Fashion News

Tuesday, September 13, 2005

/C O R R E C T I O N -- Socrates/

/C O R R E C T I O N -- Socrates/

Editors are advised that the news release, Greek Thought Leader Shares Post-Labor Day Wisdom on the Anatomy of a 'DIY'er, should be replaced with the version below, rather than the release incorrectly transmitted by PR Newswire.

National Survey by 'Greek Thought Leader' Shows DIY Moving Out of Hardware Aisles and Into Workplace

CHICAGO, Sept. 13 /PRNewswire/ -- Self-reliance is moving away from hardware stores and into people's professional routines, according to a national sampling survey from Socrates ( http://www.socrates.com/ ).

The Chicago-based company recently polled more than 1,000 Americans on activities they would do without outside professional help. The survey confirmed that the DIY lifestyle trend extends beyond pipes and drains; it's impacting businesses owners, operations and media usage.

Socrates is the leading brand of needed know-how solutions for individuals and small businesses. The company's content helps consumers solve everyday legal, finance and business management matters themselves.

"This survey shows how far self-reliance has come," said Socrates Consumer Marketing Director Michael Kahn. "Technology has changed how we view resources and do things on our own."

The Rise of DIY & the "Reality TV Effect"

Consumers are taking control of everything-from the way they shop and manage real estate to operating a business. The DIY lifestyle is indicative of how people use outside resources. Consider the following:

-- In terms of shopping habits, 93.5% of respondents preferred searching
online to learn more about products and services they plan to purchase
-- higher than asking a friend or family member or reading material
from articles and catalogs.
-- When searching the Internet for information on products and services
they plan to purchase, 94% use a general search engine versus the
specific Web site. One conclusion is that consumers want to do their
own research to ensure all views are presented. They might not trust
information directly from the product's site.

While Americans are more willing to fix a plumbing problem (54.6%) than climb a mountain (15.8%), more than half of all survey respondents (54.9%) would start a business on their own. 57.7% of those surveyed said they would lease or rent property, and 49.3% said they would complete a contract negotiation without professional help.

"The fast-paced transfer of knowledge allows more people to see what options are available in the business world - options beyond the norm," Kahn said. "Reality and informational shows on mainstream and cable channels, alike, have given Americans the needed lift to attain their dreams. This newfound knowledge is helping to boost consumer confidence in DIY projects, concurrently supporting the growth of small businesses."

Kahn cited that cable television is the preferred news media outlet for 25.5% of the survey's respondents, while DIY-supporting retailers such as Wal- Mart, Office Depot, Lowe's, Staples, and Home Depot topped the list of stores most often visited in the past six months.

"Everyday people now have motivation to leave their prior existence behind in order to start a new life with personal gratification and meaning," Kahn said. "Business products and services need to be conscience of this societal trend to ensure their products are meeting new needs."

The Anatomy of a Small Business Owner

Being your own boss allows the business freedom that we all crave, but what are small business owners really doing during the day? Socrates' small business time clock details a day in the life of the typical small business owner. Among those duties:

-- Information gathering. 28.4% of small business owners listen to the
radio 4-8 hours a day. This could also be interpreted as multi-tasking
-- absorbing information while working.
-- Net surfing. Most entrepreneurs are Internet-savvy, but may not be
using lightning fast connections for better work productivity (72.7 %
were connected to the internet through Broadband and spent 4-8 hours
surfing the net for unrelated work research).
-- Keeping the ship afloat. Many small business owners do it all --
payroll, accounting, managing employees, collecting debts, AND holding
responsibility for the company's products or services. Socrates
suggests small business owners learn about the DIY legal options
available for small businesses either through its array of products or
through other sources.
-- Seeking a key shipmate. When asked what one source of information or
entertainment they would have if marooned on a deserted island, more
than half of small business owners said their computer with a wireless
Internet connection. Only one said "wife."

"Society is redefining the role of consultants and the self-employed; they're not just sitting behind the desk," said Kahn. Many small business owners chart their own course with a desire to seek life change. Each new business expedition encounters stress and anxiety, but those squalls can be diverted with concise planning and support materials."

He concluded, "Small business owners should focus more on performance, not process. Socrates materials are designed with the independent philosophy in mind. They can assist in charting a more streamlined course toward business success."

Source: Socrates

CONTACT: Michael Shmarak for Socrates, +1-312-587-7677

Web site: http://www.socrates.com/

NOTE TO EDITORS: Kahn available for interviews; full results of the survey available.

