	)	$	1.8		$	58.7		$	71.2		$	(5.9	)	$	124.0
Cash flows from investing activities:
Capital expenditures		(7.1	)		(22.2	)		-			(29.3	)		(9.0	)		(29.2	)		-			(38.2	)
Notes receivable issued		(6.1	)		(0.4	)		-			(6.5	)		-			-			-			-
Payments related to acquisition of Brian Atwood		(0.5	)		-			-			(0.5	)		-			-			-			-
Contingent consideration paid related to investment in GRI		-			-			-			-			-			(3.5	)		-			(3.5	)
Other		-			0.4			-			0.4			-			(0.1	)		-			(0.1	)
Net cash used in investing activities		(13.7	)		(22.2	)		-			(35.9	)		(9.0	)		(32.8	)		-			(41.8	)
Cash flows from financing activities:
Costs related to revolving credit agreement		(0.3	)		-			-			(0.3	)		(0.3	)		-			-			(0.3	)
Dividends paid		(7.8	)		(6.6	)		6.6			(7.8	)		(7.9	)		(5.9	)		5.9			(7.9	)
Repurchase of common shares		(14.5	)		-			-			(14.5	)		(29.0	)		-			-			(29.0	)
Payments of acquisition consideration payable		(2.5	)		(6.9	)		-			(9.4	)		-			(7.5	)		-			(7.5	)
Other items, net		0.1			(1.6	)		-			(1.5	)		2.3			(1.3	)		-			1.0
Net cash used in financing activities		(25.0	)		(15.1	)		6.6			(33.5	)		(34.9	)		(14.7	)		5.9			(43.7	)
Effect of exchange rates on cash		-			(1.0	)		-			(1.0	)		-			(0.2	)		-			(0.2	)
Net (decrease) increase in cash and cash equivalents		(42.7	)		(25.9	)		-			(68.6	)		14.8			23.5			-			38.3
Cash and cash equivalents, beginning		82.6			67.0			-			149.6			195.8			43.0			-			238.8
Cash and cash equivalents, ending	$	39.9		$	41.1		$	-		$	81.0		$	210.6		$	66.5		$	-		$	277.1

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) (Parenthetical) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
Other comprehensive (loss) income:
Tax provision, Change in fair value of cash flow hedges	$ 0.1	$ 0.1	$ 0.2	$ 0.1
Tax (benefit) provision, Reclassification adjustment for hedge gains and losses included in net (loss) income	(0.1)	0	(0.1)	0
Tax benefit, Pension and postretirement liability adjustments	$ 0.1	$ 0	$ 0.2	$ 0

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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) [Abstract]
Dividends on common stock (in dollars per share)	$ 0.05	$ 0.05	$ 0.10	$ 0.10

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EARNINGS PER SHARE

6 Months Ended

Jul. 06, 2013

EARNINGS PER SHARE [Abstract]

(LOSS) EARNINGS PER SHARE [Text Block]

(LOSS) EARNINGS PER SHARE

The computation of basic and diluted (loss) earnings per share is as follows:

(In millions, except per share amounts)	Fiscal Quarter Ended					Fiscal Six Months Ended
	July 6, 2013			June 30, 2012		July 6, 2013			June 30, 2012
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
Weighted-average shares outstanding - basic		73.1			75.2		73.2			75.7
Effect of dilutive employee restricted stock		-			0.8		-			1.8
Weighted-average shares outstanding - diluted		73.1			76.0		73.2			77.5
(Loss) earnings per common share attributable to Jones
Basic	$	(0.05	)	$	0.11	$	(0.04	)	$	0.09
Diluted		(0.05	)		0.10		(0.04	)		0.09

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013	Jun. 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 restricted stock	14.6	13.3
Depreciation and other amortization	43.1	44.5
Impairment losses	6.8	0.4
Losses on disposal of property, plant and equipment	1.7	2.8
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)
Fair value adjustments related to interest rate swaps and cap	0	1.4
Other items, net	8.5	(0.4)
Changes in operating assets and liabilities:
Accounts receivable	65.3	22.2
Inventories	(60.0)	24.1
Prepaid expenses and other current assets	(8.1)	(21.1)
Other assets	3.7	8.1
Accounts payable	(5.6)	(3.8)
Income taxes payable/ prepaid income taxes	(11.0)	6.7
Accrued expenses and other current liabilities	(30.6)	(10.6)
Acquisition consideration payable	(20.5)	(0.8)
Other liabilities	(6.9)	19.1
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)	0
Payments related to acquisition of Brian Atwood	(0.5)	0
Contingent consideration paid related to investment in GRI		(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)
Repurchases of common shares	(14.5)	(29.0)
Payments of acquisition consideration payable	(9.4)	(7.5)
Other items, net	(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

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ACQUISITIONS (Details) (USD $) In Millions, unless otherwise specified	0 Months Ended	6 Months Ended
	Jul. 02, 2012	Jul. 06, 2013	Dec. 31, 2012	Jun. 30, 2012	Dec. 31, 2011
Business Acquisition [Line Items]
Cost of acquired entity, Cash Paid	$ 5.0	$ 0.5
Business acquisition, amount of purchase price deferred	0.5
Intangible assets:
Goodwill		211.6	215.3	256.3	255.3
Gross contractual accounts receivable acquired	0.5
Atwood Italia S.r.l. [Member]
Business Acquisition [Line Items]
Percentage of equity interests acquired (in hundredths)	100.00%
Brian Atwood Related Intellectual Property [Member]
Business Acquisition [Line Items]
Percentage of equity interests acquired (in hundredths)	80.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners (in hundredths)	20.00%
Intangible assets:
Date of acquisition	Jul. 02, 2012
Brian Atwood [Member]
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Cash	0.6
Accounts receivable	0.5
Other current assets	0.4
Property, plant and equipment	0.1
Intangible assets:
Goodwill	3.2
Total assets acquired	13.4
Accounts payable	1.7
Notes payable	2.8
Other current liabilities	1.8
Deferred taxes	0.3
Other long-term liabilities	0.1
Total liabilities assumed	6.7
Fair value of noncontrolling interest	1.2
Total purchase price	5.5
Brian Atwood [Member] | Trademarks [Member]
Intangible assets:
Finite-live intangible assets	7.5
Weighted-average amortization life	240 months
Brian Atwood [Member] | Customer Relationships [Member]
Intangible assets:
Finite-live intangible assets	0.4
Weighted-average amortization life	6 months
Brian Atwood [Member] | Order Backlog [Member]
Intangible assets:
Finite-live intangible assets	$ 0.7
Weighted-average amortization life	3 months

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ACQUISITIONS (Tables)

6 Months Ended

Jul. 06, 2013

ACQUISITIONS [Abstract]

Schedule of Business Acquisitions

The following table summarizes the fair values of the assets acquired and liabilities assumed from Brian Atwood on July 2, 2012.

(In millions)	Weighted-average amortization life (in months)		FairValue
Cash			$	0.6
Accounts receivable				0.5
Other current assets				0.4
Property, plant and equipment				0.1
Intangible assets:
Trademarks		240		7.5
Goodwill				3.2
Customer relationships		6		0.4
Order backlog		3		0.7
Total assets acquired				13.4
Accounts payable				1.7
Notes payable				2.8
Other current  liabilities				1.8
Deferred taxes				0.3
Other long-term liabilities				0.1
Total liabilities assumed				6.7
Fair value of noncontrolling interest				1.2
Total purchase price			$	5.5

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FAIR VALUES (Tables)

6 Months Ended

Jul. 06, 2013

FAIR VALUES [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

In accordance with the fair value hierarchy described above, the following table shows the fair value of our financial assets and liabilities that are required to be measured at fair value on a recurring basis at June 30, 2012, December 31, 2012 and July 6, 2013.

