Jones Apparel, faced with the decline in consumer spending, said it will report a fouth-quarter loss, take $840 million in write-downs and cut its dividend 64%.
WSJ.com: US Business, Wall Street Journal: Business
Thu, 01/22/2009 - 7:33am
Jones Apparel, faced with the decline in consumer spending, said it will report a fouth-quarter loss, take $840 million in write-downs and cut its dividend 64%.