SCHEDULE 14A INFORMATION

                 Proxy Statement Pursuant to Section 14(a) of
                      the Securities Exchange Act of 1934

Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]

Check the appropriate box:
[ ]    Preliminary Proxy Statement
[ ]    Confidential, for Use of the Commission Only (as permitted by Rule
       14a-6(e)(2))
[ ]    Definitive Proxy Statement
[X]    Definitive Additional Materials
[ ]    Soliciting Material Pursuant to Section 240.14a-12

                           MAXWELL SHOE COMPANY INC.
- -------------------------------------------------------------------------------
               (Name of Registrant as Specified In Its Charter)

                           JONES APPAREL GROUP, INC.
                             MSC ACQUISITION CORP.
- -------------------------------------------------------------------------------
   (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

[X]    No fee required.
[ ]    Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
       (1)    Title of each class of securities to which transaction applies:

              -----------------------------------------------------------------
       (2)    Aggregate number of securities to which transaction applies:

              -----------------------------------------------------------------
       (3)    Per unit price or other underlying value of transaction computed
              pursuant to Exchange Act Rule 0-11 (set forth the amount on which
              the filing fee is calculated and state how it was determined):

              -----------------------------------------------------------------
       (4)    Proposed maximum aggregate value of transaction:

              -----------------------------------------------------------------
       (5)    Total fee paid:

              -----------------------------------------------------------------
[ ]    Fee paid previously with preliminary materials.
[ ]    Check box if any part of the fee is offset as provided by Exchange Act
       Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
       paid previously.  Identify the previous filing by registration statement
       number, or the Form or Schedule and the date of its filing.
       (1)    Amount Previously Paid:

              -----------------------------------------------------------------
       (2)    Form, Schedule or Registration Statement No.:

              -----------------------------------------------------------------
       (3)    Filing Party:

              -----------------------------------------------------------------
       (4)    Date Filed:

              -----------------------------------------------------------------




     The following is a press release issued by Jones Apparel Group, Inc. and
Maxwell Shoe Company Inc. on June 18, 2004:

                          **************************

FOR IMMEDIATE RELEASE
Contacts:
Jones Apparel Group, Inc.                     Maxwell Shoe Company Inc.
Wesley R. Card, Chief Operating               Richard J. Bakos, Chief Financial
  and Financial Officer                         Officer
Anita Britt, Executive Vice                   617-333-4007
  President Finance
215-785-4000


       JONES APPAREL AND MAXWELL SHOE SIGN DEFINITIVE MERGER AGREEMENT;
                 MAXWELL RECOMMENDS OFFER TO ITS STOCKHOLDERS

NEW YORK, NEW YORK; HYDE PARK, MASSACHUSETTS - June 18, 2004 - Jones Apparel
Group, Inc. ("Jones") (NYSE:JNY) and Maxwell Shoe Company Inc. ("Maxwell")
(Nasdaq:MAXS) today announced that they have entered into a definitive merger
agreement under which Jones will acquire all the outstanding shares of Maxwell
for $23.25 per share in cash, giving the transaction a total equity value
(excluding stock options) of approximately $346 million. Maxwell's board of
directors has unanimously approved the agreement and recommended that Maxwell
stockholders tender their shares into Jones' tender offer.

Under the terms of the agreement, Jones' indirect wholly owned subsidiary, MSC
Acquisition Corp. ("MSC"), has agreed to increase the price of its tender
offer to purchase all outstanding shares of Maxwell common stock to $23.25 per
share in cash and has terminated its consent solicitation. Following the
completion of the tender offer, Jones intends to consummate a second step
merger in which all remaining Maxwell shares (other than shares held by Jones
or stockholders properly perfecting appraisal rights under Delaware law) will
be converted into the right to receive the same cash price paid in the tender
offer.

Peter Boneparth, Chief Executive Officer of Jones, stated, "We are very
pleased to have brought this transaction to a successful conclusion, one that
serves both Jones shareholders and Maxwell shareholders extremely well.
Maxwell is an excellent company that complements our business perfectly and
should create lifestyle branding opportunities across our many core
competencies. As we have said, there are many strategic advantages to
consolidating our AK Anne Klein apparel business with Maxwell's AK Anne Klein
footwear business, which is our licensee. In addition, we will benefit by
further broadening our footwear brand portfolio and leveraging the
infrastructure of our footwear business. We anticipate an early July closing
date and, as is our historical practice, we look forward to providing further
updates at that time."