(In millions) Description	Classification	Total Value		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
June 30, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.0	$	8.0	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.1		-		0.1		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	8.2	$	8.0	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.0	$	8.0	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		216.7		-		-		216.7
Acquisition consideration	Acquisition consideration payable, net of current portion		4.8		-		-		4.8
Total liabilities		$	229.7	$	8.2	$	-	$	221.5
December 31, 2012:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.4	$	8.4	$	-	$	-
Interest rate cap	Other long-term assets		-		-		-		-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		-		-		-		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.2		-		0.2		-
Total assets		$	8.6	$	8.4	$	0.2	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.4	$	8.4	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.2		0.2		-		-
Acquisition consideration	Current portion of acquisition consideration payable		30.3		-		-		30.3
Acquisition consideration	Acquisition consideration payable, net of current portion		6.0		-		-		6.0
Total liabilities		$	44.9	$	8.6	$	-	$	36.3
July 6, 2013:
Rabbi Trust assets	Prepaid expenses and other current assets	$	8.5	$	8.5	$	-	$	-
British Pound – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.8		-		0.8		-
Canadian Dollar – U.S. Dollar forward contracts	Prepaid expenses and other current assets		0.6		-		0.6		-
Interest rate cap	Other long-term assets		-		-		-		-
Total assets		$	9.9	$	8.5	$	1.4	$	-
Rabbi Trust liabilities	Accrued employee compensation and benefits	$	8.5	$	8.5	$	-	$	-
Deferred director fees	Accrued expenses and other current liabilities		0.3		0.3		-		-
Acquisition consideration	Current portion of acquisition consideration payable		2.3		-		-		2.3
Acquisition consideration	Acquisition consideration payable, net of current portion		4.4		-		-		4.4
Total liabilities		$	15.5	$	8.8	$	-	$	6.7

Changes in Level 3 contingent consideration liability

The following table presents the changes in Level 3 contingent consideration liability for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Acquisition of Moda			Acquisition of SWH			Total Acquisition Consideration Payable
Beginning balance, January 1, 2012	$	14.8		$	195.6		$	210.4
Payments		(3.5	)		(4.8	)		(8.3	)
Total adjustments included in earnings		(4.1	)		23.5			19.4
Balance, June 30, 2012	$	7.2		$	214.3		$	221.5
Beginning balance, January 1, 2013	$	7.4		$	28.9		$	36.3
Payments		(2.5	)		(27.4	)		(29.9	)
Total adjustments included in earnings		0.8			(0.5	)		0.3
Balance, July 6, 2013	$	5.7		$	1.0		$	6.7

Quantitative information about Level 3 contingent consideration liability measurements

The following table represents quantitative information about the Level 3 contingent consideration liability measurement for the acquisition of Moda at July 6, 2013.

(In millions)	Fair Value at July 6, 2013		Valuation technique	Unobservable inputs	Range (Weighted Average)
Acquisition of Moda	$	5.7	Discounted projection of financial results	Net sales growth Gross margin multiplier Discount rate	12% - 71% (49.4%) 1.31 – 1.38 (1.34) 12.0%

Fair Value Measurements, Assets and Liabilities Measured on a Nonrecurring Basis

In accordance with the fair value hierarchy described above, the following table shows the fair value of our non-financial assets and liabilities that were required to be measured at fair value on a nonrecurring basis at June 30, 2012 and July 6, 2013, and the total losses recorded as a result of the remeasurement process.

(In millions)				Fair Value Measurements Using
Description	Carrying Value			Quoted prices in active markets for identical assets (Level 1)			Significant other observable inputs (Level 2)			Significant unobserv-able inputs (Level 3)			Total losses recorded for the fiscal six months
At June 30, 2012:
Property and equipment		$	-		$	-		$	-		$	-		$	0.4
At July 6, 2013:
Property and equipment			0.8			-			-			0.8			6.8

Fair value of financial assets and liabilities

At July 6, 2013, June 30, 2012 and December 31, 2012, the fair values of cash and cash equivalents, receivables and accounts payable approximated their carrying values due to the short-term nature of these instruments.  The estimated fair values of other financial instruments subject to fair value disclosures were valued using market comparable inputs.  These inputs include broker quotes, quoted market prices, interest rates and exchange rates for the same or similar instruments.  The fair value and related carrying amounts for items not disclosed elsewhere are as follows:

(In millions)	July 6, 2013								June 30, 2012						December 31, 2012
	Fair Value Level		Carrying Amount			Fair Value			Carrying Amount			Fair Value			Carrying Amount			Fair Value
Senior Notes, including hedged items recorded at fair value		1		$	920.6		$	877.3		$	824.4		$	732.5		$	924.3		$	884.5
Other long-term debt, including current portion		2			9.4			8.5			9.9			8.7			10.2			9.3
Notes receivable		2			6.5			5.6			2.8			1.7			-			-

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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Jul. 06, 2013

ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]

Changes in accumulated other comprehensive (loss) income by component

Changes in Accumulated Other Comprehensive (Loss) Income by Component

(In millions)	Gains (Losses) on Cash Flow Hedges			Defined Benefit Pension Items			Foreign Currency Translation			Total
For the fiscal quarter ended July 6, 2013:
Balance, April 7, 2013	$	0.2		$	(23.4	)	$	(3.6	)	$	(26.8	)
Other comprehensive (loss) income before reclassifications		0.3			-			(4.0	)		(3.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.1			-			0.1
Net comprehensive (loss) income		0.3			0.1			(4.0	)		(3.6	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal quarter ended June 30, 2012:
Balance, April 1, 2012	$	-		$	(23.5	)	$	3.2		$	(20.3	)
Other comprehensive (loss) income before reclassifications		0.2			(0.3	)		(8.2	)		(8.3	)
Amounts reclassified from accumulated other comprehensive (loss) income		-			0.3			-			0.3
Net comprehensive (loss) income		0.2			-			(8.2	)		(8.0	)
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)
For the fiscal six months ended July 6, 2013:
Balance, January 1, 2013	$	0.1		$	(23.6	)	$	5.6		$	(17.9	)
Other comprehensive (loss) income before reclassifications		0.5			-			(13.2	)		(12.7	)
Amounts reclassified from accumulated other comprehensive (loss) income		(0.1	)		0.3			-			0.2
Net comprehensive (loss) income		0.4			0.3			(13.2	)		(12.5	)
Balance, July 6, 2013	$	0.5		$	(23.3	)	$	(7.6	)	$	(30.4	)
For the fiscal six months ended June 30, 2012:
Balance, January 1, 2012	$	-		$	(23.5	)	$	(6.1	)	$	(29.6	)
Other comprehensive (loss) income before reclassifications		0.1			(0.7	)		1.1			0.5
Amounts reclassified from accumulated other comprehensive (loss) income		0.1			0.7			-			0.8
Net comprehensive (loss) income		0.2			-			1.1			1.3
Balance, June 30, 2012	$	0.2		$	(23.5	)	$	(5.0	)	$	(28.3	)

Reclassifications out of accumulated other comprehensive (loss) income

Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

(In millions)	Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
	For the Fiscal Quarter Ended July 6, 2013			For the Fiscal Quarter Ended June 30, 2012			For the Fiscal Six Months Ended July 6, 2013			For the Fiscal Six Months Ended June 30, 2012			Line Item in the Statement of Operations
(Gains) losses on cash flow hedges
Foreign exchange contracts	$	(0.1	)	$	-		$	(0.2	)	$	0.1		Cost of goods sold
Tax provision		0.1			-			0.1			-		(Benefit) provision for income taxes
Total, net of tax	$	-		$	-		$	(0.1	)	$	0.1
Amortization of defined benefit pension items
Actuarial (gains) losses	$	0.2		$	0.6		$	0.5		$	1.1		Selling, general and administrative expenses
Tax benefit		(0.1	)		(0.3	)		(0.2	)		(0.4	)	(Benefit) provision for income taxes
Total, net of tax	$	0.1		$	0.3		$	0.3		$	0.7