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Profile: Fashion

Fashion Week Event: Daily's Fruit Mixers 'Life is a Mix' Event at Bryant Park Grill

Fashion Week Event: Daily's Fruit Mixers 'Life is a Mix' Event at Bryant Park Grill

WHAT: Daily's Fruit Mixers, America's premium brand of cocktail mixes is
making a splash during Fashion Week with the first annual "Life is
a Mix" Event and Daily's Mix-Off -- an exclusive, invitation-only
event. A limited number of media seats are still available.

WHEN: Thursday, September 15, 2:00 pm

WHERE: Bryant Park Grill

WHO:

- Leon Hall, fashion icon and red carpet commentator, will host the
event. He notes, "A woman's drink is yet another accessory - a fashion
statement, as much as her shoes or her bag."

- Celebrity judges Katey Sagal, Paige Davis, Carol Saline and Gabrielle
Hamilton will select the winner of the Daily's Fruit Mixers Mix-Off.

- Six finalists - fabulous women selected by Daily's from all over the
country - will participate in the Mix-Off, blending, shaking or
stirring their signature cocktail creation using Daily's Fruit Mixers
for a unique taste experience.

- Dress for Success will receive a $5,000 contribution from Daily's.

WHY: Daily's is reintroducing its full line of premium cocktail mixers by
saluting the American woman whose "Life is a Mix" of roles,
responsibilities and interests, and who deserves nothing less than
the exciting refreshing real-fruit taste experience of a Daily's
cocktail when it's time to celebrate or relax.

Media Contact:
Lauren Trocano
(412) 995-9642
(412) 401-6875
ltrocano@blattnerbrunner.com

PRNewswire -- Sept. 13

Source: Daily's

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Profile: Fashion

W Magazine and GUESS? Present the 3rd Annual W Hollywood Yard Sale Hosted By Jane Kaczmarek and Bradley Whitford to Benefit Clothes Off Our Back

W Magazine and GUESS? Present the 3rd Annual W Hollywood Yard Sale Hosted By Jane Kaczmarek and Bradley Whitford to Benefit Clothes Off Our Back

LOS ANGELES, Sept. 13 /PRNewswire/ -- On September 17, 2005, W Magazine will be hosting the W Hollywood Yard Sale presented by GUESS. Clothes Off Our Back is the benefiting charity of what is Hollywood's version of the all- American yard sale. The event, which is open to the public from 12pm to 5pm will be hosted at a private mansion located at 251 North Bristol Avenue in Brentwood.

Guests will be able to meet celebrities, browse and shop all for charity. Celebrities "man" their own booths selling items from their personal and professional lives that are no longer needed -- just like a real yard sale! Everything from unused decorative accessories from the sets of their TV shows, clothes worn to red carpet events, and unwanted gift bag items will be sold at super-reduced prices. Celebrities such as Gail O'Grady, Lisa Rinna, Cheryl Hines, Nia Vardalos, Alana & Sean Stewart, Lisa Edlestein, Andrea Bowen, Kate Linder, Brenda Strong of "Desperate Housewives" and more will be on hand to sell merchandise from their own closets as well as select wares from such adored brands and names as Lisa Kline, Converse, Diane von Furstenberg, Belle Gray, Industry, Joie, dwell, C&C California, LeSportsac, Eberjey and more! Such sought after beauty companies such as Warren-Tricomi and Z. Bigatti will be pampering celebrities and guests with facial treatments, beauty applications and hair styling.

The event is a family-friendly event with a Kid's Corner where children can enjoy magicians, caricature drawings, balloon artists, and make-your-own tye-dye tee's etc. Guests will enjoy live musical performances by special celebrity DJ Rosanna Arquette and Big Dume.

All money raised from the W Magazine Hollywood Yard Sale presented by GUESS? will be donated to Clothes Off Our Back. Founded by Jane Kaczmarek and Bradley Whitford, the Clothes Off Our Back Foundation works with celebrities, designers and high profile individuals to share their good fortune and donate clothing and accessories for auction to benefit children's charities. The items are put up for bid to the public -- all in the name of charity. Over 175 celebrities have participated in Clothes Off Our Back auctions since its inception in 2002, helping raise nearly $500,000 for various children's charities. Additional information can be found at www.clothesoffourback.org.

