Jones Apparel Group, Inc. announced that it has acquired Moda Nicola International, LLC ("MNI"), owner of the Robert Rodriguez Collection, a privately held designer, marketer and wholesaler of women's contemporary eveningwear and sportswear. MNI generated net revenues of approximately $17 million for the year ended December 31, 2009.

The transaction is valued at approximately $28 million. Under the terms of the agreement, Jones made initial cash payments to the selling members of MNI, who are entitled to receive future cash payments upon achievement of certain financial targets set within the agreement. The transaction is expected to be accretive to earnings, prior to any required purchase accounting adjustments and closing costs.

Wesley Card, President and Chief Executive Officer, Jones Apparel Group, said: "Robert Rodriguez is a highly talented and experienced designer and we are excited to welcome Robert and his associates into our family of brands. We believe that now is the right time to be making an acquisition as our core brands and organization are strong, and we are well-positioned for a new phase of growth. Robert Rodriguez will increase our presence in the contemporary market."

Mr. Card added: "Recognized for its unique designs, commitment to elegant fashion and attention to quality and fit, the Robert Rodriguez collection has gained attention from fashion insiders, including buyers, trendsetters and celebrities. We see great potential in this brand and look forward to working with Robert and his team."

Robert Rodriguez, founder and artistic director, said, "I am excited to become part of a dynamic organization such as Jones and to work together to develop the brands to their fullest potential."

Nicola Guarna, Chief Executive Officer, Robert Rodriguez, said, "I look forward to joining the Jones team and to combining the Robert Rodriguez fashion talent with the Jones execution and performance."

Founded in 2003 by designer Robert Rodriguez and business partner Nicola Guarna, the Robert Rodriguez collection quickly gained attention from buyers, celebrities and trendsetters alike for being a feminine, sexy, contemporary label for women of all ages. The Robert Rodriguez collection incorporates the principles of haute couture: focusing on fashion, quality and fit. The collection, which includes Robert Rodriguez, Robert Rodriguez Black Label and Robbi and Nikki, is currently sold at luxury retailers in the U.S. and Europe, such as Bergdorf Goodman, Neiman Marcus, Nordstrom, Saks Fifth Avenue, Bloomingdale's, Fred Segal, Intermix, Shopbop, Holt Renfrew, Harrods, and Lane Crawford, as well as at numerous high-end boutiques nationwide.

Jones Apparel Group Inc.

Jones Apparel Akuisisi Merek Robert Rodriguez

Jones Apparel Group, Inc baru-baru ini mengumumkan telah mengakuisisi Moda Nicola International, LLC ( "MNI"), pemilik Robert Rodriguez Collection. MNI merupakan perusahaan swasta, sekaligus sebagai perancang, pemasar dan pedagang grosir gaun malam kontemporer serta pakaian olahraga. Tahun 2009, MNI menghasilkan pendapatan bersih sekitar $ 17 juta.

Nilai transaksinya tercatat sekitar US $ 28 juta. Sesuai kesepakatan, Jones akan melakukan pembayaran awal secara tunai kepada MNI. Dalam perjanjian tersebut ditetapkan persyaratan pembayaran serta pencapaian target-target keuangan tertentu.  Transaksi ini akan menjadi awal dari pencatatan penghasilan sebelum dilakukan penyesuaian neraca rugi-laba serta pengitungan berbagai biaya lainnya.

Wesley Card, Presiden sekaligus Chief Executive Officer, Jones Apparel Group, mengatakan: "Robert Rodriguez sangat berbakat dan berpengalaman sebagai desainer dan kami sangat gembira dapat menarik merek Robert ke dalam perusahaan kami. Kami percaya, sekaranglah waktu yang tepat untuk melakukan akuisisi merek terkenal serta telah memiliki pelanggan luas. Kami berharap proses akuisisi ini akan meningkatkan posisi kami di pasar, yang pada akhirnya meningkatkan kinerja perusahaan. Robert Rodriguez akan meningkatkan pangsa kami di pasar kontemporer."

Mr Card menambahkan: "Karena desainnya yang unik serta komitmen dan perhatiannya terhadap kualitas produk yang tinggi, membuat koleksi Robert Rodriguez cukup disegani di pasar, termasuk para pembeli, trendsetter dan selebriti. Kami melihat potensi besar di merek ini dan kami yakin akan semakin maju dapat bekerjasama dengan Robert dan timnya."

Robert Rodriguez, pendiri dan direktur artistik, mengungkapkan, "kami senang menjadi bagian dari organisasi yang dinamis seperti Jones, dengan menjalin kerjasama mengembangkan merek potensialnya."

Nicola Guarna, Chief Executive Officer, Robert Rodriguez, mengatakan, "Kami berharap dapat bergabung dengan tim Jones guna mengkombinasikan bakat Robert Rodriguez dengan kinerja Jones."

Didirikan pada tahun 2003 oleh perancang Robert Rodriguez dan mitra bisnisnya Nicola Guarna, koleksi Robert Rodriguez dengan cepat mendapat perhatian dari pembeli, selebriti dan trendsetter pakaian dengan label kontemporer untuk segala usia. Robert Rodriguez lebih memfokuskan pada mode berkualitas tinggi dan aman bagi pengguna. Koleksi Robert Rodriguez antara lain meliputi Robert Rodriguez Black Label serta Robbi and Nikki. Saat ini koleksi tersebut sedang dipasarkan di pusat-pusat perbelanjaan mewah di Amerika Serikat dan Eropa, seperti Bergdorf Goodman, Neiman Marcus, Nordstrom, Saks Fifth Avenue, Bloomingdale's, Fred Segal, Shopbop, Holt Renfrew, Harrods, Lane Crawford, serta di sejumlah butik kelas tinggi lainnya.

Jones Apparel Group Inc