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JONES APPAREL GROUP, INC. REGISTERS WITH SEC FOR PUBLIC OFFERING OF 3,100,000 SECONDARY SHARES OF COMMON STOCK

 BRISTOL, Pa., Jan. 4 /PRNewswire/ -- Jones Apparel Group, Inc. (NYSE: JNY) today announced that it filed a registration statement with the Securities and Exchange Commission covering a proposed offering of 3.1 million secondary shares of Common Stock, which are to be offered by Sidney Kimmel, chairman; two charitable foundations -- the Rena Rowan Foundation and the Sidney Kimmel Foundation -- and Andrew Grossman, president.
 The offering is scheduled for early February through an underwriting syndicate managed by Merrill Lynch & Co.
 Jones Apparel Group, Inc. is a leader in the women's sportswear, suit and dress businesses and sells under its flagship brands Jones New York, Rena Rowan for Saville, and recently acquired Evan Picone. The company also markets product under its Ellen Kaye label and the licensed name Christian Dior.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Written prospectuses may be obtained from Merrill Lynch & Co., World Financial Center, Preliminary Prospectus Department, New York, NY 10281, 212-449-8415.
 /delval/
 -0- 1/4/94
 /CONTACT: Wesley R. Card, chief financial officer of Jones Apparel Group, 215-785-4000/
 (JNY)


CO: Jones Apparel Group, Inc. ST: Pennsylvania IN: TEX SU: OFR

JM-JO -- PH018 -- 9074 01/04/94 17:52 EST
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Publication:PR Newswire
Date:Jan 4, 1994
Words:282
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