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SEGMENT INFORMATION (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013 Segment	Jun. 30, 2012
Segment Reporting Information [Line Items]
Number of reportable segments			6
Revenues	$ 845.6	$ 854.8	$ 1,854.3	$ 1,790.7
Segment income (loss)	10.8	21.7	27.7	61.9
Net interest expense	(15.4)	(8.8)	(31.5)	(51.5)
Equity in income (loss) of unconsolidated affiliate	(0.5)	0.4	0.1	1.3
(Loss) income before (benefit) provision for income taxes and equity in earnings of subsidiaries	(5.1)	13.3	(3.7)	11.7
Operating Segments [Member] | Licensing, Other and Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	10.2	10.2	20.9	22.5
Segment income (loss)	(0.7)	(3.0)	(12.5)	(3.5)
Operating Segments [Member] | International Wholesale [Member]
Segment Reporting Information [Line Items]
Revenues	88.7	75.4	162.0	148.8
Segment income (loss)	10.9	9.7	16.5	19.6
Operating Segments [Member] | International Retail [Member]
Segment Reporting Information [Line Items]
Revenues	101.1	97.3	185.3	175.2
Segment income (loss)	0.2	3.7	(8.0)	(1.3)
Operating Segments [Member] | Domestic Wholesale Sportswear [Member]
Segment Reporting Information [Line Items]
Revenues	133.3	174.8	349.9	408.4
Segment income (loss)	(9.4)	8.9	0.8	32.2
Operating Segments [Member] | Domestic Wholesale Jeanswear [Member]
Segment Reporting Information [Line Items]
Revenues	182.6	151.0	439.1	335.8
Segment income (loss)	14.2	7.0	48.5	23.6
Operating Segments [Member] | Domestic Wholesale Footwear & Accessories [Member]
Segment Reporting Information [Line Items]
Revenues	181.6	195.5	422.9	421.3
Segment income (loss)	0.5	(1.6)	22.4	16.7
Operating Segments [Member] | Domestic Retail [Member]
Segment Reporting Information [Line Items]
Revenues	148.1	150.6	274.2	278.7
Segment income (loss)	$ (4.9)	$ (3.0)	$ (40.0)	$ (25.4)

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LONG-TERM DEBT (Details) (Additional Senior Notes due 2019 [Member], USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Sep. 25, 2012
Additional Senior Notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes due 2019		$ 100.0
Senior Notes due 2019, stated rate (in hundredths)		6.875%
Net proceeds from issuance of Senior Notes due 2019	100.9
Bond premium		$ 3.5

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GOODWILL (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Goodwill [Line Items]
Goodwill Gross	$ 1,708.6	$ 1,709.3	$ 1,715.7	$ 1,708.3
Accumulated impairment losses	(1,497.0)	(1,453.0)	(1,500.4)	(1,453.0)
Net goodwill	211.6	256.3	215.3	255.3
Foreign currency translation effects	(3.7)	1.0
International Wholesale [Member]
Goodwill [Line Items]
Goodwill Gross	110.3	112.1	113.5	111.6
Accumulated impairment losses
Net goodwill	110.3	112.1	113.5	111.6
Foreign currency translation effects	(3.2)	0.5
International Retail [Member]
Goodwill [Line Items]
Goodwill Gross	48.8	50.9	52.7	50.4
Accumulated impairment losses	(44.0)		(47.4)
Net goodwill	4.8	50.9	5.3	50.4
Foreign currency translation effects	(0.5)	0.5
Domestic Wholesale Sportswear [Member]
Goodwill [Line Items]
Goodwill Gross	46.7	46.7	46.7	46.7
Accumulated impairment losses
Net goodwill	46.7	46.7	46.7	46.7
Foreign currency translation effects
Domestic Wholesale Jeanswear [Member]
Goodwill [Line Items]
Goodwill Gross	519.2	519.2	519.2	519.2
Accumulated impairment losses	(519.2)	(519.2)	(519.2)	(519.2)
Net goodwill
Foreign currency translation effects
Domestic Wholesale Footwear & Accessories [Member]
Goodwill [Line Items]
Goodwill Gross	863.0	859.8	863.0	859.8
Accumulated impairment losses	(813.2)	(813.2)	(813.2)	(813.2)
Net goodwill	49.8	46.6	49.8	46.6
Foreign currency translation effects
Domestic Retail [Member]
Goodwill [Line Items]
Goodwill Gross	120.6	120.6	120.6	120.6
Accumulated impairment losses	(120.6)	(120.6)	(120.6)	(120.6)
Net goodwill
Foreign currency translation effects

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CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $) In Millions, except Per Share data, unless otherwise specified	Jul. 06, 2013	Dec. 31, 2012	Jun. 30, 2012
ASSETS
Property, plant and equipment, accumulated depreciation and amortization	$ 579.2	$ 565.3	$ 590.2
EQUITY:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1.0	1.0	1.0
Preferred stock, shares issued (in shares)
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	200.0	200.0	200.0
Common stock, shares issued (in shares)	79.7	79.2	80.2

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ACCOUNTS RECEIVABLE

6 Months Ended

Jul. 06, 2013

ACCOUNTS RECEIVABLE [Abstract]

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

Accounts receivable consist of the following:

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
Trade accounts receivable	$	341.8		$	352.6		$	408.4
Allowances for doubtful accounts, returns, discounts and co-op advertising		(29.5	)		(25.4	)		(27.4	)
	$	312.3		$	327.2		$	381.0

Due to our 25% ownership interest in GRI, GRI is deemed to be a related party.  Included in accounts receivable are amounts due from GRI in the amount of $11.7 million, $17.1 million and $15.6 million at July 6, 2013, June 30, 2012 and December 31, 2012, respectively.  Net revenues from GRI amounted to $23.6 million and $29.4 million for the fiscal six months ended July 6, 2013 and June 30, 2012, respectively.  On April 23, 2009, we converted $10.0 million of the outstanding GRI accounts receivable to a three-year interest-bearing convertible note.  This note was repaid on April 20, 2012.

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) [Abstract]
Net (loss) income	$ (3.2)	$ 8.4	$ (2.3)	$ 7.4
Other comprehensive (loss) income:
Change in fair value of cash flow hedges, net of $0.1, $0.1, $0.2 and $0.1 tax provision	0.3	0.2	0.5	0.1
Reclassification adjustment for hedge gains and losses included in net (loss) income, net of $(0.1), $0.0, $(0.1) and $0.0 tax (benefit) provision	0	0	(0.1)	0.1
Pension and postretirement liability adjustments, net of $0.1, $0.0, $0.2 and $0.0 tax benefit	0.1	0	0.3	0
Foreign currency translation adjustments	(4.0)	(8.2)	(13.2)	1.1
Total other comprehensive (loss) income	(3.6)	(8.0)	(12.5)	1.3
Comprehensive (loss) income	$ (6.8)	$ 0.4	$ (14.8)	$ 8.7

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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Millions, unless otherwise specified	Jul. 06, 2013	Dec. 31, 2012	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 81.0	$ 149.6	$ 277.1
Accounts receivable	312.3	381.0	327.2
Inventories, primarily finished goods	540.6	486.7	467.5
Prepaid and refundable income taxes	14.1	5.5	1.4
Deferred taxes	31.5	33.2	27.7
Prepaid expenses and other current assets	49.5	40.7	59.1
Total current assets	1,029.0	1,096.7	1,160.0
Property, plant and equipment, at cost, less accumulated depreciation and amortization of $579.2, $590.2 and $565.3	260.0	278.1	271.4
Goodwill	211.6	215.3	256.3
Other intangibles, at cost, less accumulated amortization	847.7	869.7	891.8
Investment in unconsolidated affiliate	41.5	38.9	38.4
Other assets	94.4	96.8	91.0
Total assets	2,484.2	2,595.5	2,708.9
Current Liabilities:
Current portion of long-term debt and capital lease obligations	2.2	2.2	2.1
Current portion of acquisition consideration payable	2.3	30.3	216.7
Accounts payable	249.6	257.5	232.7
Income taxes payable		1.4	4.6
Accrued employee compensation and benefits	31.6	50.0	36.4
Accrued expenses and other current liabilities	97.3	110.8	98.7
Total current liabilities	383.0	452.2	591.2
Long-term debt	929.9	934.4	834.2
Obligations under capital leases	20.2	21.3	22.3
Income taxes payable	0.3	0.5	0.5
Deferred taxes	59.7	56.7	69.6
Acquisition consideration payable	4.4	6.0	4.8
Other noncurrent liabilities	110.6	118.1	112.4
Total liabilities	1,508.1	1,589.2	1,635.0
Commitments and contingencies
Redeemable noncontrolling interest	0.6	0.6
Equity:
Preferred stock, $.01 par value - shares authorized 1.0; none issued
Common stock, $.01 par value - shares authorized 200.0; issued 79.7, 80.2 and 79.2	0.8	0.8	0.8
Additional paid-in capital	522.1	520.8	521.3
Retained earnings	482.0	501.1	579.8
Accumulated other comprehensive loss	(30.4)	(17.9)	(28.3)
Total Jones stockholders' equity	974.5	1,004.8	1,073.6
Noncontrolling interests	1.0	0.9	0.3
Total equity	975.5	1,005.7	1,073.9
Total liabilities and equity	$ 2,484.2	$ 2,595.5	$ 2,708.9