Also, on September 18th through September 28th an online auction of autographed t-shirts by such celebrities as Jamie Lynn Discala, Kimberly Stewart, Jillian Barberie, Alan Cumming, DJ AM, the cast of ER, Jane Kaz, Wesley Jonathan and more will be up for people to purchase on the Clothes Off Our Back website!

Complete list of Celebrities & Vendors putting their used items to a good cause include:

2xist -- Alana and Sean Stewart for the Stewart Family Booth -- Alex Woo - - Amy McCarthy -- Andrea Bowen -- Ashley Tisdale & Brenda Song -- Baskin- Robbins -- Belle Gray by Lisa Rinna -- Borba -- Brenda Strong -- C&C California -- Cheryl Hines -- Christina Moore -- Converse -- Dee's Grooming -- Diane Von Furstenberg -- Drifter -- dwell/dwell baby -- e.l.f. -- Eberjey -- Essie -- eXtra TV Trivia Booth -- Faire Frou Frou -- Felissimo -- Fifi & Romeo -- FILA -- Gbenga Akinnagbe -- GUESS? -- Guinot -- Inconceivable -- Jaqua -- Joie -- Kate Linder -- LaLicious -- Lauralee Bell and Shauna Stein for ON SUNSET -- LeSportsac -- Lisa Edelstein -- Lisa Klein -- Malcolm in the Middle -- Michele Marcombe -- Monica's on Broxton -- NBC Daytime -- Perrier -- Phillips Union Whiskey -- PowerHouse Books -- Purp7e -- Samantha Thavasa New York -- Scanty -- Seychelles Footwear -- Shanna Moakler -- Sheetal Sheth -- Skulls & Cross Bones -- Sprint Nextel Corporation -- Star 98.7 FM -- Taraji Henson -- The Dresser -- The Walt Disney Co. -- The West Wing -- Thomas "Thunder" Keller -- Tres LA -- Warren-Tricomi Salon -- Z. Bigatti -- And More!

Source: W Magazine

CONTACT: THINK PR, +1-212-343-3920

Web site: http://www.clothesoffourback.org/

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Profile: Fashion

Esprit Reports 67% Net Profit Growth

Esprit Reports 67% Net Profit Growth

Record High Turnover, Margins and ROE

-- Group turnover increased 26% to over HK$20 billion
-- Earnings per share rose 66% to HK$2.79
-- Net profit margin expanded to 16.2%
-- Return on Shareholders' Equity over 53%
-- Proposed total dividend: HK$1.8 billion
final: HK$0.66/share, special: HK$0.84/share

HONG KONG, Sept. 13 /Xinhua-PRNewswire/ -- Esprit Holdings Limited today announced final results for the fiscal year ended June 30, 2005.

Commenting on the results, Mr. Michael Ying, Chairman of the Board, said, "FY2004/2005 results demonstrated that we are on our way in making Esprit the leading lifestyle brand name in the world. We continued fostering business growth while delivering solid results and setting new records,"

Mr. Ying continued, "Armed with a net cash inflow from operating activities of over HK$2.7 billion and a debt-free balance sheet, the Board proposes to distribute approximately HK$1.8 billion in total dividends to our shareholders,"

Mr. Heinz Krogner, Deputy Chairman and Group CEO commented, "While our core markets remain in Germany and Benelux, strong growth is seen in France, Scandinavia and Austria. Furthermore, we have established a firm footing in new markets such as Spain, Italy and the Middle East. We have also reached a major milestone where the right strategic platform and a scalable business model are in place,"

Mr. John Poon, Deputy Chairman and Group CFO, stated, "Global sales grew 26% and exceeded HK$20 billion, net profits rose 67% to HK$3.3 billion and to top it all, we have attained record breaking margins. The Group's operating margin (EBIT margin) rose 2.8% points to over 20% and net profit margin expanded 4% points to over 16%,"

Mr. Krogner added, "In the new financial year, we will continue with our strategic international expansion while maintaining a reasonable return. In addition to 1,400 wholesale points-of-sales planned, the Group has committed around HK$900 million to open over 110 new directly managed retail stores and renovate existing outlets worldwide,"

"Though the achievements in FY2004/2005 were remarkable," said Mr. Ying, "we will continue to strengthen our operations in anticipation of future challenges and pursue new initiatives to fuel sustainable growth in the long run," concluded Mr. Ying.

