874016--2/16/2010--JONES_APPAREL_GROUP_INC

related topics
{customer, product, revenue}
{condition, economic, financial}
{system, service, information}
{acquisition, growth, future}
{product, market, service}
{property, intellectual, protect}
{personnel, key, retain}
{capital, credit, financial}
{cost, regulation, environmental}
{operation, international, foreign}
The apparel, footwear and accessories industries are heavily influenced by general economic cycles that affect consumer spending. A prolonged period of depressed consumer spending would have a material adverse effect on us. The current state of the economy and the tightening of commercial credit markets may impair our ability to obtain capital on favorable terms. We may not be able to respond to changing fashion and retail trends in a timely manner, which could have a material adverse effect on us. The loss of or a significant reduction of business with any of our largest customers would have a material adverse effect on us. The apparel, footwear and accessories industries are highly competitive. Any increased competition could result in reduced sales or prices, or both, which could have a material adverse effect on us. The loss of key personnel could disrupt our operations and our ability to successfully execute our strategies. Our reliance on independent manufacturers could cause delay and damage our reputation and customer relationships. The extent of our foreign operations and contract manufacturing may adversely affect our domestic business. Fluctuations in the price, availability and quality of raw materials could cause delay and increase costs. Difficulties in implementing new computer systems and software could impact our ability to design, produce and ship our products on a timely basis. The loss or infringement of our trademarks and other proprietary rights could have a material adverse effect on us. Any inability to identify acquisition candidates (or to integrate acquired businesses successfully) could have a material effect on our future growth.

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