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DERIVATIVES Part I (Details) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended																						18 Months Ended		3 Months Ended
	Jul. 06, 2013 USD ($)	Jun. 30, 2012 USD ($)	Jul. 06, 2013 USD ($)	Jun. 30, 2012 USD ($)	Jul. 06, 2013 Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Not Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Not Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Not Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Interest Rate Swaps [Member] Other Long-term Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Interest Rate Swaps [Member] Other Long-term Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Interest Rate Swaps [Member] Other Long-term Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Foreign Exchange Contract [Member] Prepaid Expenses and Other Current Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Interest Rate Cap [Member] Other Long-term Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2012 Interest Rate Cap [Member] Other Long-term Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2012 Interest Rate Cap [Member] Other Long-term Assets [Member] Not Designated as Hedging Instrument [Member] USD ($)	Jul. 06, 2013 Canadian Dollar U.S. Dollar Forward Contracts [Member] USD ($)	Jul. 06, 2013 British Pound - U.S. Dollar Forward Exchange Contracts [Member] GBP (£)	Jun. 08, 2012 Interest Rate Swaps on 2014 Notes [Member] USD ($)	Dec. 17, 2010 Interest Rate Swaps on 2014 Notes [Member] USD ($) Contract	May 31, 2012 Interest Rate Swaps on 2019 Notes [Member] USD ($)	Mar. 21, 2012 Interest Rate Swaps on 2019 Notes [Member] USD ($) Contract	Jul. 06, 2013 Canadian Dollar U.S. Dollar Forward Contracts [Member] USD ($)	Dec. 31, 2012 Canadian Dollar U.S. Dollar Forward Contracts [Member] USD ($)	Jun. 30, 2012 Canadian Dollar U.S. Dollar Forward Contracts [Member] USD ($)	Jul. 06, 2013 British Pound - U.S. Dollar Forward Exchange Contracts [Member] GBP (£)	Dec. 31, 2012 British Pound - U.S. Dollar Forward Exchange Contracts [Member] GBP (£)	Jun. 30, 2012 British Pound - U.S. Dollar Forward Exchange Contracts [Member] GBP (£)
Derivative [Line Items]
Number of interest rate swap transactions																										3		3
Amount of hedged item related to derivative																										$ 250.0		$ 150.0
Fixed interest rate related to derivative (in hundredths)																										5.125%		6.875%
Derivative, Description of Variable Rate Basis																									three-month LIBOR		one-month LIBOR
Percentage point added to the reference rate (in hundredths)																										3.46%		5.195%
Amount received upon termination of swaps																									5.7		3.5
(Decrease) increase in interest expense due to ineffectiveness of interest rate swaps	0	(0.2)	0	1.3
Increase in interest expense related to changes in the fair value of interest rate caps	0	0	0	0.2
Net (decrease) increase in interest expense related to derivatives	0	(0.2)	0	1.5
Notional amounts of foreign exchange contracts outstanding																							9.7	6.0					9.7	16.1	10.2	6.0	6.0	3.0
Derivatives, Fair Value [Line Items]
Derivative Assets					$ 0.6	$ 0.2	$ 0.1	$ 0.8		$ 0.1				$ 0.6	$ 0.2	$ 0.1	$ 0.8		$ 0.1

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ACCOUNTS RECEIVABLE (Tables)

6 Months Ended

Jul. 06, 2013

ACCOUNTS RECEIVABLE [Abstract]

Schedule of accounts receivable

Accounts receivable consist of the following:

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
Trade accounts receivable	$	341.8		$	352.6		$	408.4
Allowances for doubtful accounts, returns, discounts and co-op advertising		(29.5	)		(25.4	)		(27.4	)
	$	312.3		$	327.2		$	381.0

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SEGMENT INFORMATION

6 Months Ended

Jul. 06, 2013

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We identify operating segments based on, among other things, differences in products sold and the way our management organizes the components of our business for purposes of allocating resources and assessing performance.  Our operations are comprised of six reportable segments: domestic wholesale sportswear, domestic wholesale jeanswear, domestic wholesale footwear and accessories, domestic retail, international wholesale and international retail.  Segment revenues are generated from the sale of apparel, footwear and accessories through wholesale channels and our own retail locations.  The wholesale segments include wholesale operations with third party department and other retail stores, the retail segments include operations by our own stores, concession locations and e-commerce web sites, and income and expenses related to trademarks, licenses and general corporate functions are reported under "licensing, other and eliminations."

We define segment income as operating income before net interest expense, goodwill impairment charges, gains or losses on sales of subsidiaries, equity in earnings of unconsolidated affiliates and income taxes.  Sales and transfers between segments generally are recorded at cost and treated as transfers of inventory, which are not reviewed by management when evaluating segment performance.  The wholesale segments allocate to the retail segments a portion of their SG&A costs related to the inventory transferred to those divisions where the retail operations benefit from those costs.

Summarized below are our revenues and income by reportable segment for the fiscal quarters and six months ended July 6, 2013 and June 30, 2012.  We are an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets.  Therefore, we do not represent that these segments, if operated independently, would report the operating profit and other financial information shown below.

(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
Net interest expense																					(15.4	)
Equity in loss of unconsolidated affiliate																					(0.5	)
Loss before benefit for income taxes																				$	(5.1	)
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
Net interest expense																					(8.8	)
Equity in income of unconsolidated affiliate																					0.4
Income before provision for income taxes																				$	13.3
For the fiscal six months ended July 6, 2013
Revenues	$	349.9		$	439.1	$	422.9		$	274.2		$	162.0	$	185.3		$	20.9		$	1,854.3
Segment income (loss)	$	0.8		$	48.5	$	22.4		$	(40.0	)	$	16.5	$	(8.0	)	$	(12.5	)		27.7
Net interest expense																					(31.5	)
Equity in income of unconsolidated affiliate																					0.1
Loss before benefit for income taxes																				$	(3.7	)
For the fiscal six months ended June 30, 2012
Revenues	$	408.4		$	335.8	$	421.3		$	278.7		$	148.8	$	175.2		$	22.5		$	1,790.7
Segment income (loss)	$	32.2		$	23.6	$	16.7		$	(25.4	)	$	19.6	$	(1.3	)	$	(3.5	)		61.9
Net interest expense																					(51.5	)
Equity in income of unconsolidated affiliate																					1.3
Income before provision for income taxes																				$	11.7

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ACCRUED RESTRUCTURING COSTS (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013 Employee Store	Jun. 30, 2012 Store	Dec. 31, 2012 Store
Jewelry [Member]
Restructuring Reserve [Roll Forward]
Net accrual reported as accrued expenses and other current liabilities	$ 0.4	$ 0.4
Net accrual reported as other noncurrent liabilities	0.8	1.1
Jewelry [Member] | Lease Obligations [Member]
Restructuring Reserve [Roll Forward]
Balance	1.4	1.5
Additions		0.2
Payments and reductions	(0.2)	(0.2)
Balance	1.2	1.5
Retail Stores [Member]
Restructuring Reserve [Roll Forward]
Net accrual reported as accrued expenses and other current liabilities	2.9	1.7
Net accrual reported as other noncurrent liabilities		0.2
Number of Retail Stores Closed	40	70
Additional expected store closures announced	120		50
Expected number of terminated employees receiving benefits	2,950
Expected total termination benefits and associated employee costs	14.2
Impairment losses recorded	6.0	0.4
Retail Stores [Member] | One-time Termination Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance	0.9	1.3
Additions	3.2	1.9
Payments and reductions	(1.2)	(1.3)
Balance	2.9	1.9
Other Cost Reduction Initiatives [Member]
Restructuring Reserve [Roll Forward]
Net accrual reported as accrued expenses and other current liabilities	2.0
Expected number of terminated employees receiving benefits	100
Employee termination costs to be accrued in future periods	0.1
Expected total termination benefits and associated employee costs	4.3
Other Cost Reduction Initiatives [Member] | One-time Termination Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance	0
Additions	4.2
Payments and reductions	(2.2)
Balance	$ 2.0