ESPRIT HOLDINGS LIMITED
AUDITED CONSOLIDATED FINANCIAL DATA
(in HK$ millions, except per share data)

Year Ended June 30 Year-on-year
2005 2004 growth
Turnover 20,632 16,357 26.1%
Operating Profit
(EBIT) 4,202 2,872 46.3%
Profit attributable
to Shareholders 3,338 2,003 66.6%

Operating Margin 20.4% 17.6% 2.8% pts
Net Margin 16.2% 12.2% 4.0% pts

Basic EPS HK$2.79 HK$1.68 66.0%

Final Dividend HK$0.66 HK$0.48 37.5%
Special Dividend HK$0.84 HK$0.50 68.0%

Return on Equity
(ROE) 53.6% 41.7% 11.9% pts
Shareholders' Funds 7,039 5,415 30.0%

Esprit Holdings Limited ( www.espritholdings.com ) is a constituent stock of the Hang Seng Index, MSCI Hong Kong Index, FTSE All-World Index for Hong Kong, S&P/HKEx LargeCap Index and S&P Asia 50 Index. Its subsidiaries are engaged in the retail and wholesale distribution of quality lifestyle products designed under its globally recognized ESPRIT brand and of cosmetic and body care products under its RED EARTH brand. The Group operates approximately 630 directly managed retail stores worldwide and distribute through over 9,700 wholesale points-of-sales internationally, occupying over 630,000 square meters of retail space in more than 40 countries.

For further details or enquiry, please contact Karen Koo

Tel: +852-2765-4360
Fax: +852-2362-5576
Email: karen.koo@esprit.com

The information contained herein is not for publication or distribution in the United States. These materials do not contain or constitute an offer of securities for sale in the United Sales or to any "U.S. Person" as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Act"). The securities referred to herein have not been and will not be registered under the Act, and may not be offered or sold in the United States absent registration under such Act or an available exemption from it.

Source: Esprit Holdings Limited

CONTACT: Karen Koo, +852-2765-4360, or karen.koo@esprit.com

Web site: http://www.espritholdings.com/

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Profile: Fashion

J.Crew Reports Strong Operating Income Improvement In Second Quarter

J.Crew Reports Strong Operating Income Improvement In Second Quarter

NEW YORK, Sept. 13 /PRNewswire/ -- J.Crew Group, Inc. announced today that its operating income for the thirteen weeks ended July 30, 2005 increased by 150% to $20 million, compared to $8 million in the comparable period last year. This increase was driven primarily by a 22% increase in revenues and higher gross margins.

Millard Drexler, Chairman and CEO, said, "We are pleased with our customer's response to our continuing focus on quality, styling, and craftsmanship combined with our customer service initiatives."

Consolidated revenues for the thirteen weeks ended July 30, 2005 increased 22% to $229 million from $188 million last year. Store sales (Retail and Factory stores) increased by 17% to $163 million, compared to $139 million last year. Comparable store sales increased by 15%. Direct sales (Internet and Catalog) increased by 35% to $58 million, as compared to $43 million last year.

Gross margin increased to 42% of revenues in the second quarter, compared to 39% last year. The increase was primarily attributable to lower markdowns in all sales channels.

Selling, general and administrative expenses during the quarter were $77 million, or 34% of revenues vs. $66 million or 35% in the prior year period.

Net income for the second quarter increased by $16 million to $2 million, compared to a net loss of $14 million in the prior year. This increase resulted from the $12 million increase in operating income and a $4 million decrease in interest expense as a result of debt refinancing in the fourth quarter of 2004.

Consolidated revenues for the twenty-six weeks ended July 30, 2005 were $440 million compared to $334 million last year, an increase of 32%. Store sales increased by 27% to $308 million from $243 million, as comparable store sales increased by 24%. Direct sales increased by 48% to $118 million from $80 million last year. Direct sales in the first half of 2004 were adversely impacted by reduced inventory levels.

Gross margin for the twenty-six weeks ended July 30, 2005 increased to 44% of revenues compared to 40% last year, resulting from a decrease in buying and occupancy costs as a percentage of revenues and lower markdowns across all channels.

Selling, general and administrative expenses for the twenty-six weeks ended July 30, 2005 increased to $150 million, or 34% of revenues, from $130 million, or 39% last year.

Operating income for the twenty-six week period was $43 million compared to $5 million last year, an improvement of $38 million. Net income for the first half of 2005 was $7 million, compared to a loss of $38 million last year.