Mark Cocozza, Maxwell Shoe Company's Chairman and Chief Executive Officer,
said "Today's agreement provides full value to our stockholders and reflects
Maxwell Shoe Company's position as a leading footwear distributor - a position
that can largely be attributed to the hard work and dedication of our
employees. We look forward to working with Jones to ensure a smooth and rapid
integration of our two companies."

Jones also announced that it had extended its tender offer to acquire Maxwell,
which was scheduled to expire at 5:00 p.m. New York City time on June 21,
2004, until 5:00 p.m. New York City time on July 6, 2004, unless further
extended. As of June 17, 2004, Maxwell stockholders had tendered and not
withdrawn 455,924 shares pursuant to MSC's tender offer.

The amended tender offer is not subject to financing. The amended tender offer
is subject to the terms and conditions contained in the merger agreement,
including a minimum tender condition requiring the tender of a majority of all
outstanding shares of Maxwell common stock on a fully diluted basis. The
Maxwell






shareholder rights plan has been rendered inapplicable to Jones' offer
and the business combination. As previously announced, the Hart-Scott-Rodino
waiting period applicable to the combination has expired.

Maxwell will mail its formal recommendation to its stockholders that they
tender into the offer at the same time Jones mails its revised tender offer
materials.

Jones Apparel Group, Inc. (www.jny.com), a Fortune 500 Company, is a leading
designer and marketer of branded apparel, footwear and accessories. The
Company's nationally recognized brands include Jones New York, Polo Jeans
Company licensed from Polo Ralph Lauren Corporation, Evan-Picone, Norton
McNaughton, Gloria Vanderbilt, Erika, l.e.i., Energie, Nine West, Easy Spirit,
Enzo Angiolini, Bandolino, Napier, Judith Jack, Kasper, Anne Klein, Albert
Nipon and LeSuit. The Company also markets costume jewelry under the Tommy
Hilfiger brand licensed from Tommy Hilfiger Corporation and the Givenchy brand
licensed from Givenchy Corporation, and footwear and accessories under the
ESPRIT brand licensed from Esprit Europe, B.V. With over 30 years of service,
the Company has built a reputation for excellence in product quality and
value, and in operational execution.

Maxwell Shoe Company Inc. designs, develops and markets casual and dress
footwear for women and children. The Company's brands include AK ANNE
KLEIN(R), DOCKERS(R) FOOTWEAR FOR WOMEN, J.G. HOOK, JOAN AND DAVID, CIRCA JOAN
& DAVID, MOOTSIES TOOTSIES AND SAM & LIBBY.

                          **************************

                             IMPORTANT INFORMATION

Investors and security holders are urged to read the disclosure documents
regarding the tender offer filed with the Securities and Exchange Commission
(the "SEC") from time to time, including (i) the tender offer materials filed
by Jones and MSC with the SEC, including the tender offer statement filed on
March 23, 2004, the first supplement to the tender offer statement filed on
May 26, 2004, and the second supplement to the tender offer statement which
will be filed by Jones with the SEC as promptly as practicable and (ii) the
revised Solicitation/Recommendation Statement on Schedule 14D-9 which will be
filed by Maxwell with the SEC as promptly as practicable.

Investors and security holders may obtain a free copy of the disclosure
documents (when they are available) and other documents filed by Jones, MSC or
Maxwell with the SEC at the SEC's website at www.sec.gov.

In addition, documents filed with the SEC by Jones or MSC may be obtained free
of charge from Jones by directing a request to Jones Apparel Group, Inc., 250
Rittenhouse Circle, Keystone Park, Bristol, Pennsylvania 19007, Attention:
Chief Operating and Financial Officer. Maxwell Shoe Company will provide a
copy of the documents filed by it with the SEC free of charge at its website
at www.maxwellshoe.com.