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PENSION PLANS (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 0.6	$ 0.6	$ 1.2	$ 1.2
Expected return on plan assets	(0.8)	(0.7)	(1.5)	(1.3)
Amortization of net loss	0.3	0.6	0.5	1.1
Net periodic benefit cost	0.1	0.5	0.2	1.0
Employer contribution to defined benefit pension plan			1.3
Anticipated employer contributions in fiscal year			$ 4.8

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BASIS OF PRESENTATION (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012	Jul. 06, 2013	Jun. 30, 2012
BASIS OF PRESENTATION [Abstract]
Distribution costs included in SG&A expenses	$ 21.1	$ 21.1	$ 46.9	$ 44.7

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PENSION PLANS (Tables)

6 Months Ended

Jul. 06, 2013

PENSION PLANS [Abstract]

Components of Net Periodic Benefit Cost

Components of Net Periodic Benefit Cost

(In millions)	Fiscal Quarter Ended						Fiscal Six Months Ended
	July 6, 2013			June 30, 2012			July 6, 2013			June 30, 2012
Interest cost	$	0.6		$	0.6		$	1.2		$	1.2
Expected return on plan assets		(0.8	)		(0.7	)		(1.5	)		(1.3	)
Amortization of net loss		0.3			0.6			0.5			1.1
Net periodic benefit cost	$	0.1		$	0.5		$	0.2		$	1.0

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SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 06, 2013

SEGMENT INFORMATION [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Summarized below are our revenues and income by reportable segment for the fiscal quarters and six months ended July 6, 2013 and June 30, 2012.  We are an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets.  Therefore, we do not represent that these segments, if operated independently, would report the operating profit and other financial information shown below.

(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
Net interest expense																					(15.4	)
Equity in loss of unconsolidated affiliate																					(0.5	)
Loss before benefit for income taxes																				$	(5.1	)
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
Net interest expense																					(8.8	)
Equity in income of unconsolidated affiliate																					0.4
Income before provision for income taxes																				$	13.3
For the fiscal six months ended July 6, 2013
Revenues	$	349.9		$	439.1	$	422.9		$	274.2		$	162.0	$	185.3		$	20.9		$	1,854.3
Segment income (loss)	$	0.8		$	48.5	$	22.4		$	(40.0	)	$	16.5	$	(8.0	)	$	(12.5	)		27.7
Net interest expense																					(31.5	)
Equity in income of unconsolidated affiliate																					0.1
Loss before benefit for income taxes																				$	(3.7	)
For the fiscal six months ended June 30, 2012
Revenues	$	408.4		$	335.8	$	421.3		$	278.7		$	148.8	$	175.2		$	22.5		$	1,790.7
Segment income (loss)	$	32.2		$	23.6	$	16.7		$	(25.4	)	$	19.6	$	(1.3	)	$	(3.5	)		61.9
Net interest expense																					(51.5	)
Equity in income of unconsolidated affiliate																					1.3
Income before provision for income taxes																				$	11.7

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EQUITY METHOD INVESTMENTS

6 Months Ended

Jul. 06, 2013

EQUITY METHOD INVESTMENTS [Abstract]

EQUITY-METHOD INVESTMENTS

EQUITY METHOD INVESTMENTS

On June 20, 2008, we acquired a 10% equity interest in GRI Group Limited ("GRI"), an international accessories and apparel brand management and retail-distribution network, for $20.2 million.  On June 24, 2009, we increased our equity interest to 25% for an additional $15.2 million.  The selling shareholders of GRI were entitled to receive an additional cash payment equaling 60% of the amount of GRI's fiscal year 2011 net income that exceeded a certain threshold, and on June 21, 2012, we made a cash payment to them of $3.5 million in satisfaction of the obligation.  GRI is the exclusive licensee of several of our brands in Asia, including Nine West, Anne Klein, AK Anne Klein, Easy Spirit, Enzo Angiolini and Joan & David.  GRI also distributes other women's apparel, shoes and accessory brands not owned by us.  See "Related Party Transactions" for additional information regarding GRI.

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ACCRUED RESTRUCTURING COSTS (Tables)

6 Months Ended

Jul. 06, 2013

ACCRUED RESTRUCTURING COSTS [Abstract]

Details of Jewelry Restructuring

During 2009, we decided to discontinue the domestic manufacturing, product development and sourcing activities of our jewelry business, and also announced the closing of our jewelry distribution center during 2010.  We accrued $0.2 million of lease termination costs in the fiscal six months ended June 30, 2012.  The details of the jewelry restructuring accruals are as follows:

(In millions)	Lease obligations
Balance, January 1, 2012	$	1.5
Additions		0.2
Payments and reductions		(0.2	)
Balance, June 30, 2012	$	1.5
Balance, January 1, 2013	$	1.4
Payments and reductions		(0.2	)
Balance, July 6, 2013	$	1.2

Details of Retail Stores Restructurings

The details of the retail store restructuring accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2012	$	1.3
Additions		1.9
Payments and reductions		(1.3	)
Balance, June 30, 2012	$	1.9
Balance, January 1, 2013	$	0.9
Additions		3.2
Payments and reductions		(1.2	)
Balance, July 6, 2013	$	2.9

Details of Other Cost Reduction Initiatives

The details of the cost reduction initiative accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2013	$	-
Additions		4.2
Payments and reductions		(2.2	)
Balance, July 6, 2013	$	2.0

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EQUITY METHOD INVESTMENTS (Details) (USD $) In Millions, unless otherwise specified	Jul. 06, 2013	Jun. 21, 2012 GRI [Member]	Jun. 24, 2009 GRI [Member]	Jun. 20, 2008 GRI [Member]
Equity Method Investments
Equity Method Investment, Ownership Percentage	25.00%		25.00%	10.00%
Equity Method Investment, Aggregate Cost				$ 20.2
Additional Investment Cost		$ 3.5	$ 15.2
Contingent additional cash payment percentage of net income over threshold (in hundredths)			60.00%

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GOODWILL

6 Months Ended

Jul. 06, 2013

GOODWILL [Abstract]

GOODWILL

GOODWILL

The following table presents, by segment and in total, the carrying amount of goodwill for the fiscal six months ended June 30, 2012 and July 6, 2013.

(In millions)	Domestic Wholesale Sportswear		Domestic Wholesale Jeanswear			Domestic Wholesale Footwear & Accessories			Domestic Retail			International Wholesale			International Retail			Total
Balance, January 1, 2012
Goodwill	$	46.7	$	519.2		$	859.8		$	120.6		$	111.6		$	50.4		$	1,708.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill		46.7		-			46.6			-			111.6			50.4			255.3
Foreign currency translation effects		-		-			-			-			0.5			0.5			1.0
Balance, June 30, 2012
Goodwill		46.7		519.2			859.8			120.6			112.1			50.9			1,709.3
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			-			(1,453.0	)
Net goodwill	$	46.7	$	-		$	46.6		$	-		$	112.1		$	50.9		$	256.3
Balance, January 1, 2013
Goodwill	$	46.7	$	519.2		$	863.0		$	120.6		$	113.5		$	52.7		$	1,715.7
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(47.4	)		(1,500.4	)
Net goodwill		46.7		-			49.8			-			113.5			5.3			215.3
Foreign currency translation effects		-		-			-			-			(3.2	)		(0.5	)		(3.7	)
Balance, July 6, 2013
Goodwill		46.7		519.2			863.0			120.6			110.3			48.8			1,708.6
Accumulated impairment losses		-		(519.2	)		(813.2	)		(120.6	)		-			(44.0	)		(1,497.0	)
Net goodwill	$	46.7	$	-		$	49.8		$	-		$	110.3		$	4.8		$	211.6

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ACQUISITIONS

6 Months Ended

Jul. 06, 2013

ACQUISITIONS [Abstract]

ACQUISITIONS

ACQUISITIONS

Brian Atwood

On July 2, 2012, we acquired an 80% interest in Brian Atwood-related intellectual property (the "intellectual property") from BA Holding Group, Inc., BKA International, Inc. and Brian Atwood, we acquired 100% of the equity interests in Atwood Italia S.r.l., and we acquired certain assets and assumed certain liabilities of Brian Atwood, Ltd. (collectively, "Brian Atwood").  The purchase price was $5.5 million, of which $5.0 million was paid in 2012.  We deferred $0.5 million of the purchase price, with payment subject to an indemnification holding period as set forth in the acquisition agreement, which was paid during the fiscal six months ended July 6, 2013.