Inventory at July 30, 2005 was $111 million, an increase of 18% over the prior year,. There were no outstanding borrowings under the Company's working capital facility during the first half of 2004 or 2005.

Recent Development

On August 17, 2005, the Company filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

Second Quarter Conference Call

The Company will not hold a conference call regarding second quarter results.

J.Crew Group, Inc. is a nationally recognized multi-channel retailer of quality women's and men's apparel, shoes and accessories. The Company operates 156 retail stores, the J.Crew catalog business, j.crew.com and 44 factory outlet stores.

Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual results of operations may differ materially from historical results or current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes in the overall level of consumer spending or preferences in apparel, the performance of the Company's products within the prevailing retail environment, trade restrictions, political or financial instability in countries where the Company's goods are manufactured, postal rate increases, paper and printing costs, availability of suitable store locations at appropriate terms and other factors which are set forth in the Company's Form 10-K and in all filings with the SEC made by the Company subsequent to the filing of the Form 10-K. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

J.Crew Group, Inc.
Summary of Operations

Thirteen weeks ended Twenty-six weeks ended
7/31/04 7/30/05 7/31/04 7/30/05
(Unaudited)
($ in millions)
Revenues $188 $229 $334 $440

Cost of sales,
including buying and
occupancy costs 114 132 199 247

Gross profit 74 97 135 193

Selling, general and
administrative expenses 66 77 130 150

Operating income 8 20 5 43

Interest expense 22 18 43 35

Income (loss) before
income taxes (14) 2 (38) 8

Income taxes - - - 1

Net income (loss) $(14) $2 $(38) $7

Summary of Revenues

Stores (Retail and
Factory) $139 $163 $243 $ 308
Direct (Internet and
Catalog) 43 58 80 118
Other 6 8 11 14

Total $188 $229 $334 $440

Comp store sales 12% 15% 9% 24%

Number of stores:
Retail 155 156
Factory 42 43

J.Crew Group, Inc.
Summary Balance Sheet Data
At
7/31/04 7/30/05
(Unaudited)
($ in millions)
Assets
Cash $35 $30

Inventories 94 111

Property and equipment, net 127 113

Other 37 45

Total $293 $299

Liabilities and stockholders' deficit
Current liabilities $102 $126

Deferred credits 54 57

Long-term debt (includes current portion) (a) 556 603

Preferred stock 93 93

Stockholders' deficit (512) (580)

Total $293 $299

Twenty-six weeks ended
7/31/04 7/30/05
(Unaudited)
($ in millions)

Other Data

EBITDA (b) $23 $59
Cash interest paid (10) (15)
Changes in assets and liabilities (21) (31)
Cash provided by (used in) operations (8) 13

Cash provided by (used in) financing activities (1) 1

Capital expenditures (6) (8)

(Decrease) increase in cash $(15) $6

(a) Redeemable preferred stock of $234 million and $284 million is
included in long-term debt as of July 31, 2004 and July 30, 2005,
respectively.

(b) Earnings before interest, taxes, depreciation and amortization
(EBITDA) should not be considered as an alternative to any measure of
operating results as promulgated under generally accepted accounting
principles, including operating income and net income. The Company
uses EBITDA as a supplemental measure of cash flow. Management and
investors often use EBITDA as a measure of a company's ability to
service its debt. Other companies may calculate EBITDA differently
and therefore, our calculations are not necessarily comparable with
similarly titled figures for other companies.

Source: J.Crew Group, Inc.

CONTACT: James Scully, Chief Financial Officer of J.Crew Group, Inc.,
+1-212-209-8040; or Owen Blicksilver of Owen Blicksilver PR, +1-516-742-5950

Web site: http://www.jcrew.com/

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Profile: Fashion

Barneys New York Announces Promotion of Julie Gilhart

Barneys New York Announces Promotion of Julie Gilhart

NEW YORK, Sept. 13 /PRNewswire-FirstCall/ -- Barneys New York ("Barneys"), a wholly owned subsidiary of Jones Apparel Group, Inc. (NYSE:JNY), announced today that Julie Gilhart has been promoted to Senior Vice President, Fashion Director/Women's. Ms. Gilhart, who has been with Barneys since 1992, previously held the title of Vice President, Fashion Merchandising/Women's.

"Julie is a very big part of what makes the fashion mix at Barneys so unique," stated Chairman Howard Socol. She continues to report to Judy Collinson, Executive Vice President, GMM/Women's.