The remaining 20% interest in the intellectual property was recorded as a noncontrolling interest, with the fair value based on projected cash flows related to that property.  Brian Atwood has the right, under certain conditions, to require us to repurchase a portion of his noncontrolling ownership interest at a predetermined multiple of the previous year's distributable cash flows generated by the intellectual property.

We pursued the acquisition of Brian Atwood to increase our international presence and further extend our reach into the designer footwear business.  Brian Atwood's luxury wholesale footwear business is reported in our international wholesale segment.

The following table summarizes the fair values of the assets acquired and liabilities assumed from Brian Atwood on July 2, 2012.

(In millions)	Weighted-average amortization life (in months)		FairValue
Cash			$	0.6
Accounts receivable				0.5
Other current assets				0.4
Property, plant and equipment				0.1
Intangible assets:
Trademarks		240		7.5
Goodwill				3.2
Customer relationships		6		0.4
Order backlog		3		0.7
Total assets acquired				13.4
Accounts payable				1.7
Notes payable				2.8
Other current  liabilities				1.8
Deferred taxes				0.3
Other long-term liabilities				0.1
Total liabilities assumed				6.7
Fair value of noncontrolling interest				1.2
Total purchase price			$	5.5

The gross contractual accounts receivable acquired from Brian Atwood was $0.5 million.

The fair values of the acquired intangibles were determined using discounted cash flow models using a discount factor based on an estimated risk-adjusted weighted average cost of capital.  The customer relationships were valued using a "with and without" model, the trademarks using a relief-from-royalty model and the order backlog using multi-period excess earnings model.

The acquisition resulted in the recognition of $3.2 million of goodwill, which will not be deductible for tax purposes.  Goodwill largely consists of expected synergies resulting from the leveraging of the combined networks of partners, infrastructure and customer relationships to expand product distribution worldwide, as well as the acquired assembled workforce, which does not qualify as an amortizable intangible asset, and the potential for both product extensions, such as apparel, and the introduction of Brian Atwood retail locations.  The goodwill has been assigned to our domestic wholesale footwear and accessories segment, as we pursued the acquisition to acquire majority ownership interest in the Brian Atwood-related trademarks, under which our existing B Brian Atwood domestic footwear business is licensed.  Pro forma total revenues and results of operations reflecting the acquisition of Brian Atwood are not presented, as the acquisition is not material to our financial position or our results of operations.

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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) (USD $) In Millions	Common Stock [Member] USD ($)	Additional Paid-in Capital [Member] USD ($)	Retained Earnings [Member] USD ($)	Accumulated Other Comprehensive Loss [Member] USD ($)	Noncontrolling Interest [Member] USD ($)	Redeemable Noncontrolling Interest [Member] USD ($)	Number of common shares outstanding [Member]	Total USD ($)
Balance at Dec. 31, 2011	$ 0.8	$ 521.8	$ 596.2	$ (29.6)	$ 0.2			$ 1,089.4
Balance (in shares) at Dec. 31, 2011							81.0
Comprehensive income (loss)			6.9	1.3	0.5			8.7
Issuance of restricted stock to employees, net of forfeitures (in shares)							2.2
Shares withheld for taxes upon vesting of restricted stock		(0.1)	(0.1)					(0.2)
Amortization of restricted stock		13.3						13.3
Distributions to noncontrolling interests					(0.4)			(0.4)
Tax effects from vesting of restricted stock		1.5						1.5
Tax effects of expired employee stock options		(1.5)						(1.5)
Dividends on common stock ($0.10 per share)			(8.1)					(8.1)
Repurchase of common shares		(13.7)	(15.3)					(29.0)
Repurchase of common shares (in shares)							(3.0)
Other			0.2					0.2
Balance at Jun. 30, 2012	0.8	521.3	579.8	(28.3)	0.3			1,073.9
Balance (in shares) at Jun. 30, 2012							80.2
Balance at Dec. 31, 2012	0.8	520.8	501.1	(17.9)	0.9	0.6		1,005.7
Balance (in shares) at Dec. 31, 2012							79.2
Comprehensive income (loss)			(2.9)	(12.5)	0.6	0		(14.8)
Issuance of restricted stock to employees, net of forfeitures (in shares)							1.8
Shares withheld for taxes upon vesting of restricted stock		(1.2)	(1.2)					(2.4)
Shares withheld for taxes upon vesting of restricted stock (in shares)							(0.2)
Amortization of restricted stock		14.6						14.6
Distributions to noncontrolling interests					(0.5)			(0.5)
Tax effects from vesting of restricted stock		(0.6)						(0.6)
Tax effects of cancelled restricted stock		(4.0)						(4.0)
Dividends on common stock ($0.10 per share)			(8.0)					(8.0)
Repurchase of common shares		(7.5)	(7.0)					(14.5)
Repurchase of common shares (in shares)							(1.1)
Balance at Jul. 06, 2013	$ 0.8	$ 522.1	$ 482.0	$ (30.4)	$ 1.0	$ 0.6		$ 975.5
Balance (in shares) at Jul. 06, 2013							79.7

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DERIVATIVES, Part II (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012
Interest Rate Swap Contracts [Member] | Designated as Hedging Instrument [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax (Loss) due to Ineffectiveness Recognized in Income	$ 0	$ (1.3)
Canadian Dollar U.S. Dollar Forward Contracts [Member] | Designated as Hedging Instrument [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax Gain (Loss) Recognized in Other Comprehensive Income	0.7	0.2
Derivative Instruments, (Loss) Gain Reclassified from Accumulated OCI into Income	0.1	(0.1)
British Pound US Dollar Forward Contracts [Member] | Not Designated as Hedging Instrument [Member] | Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax Gain (Loss) Recognized in Income	$ 0.8	$ (0.2)

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FAIR VALUES, Part II (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jul. 06, 2013	Jun. 30, 2012
Moda Nicola International, LLC [Member] | Discounted Projection of Financial Results [Member]
Quantitative Information About Level 3 Measurements [Abstract]
Discount rate (in hundredths)	12.00%
Moda Nicola International, LLC [Member] | Discounted Projection of Financial Results [Member] | Minimum [Member]
Quantitative Information About Level 3 Measurements [Abstract]
Net sales growth (in hundredths)	12.00%
Gross margin multiplier	1.31
Moda Nicola International, LLC [Member] | Discounted Projection of Financial Results [Member] | Maximum [Member]
Quantitative Information About Level 3 Measurements [Abstract]
Net sales growth (in hundredths)	71.00%
Gross margin multiplier	1.38
Moda Nicola International, LLC [Member] | Discounted Projection of Financial Results [Member] | Weighted Average [Member]
Quantitative Information About Level 3 Measurements [Abstract]
Net sales growth (in hundredths)	49.40%
Gross margin multiplier	1.34
Level 3 [Member]
Contingent consideration, at fair value [Roll Forward]
Contingent consideration, at fair value	$ 36.3	$ 210.4
Payments	(29.9)	(8.3)
Total adjustments included in earnings	0.3	19.4
Contingent consideration, at fair value	6.7	221.5
Level 3 [Member] | Moda Nicola International, LLC [Member]
Contingent consideration, at fair value [Roll Forward]
Contingent consideration, at fair value	7.4	14.8
Payments	(2.5)	(3.5)
Total adjustments included in earnings	0.8	(4.1)
Contingent consideration, at fair value	5.7	7.2
Level 3 [Member] | Stuart Weitzman Holdings, LLC [Member]
Contingent consideration, at fair value [Roll Forward]
Contingent consideration, at fair value	28.9	195.6
Payments	(27.4)	(4.8)
Total adjustments included in earnings	(0.5)	23.5
Contingent consideration, at fair value	$ 1.0	$ 214.3

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DERIVATIVES (Tables)

6 Months Ended

Jul. 06, 2013

DERIVATIVES [Abstract]

Change in interest expense related to interest rate derivatives [Table Text Block]

We recorded net increases in interest expense related to the ineffectiveness of the swaps and the changes in the fair value of the cap as follows.

(In millions)	Fiscal Quarter Ended							Fiscal Six Months Ended
	July 6, 2013			June 30, 2012				July 6, 2013			June 30, 2012
Interest rate swaps		$	-		$	(0.2	)		$	-		$	1.3
Interest rate cap			-			-				-			0.2
Net (decrease) increase in interest expense		$	-		$	(0.2	)		$	-		$	1.5

Notional Amounts of Foreign Exchange Contracts Outstanding

The notional amounts of our foreign exchange contracts outstanding at July 6, 2013, June 30, 2012 and December 31, 2012 are as follows.  For additional information, see "Fair Values."

(In millions)	Notional Amounts
	July 6, 2013			June 30, 2012			December 31, 2012
Canadian Dollar – U.S. Dollar forward exchange contracts	US$9.7			US$10.2			US$16.1
British Pound – U.S. Dollar forward exchange contracts		£	6.0		£	3.0		£	6.0

Fair Values of Derivative Instruments

Fair Values of Derivative Instruments

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	0.6	Prepaid expenses and other current assets	$	0.1	Prepaid expenses and other current assets	$	0.2
Total derivative assets		$	0.6		$	0.1		$	0.2
Derivatives not designated as hedging instruments
Interest rate cap contract	Other long-term assets	$	-	Other long-term assets	$	-	Other long-term assets	$	-
Foreign exchange contracts	Prepaid expenses and other current assets		0.8	Prepaid expenses and other current assets		0.1			-
Total derivative assets		$	0.8		$	0.1		$	-

Effect of Derivatives on the Statement of Operations

Effect of Derivatives on the Statement of Operations - Derivatives Designated as Hedging Instruments

(In millions)		Amount of Pretax (Loss) due to Ineffectiveness Recognized in Income
Derivative type	Location of Pretax (Loss) due to Ineffectiveness Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Interest rate swap contracts	Interest expense		$	-		$	(1.3	)

(In millions)	Amount of Pretax Gain (Loss) Recognized in Other Comprehensive Income							Amount of Pretax Gain (Loss) Reclassified from Other Comprehensive Income into Income
Derivative type	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012			Location of Pretax (Loss) Reclassified from Other Comprehensive Income into Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Canadian Dollar – U.S. Dollar forward contracts		$	0.7		$	0.2	Cost of sales		$	0.1		$	(0.1	)

Effect of Derivatives on the Statement of Operations - Derivatives Not Designated as Hedging Instruments

(In millions)		Amount of Pretax Gain (Loss) Recognized in Income
Derivative type	Location of Pretax Gain (Loss) Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
British Pound – U.S. Dollar forward contracts	Selling, general and administrative expenses		$	0.8		$	(0.2	)

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LONG-TERM DEBT

6 Months Ended

Jul. 06, 2013

LONG-TERM DEBT [Abstract]

LONG-TERM DEBT [Text Block]

LONG-TERM DEBT

In September 2012, we issued an additional $100.0 million of our 6.875% Senior Notes due 2019 (the "2019 Notes").  Net proceeds (including a premium of $3.5 million) were $100.9 million, which was used for general corporate purposes.  These additional notes are being treated as a single series with, and have the same terms as, the previously issued 2019 Notes and are fungible with the previously-issued 2019 Notes.

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ACCRUED RESTRUCTURING COSTS

6 Months Ended

Jul. 06, 2013

ACCRUED RESTRUCTURING COSTS [Abstract]

ACCRUED RESTRUCTURING COSTS

ACCRUED RESTRUCTURING COSTS

Jewelry

During 2009, we decided to discontinue the domestic manufacturing, product development and sourcing activities of our jewelry business, and also announced the closing of our jewelry distribution center during 2010.  We accrued $0.2 million of lease termination costs in the fiscal six months ended June 30, 2012.  The details of the jewelry restructuring accruals are as follows:

(In millions)	Lease obligations
Balance, January 1, 2012	$	1.5
Additions		0.2
Payments and reductions		(0.2	)
Balance, June 30, 2012	$	1.5
Balance, January 1, 2013	$	1.4
Payments and reductions		(0.2	)
Balance, July 6, 2013	$	1.2

The net accrual of $1.5 million at June 30, 2012 is reported as $0.4 million of accrued expenses and other current liabilities and $1.1 million of other noncurrent liabilities.  The net accrual of $1.2 million at July 6, 2013 is reported as $0.4 million of accrued expenses and other current liabilities and $0.8 million of other noncurrent liabilities.

Retail Stores

We continue to review our domestic retail operations for underperforming locations.  As a result of these reviews, we have decided to close retail locations that no longer provide strategic benefits.  During the fiscal six months ended July 6, 2013, we decided to close 120 underperforming domestic retail locations throughout 2013 and 2014 in addition to the 50 store closings announced in the fiscal quarter ended December 31, 2012.  We expect to operate a smaller and more productive chain of domestic locations, with outlet stores comprising a significantly higher percentage of the overall retail portfolio.  We will continue to critically assess individual store profitability, including consideration of converting certain locations to brands that offer the greatest opportunity for revenue growth.

During the first fiscal six months of 2013 and 2012, we closed 40 and 70 locations, respectively, under this plan.  Total termination benefits and associated employee costs for all locations closed since 2009 and identified to be closed are expected to be $14.2 million for approximately 2,950 employees, including both store employees and administrative support personnel.  We accrued $3.2 million and $1.9 million of termination benefits and associated employee costs during the first fiscal six months of 2013 and 2012, respectively.  In connection with our decision to close these locations, we reviewed the associated long-term assets for impairments.  As a result of these reviews, we recorded $6.0 million and $0.4 million of impairment losses in the first fiscal six months of 2013 and 2012, respectively, on leasehold improvements and furniture and fixtures present in the locations to be closed.  These costs are reported as SG&A expenses in the domestic retail segment.

The details of the retail store restructuring accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2012	$	1.3
Additions		1.9
Payments and reductions		(1.3	)
Balance, June 30, 2012	$	1.9
Balance, January 1, 2013	$	0.9
Additions		3.2
Payments and reductions		(1.2	)
Balance, July 6, 2013	$	2.9

The net accrual of $1.9 million at June 30, 2012 is reported as $1.7 million of accrued expenses and other current liabilities and $0.2 million of other noncurrent liabilities.  The net accrual of $2.9 million at July 6, 2013 is reported as accrued expenses and other current liabilities.

Other Cost Reduction Initiatives

During the fiscal six months ended July 6, 2013, we implemented actions to reduce costs in certain selling, supply chain and corporate back office functions (primarily through headcount reductions) and to optimize our wholesale sportswear channel by streamlining our structure to support a brand-focused organization, including the consolidation of certain production, design and selling divisions and consolidation of distribution and supply chain facilities.  Total termination benefits and associated employee costs identified as of July 6, 2013 are expected to be $4.3 million for approximately 100 employees.  We recorded $4.2 million of employee termination costs in the fiscal six months ended July 6, 2013.  The remaining $0.1 million will be accrued on a straight-line basis over the remaining period each affected employee is required to render service to receive the benefit.  These costs are reported as SG&A expenses and affect all of our reportable segments.  Additional actions may be taken during 2013 as we continue to assess our operations for opportunities to reduce costs and improve profitability.

The details of the cost reduction initiative accruals are as follows:

(In millions)	Termination benefits
Balance, January 1, 2013	$	-
Additions		4.2
Payments and reductions		(2.2	)
Balance, July 6, 2013	$	2.0

The net accrual of $2.0 million at July 6, 2013 is reported as accrued expenses and other current liabilities.

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PENSION PLANS

6 Months Ended

Jul. 06, 2013

PENSION PLANS [Abstract]

PENSION PLANS

PENSION PLANS

Components of Net Periodic Benefit Cost

(In millions)	Fiscal Quarter Ended						Fiscal Six Months Ended
	July 6, 2013			June 30, 2012			July 6, 2013			June 30, 2012
Interest cost	$	0.6		$	0.6		$	1.2		$	1.2
Expected return on plan assets		(0.8	)		(0.7	)		(1.5	)		(1.3	)
Amortization of net loss		0.3			0.6			0.5			1.1
Net periodic benefit cost	$	0.1		$	0.5		$	0.2		$	1.0

Employer Contributions

During the fiscal six months ended July 6, 2013, we contributed $1.3 million to our defined benefit pension plan.  We anticipate contributing a total of $4.8 million during 2013.

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DERIVATIVES

6 Months Ended

Jul. 06, 2013

DERIVATIVES [Abstract]

DERIVATIVES

DERIVATIVES

We recognize all derivatives as either assets or liabilities on the balance sheet and measure those instruments at fair value.  Additionally, the fair value adjustments will affect either equity or net income, depending on whether the derivative instrument qualifies as a hedge for accounting purposes and, if so, the nature of the hedging activity.

Interest Rate Swaps and Caps

On December 14, 2010, we entered into three interest rate swap transactions to effectively convert the entire amount of our $250 million fixed-rate 5.125% Senior Notes due 2014 (the "2014 Notes") to variable-rate debt.  Under the terms of the transactions, we were required to make semiannual variable-rate payments to the counterparties calculated based on three-month LIBOR rates (which were reset on the 15^th day of each calendar quarter) plus 3.46%, and the counterparties were obligated to make semiannual fixed-rate payments to us of 5.125%.  The swap transactions had an effective date of December 17, 2010 and a termination date of November 15, 2014, the date the 2014 Notes mature.  On June 8, 2012, we de-designated the hedging relationship between the swaps and the 2014 Notes and received $5.7 million upon termination of the swaps.  The related fair market valuation adjustment to the 2014 Notes is being amortized as a reduction of interest expense over the remaining life of the 2014 notes.

On March 19, 2012, we entered into three interest rate swap transactions to effectively convert $150 million of our 2019 Notes to variable-rate debt.  Under the terms of the transactions, we were required to make semiannual variable-rate payments to the counterparties calculated based on one-month LIBOR rates (which were reset on the 15^th day of each calendar quarter) plus 5.195%, and the counterparties were obligated to make semiannual fixed-rate payments to us of 6.875%.  The swap transactions had an effective date of March 21, 2012 and a termination date of March 15, 2019, the date the 2019 Notes mature.  On May 31, 2012, we de-designated the hedging relationship between the swaps and the 2019 Notes and received $3.5 million upon termination of the swaps.  The related fair market valuation adjustment to the 2019 Notes is being amortized as a reduction of interest expense over the remaining life of the 2019 Notes.

The swap transactions were designated as hedges of the fair value of the related notes.  The fair values of the swaps were recorded either as an asset or a liability, with changes in their fair values recorded through interest expense.  The changes in fair value of the notes related to the hedged portion of the notes were also recorded through interest expense.  As these changes in fair value did not exactly offset each other, the net effect on earnings represented the ineffectiveness of the hedging instruments.  We evaluate effectiveness under the "long haul" method of accounting.  The interest rate cap has not been designated as a hedging instrument; as a result, all changes in the fair value of the cap are recorded through interest expense.

We recorded net increases in interest expense related to the ineffectiveness of the swaps and the changes in the fair value of the cap as follows.

(In millions)	Fiscal Quarter Ended							Fiscal Six Months Ended
	July 6, 2013			June 30, 2012				July 6, 2013			June 30, 2012
Interest rate swaps		$	-		$	(0.2	)		$	-		$	1.3
Interest rate cap			-			-				-			0.2
Net (decrease) increase in interest expense		$	-		$	(0.2	)		$	-		$	1.5

Foreign Currency Forward Contracts

We use foreign currency forward contracts for the specific purpose of hedging the exposure to variability in forecasted cash flows associated primarily with inventory purchases.  Fair values of foreign currency forward contracts are calculated by comparing each agreement's contractual exchange rate with the currency exchange forward and spot rates at the reporting date.

We have outstanding forward contracts to exchange Canadian Dollars for U.S. Dollars.  These contracts are designated as cash flow hedges, as the principal terms of the contracts are the same as the underlying forecasted foreign currency cash flows.  Therefore, changes in the fair value of these forward contracts are highly effective in offsetting changes in the expected foreign currency cash flows.  Changes in the fair value of these contracts are recorded in accumulated other comprehensive income, net of related tax effects, with the corresponding asset or liability recorded in the balance sheet.  Amounts recorded in accumulated other comprehensive income are reflected in current-period earnings when the hedged transaction affects earnings.

Since the foreign currency derivatives we use in our risk management strategies are highly effective hedges because all the critical terms of the derivative instruments match those of the hedged item, we record no ineffectiveness related to our cash flow hedges.  If foreign currency exchange rates do not change from their July 6, 2013 amounts, we estimate that any reclassifications from other comprehensive income to earnings within the next 12 months will not be material.

We also currently have outstanding forward contracts to exchange British Pounds for U.S. Dollars.  These contracts have not been designated as hedges.  Therefore, changes in the fair value of these contracts are recorded through earnings, with the corresponding asset or liability recorded in the balance sheet.

The notional amounts of our foreign exchange contracts outstanding at July 6, 2013, June 30, 2012 and December 31, 2012 are as follows.  For additional information, see "Fair Values."

(In millions)	Notional Amounts
	July 6, 2013			June 30, 2012			December 31, 2012
Canadian Dollar – U.S. Dollar forward exchange contracts	US$9.7			US$10.2			US$16.1
British Pound – U.S. Dollar forward exchange contracts		£	6.0		£	3.0		£	6.0

Fair Values of Derivative Instruments

(In millions)	July 6, 2013			June 30, 2012			December 31, 2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	0.6	Prepaid expenses and other current assets	$	0.1	Prepaid expenses and other current assets	$	0.2
Total derivative assets		$	0.6		$	0.1		$	0.2
Derivatives not designated as hedging instruments
Interest rate cap contract	Other long-term assets	$	-	Other long-term assets	$	-	Other long-term assets	$	-
Foreign exchange contracts	Prepaid expenses and other current assets		0.8	Prepaid expenses and other current assets		0.1			-
Total derivative assets		$	0.8		$	0.1		$	-

Effect of Derivatives on the Statement of Operations - Derivatives Designated as Hedging Instruments

(In millions)		Amount of Pretax (Loss) due to Ineffectiveness Recognized in Income
Derivative type	Location of Pretax (Loss) due to Ineffectiveness Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Interest rate swap contracts	Interest expense		$	-		$	(1.3	)

(In millions)	Amount of Pretax Gain (Loss) Recognized in Other Comprehensive Income							Amount of Pretax Gain (Loss) Reclassified from Other Comprehensive Income into Income
Derivative type	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012			Location of Pretax (Loss) Reclassified from Other Comprehensive Income into Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
Canadian Dollar – U.S. Dollar forward contracts		$	0.7		$	0.2	Cost of sales		$	0.1		$	(0.1	)

Effect of Derivatives on the Statement of Operations - Derivatives Not Designated as Hedging Instruments

(In millions)		Amount of Pretax Gain (Loss) Recognized in Income
Derivative type	Location of Pretax Gain (Loss) Recognized in Income	Fiscal Six Months Ended July 6, 2013			Fiscal Six Months Ended June 30, 2012
British Pound – U.S. Dollar forward contracts	Selling, general and administrative expenses		$	0.8		$	(0.2	)

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Document and Entity Information (USD $)	6 Months Ended
	Jul. 06, 2013	Aug. 01, 2013	Jul. 02, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	JONES GROUP INC
Entity Central Index Key	0000874016
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 726,799,067
Entity Common Stock, Shares Outstanding		79,803,663
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 06, 2013

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STATEMENT OF CASH FLOWS

6 Months Ended

Jul. 06, 2013

STATEMENT OF CASH FLOWS [Abstract]

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS

Fiscal Six Months Ended	July 6, 2013			June 30, 2012
(In millions)
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest		$	51.7		$	26.0
Net income tax payments			5.2			1.1
Supplemental disclosures of non-cash investing and financing activities:
Restricted stock issued to employees			28.2			20.8
Shares withheld for taxes upon vesting of restricted stock			2.4			0.2