Jones Apparel Group, Inc. (http://www.jny.com/), a Fortune 500 company, is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. We also market directly to consumers through our chain of specialty retail and value-based stores, and operate the Barneys New York chain of luxury stores. Our nationally recognized brands include Jones New York, Evan-Picone, Norton McNaughton, Gloria Vanderbilt, Erika, l.e.i., Energie, Nine West, Easy Spirit, Enzo Angiolini, Bandolino, Joan & David, Mootsies Tootsies, Sam & Libby, Napier, Judith Jack, Kasper, Anne Klein, Albert Nipon, Le Suit and Barneys New York. The Company also markets apparel under the Polo Jeans Company brand licensed from Polo Ralph Lauren Corporation, costume jewelry under the Tommy Hilfiger brand licensed from Tommy Hilfiger Licensing, Inc. and the Givenchy brand licensed from Givenchy Corporation and footwear under the Dockers Women brand licensed from Levi Strauss & Co. Each brand is differentiated by its own distinctive styling, pricing strategy, distribution channel and target consumer. We primarily contract for the manufacture of our products through a worldwide network of quality manufacturers. We have capitalized on our nationally known brand names by entering into various licenses for several of our trademarks, including Jones New York, Evan-Picone, Anne Klein New York, Nine West, Gloria Vanderbilt and l.e.i., with select manufacturers of women's and men's products which we do not manufacture. For more than 30 years, we have built a reputation for excellence in product quality and value, and in operational execution.

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding the Company's expected financial position, business and financing plans are forward-looking statements. The words "believes," "expects," "plans," "intends," "anticipates" and similar expressions identify forward-looking statements. Forward-looking statements also include representations of the Company's expectations or beliefs concerning future events that involve risks and uncertainties, including:

-- those associated with the effect of national and regional economic
conditions;
-- lowered levels of consumer spending resulting from a general economic
downturn or lower levels of consumer confidence or generally reduced
shopping activity caused by public safety concerns;
-- the performance of the Company's products within the prevailing retail
environment;
-- customer acceptance of both new designs and newly-introduced product
lines;
-- the Company's reliance on a few department store groups for large
portions of the Company's business;
-- consolidation of the Company's retail customers;
-- financial difficulties encountered by customers;
-- the effects of vigorous competition in the markets in which the
Company operates;
-- the Company's ability to identify acquisition candidates and acquire
such businesses on reasonable financial and other terms, in an
increasingly competitive environment for such acquisitions;
-- the integration of the organizations and operations of any acquired
businesses into the Company's existing organization and operations;
-- the Company's reliance on independent foreign manufacturers;
-- changes in the costs of raw materials, labor and advertising;
-- the general inability to obtain higher wholesale prices for the
Company's products that the Company has experienced for many years;
-- the uncertainties of sourcing associated with the new environment in
which quota has been eliminated on apparel products while political
pressure is building for the re-imposition of quotas in certain
categories; and
-- the Company's ability to secure and protect trademarks and other
intellectual property rights.

A further description of these risks and uncertainties and other important factors that could cause actual results to differ materially from the Company's expectations can be found in the Company's Annual Report on Form 10- K/A for the fiscal year ended December 31, 2004, including, but not limited to, the Statement Regarding Forward-Looking Disclosure and the information concerning trends and risk factors included in Management's Discussion and Analysis of Financial Condition and Results of Operations therein, and in the Company's other filings with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such expectations may prove to be incorrect. The Company does not undertake to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Source: Jones Apparel Group, Inc.

CONTACT: Investor Relations: Jones Apparel Group: Wesley R. Card, Chief
Operating and Financial Officer, or Anita Britt, Executive Vice President
Finance, +1-215-785-4000, or Public Relations: Barneys New York: Dawn Brown,
Vice President Publicity, +1-212-450-8699

Web site: http://www.jny.com/

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Profile: Fashion

Victoria's Secret Wishes Luck to Emmy Nominees

Victoria's Secret Wishes Luck to Emmy Nominees

VS's Exclusive Emmy Nominee Gift is Inspired by America's #1 Prestige Fragrance, Dream Angels Heavenly

NEW YORK, Sept. 13 /PRNewswire/ -- Victoria's Secret is wishing good luck to female best-actress nominees as they prepare for the big awards ceremony. The lingerie and beauty company is sending a special delivery to best actress nominees (comedy and drama categories) that includes an exclusive Diamond Angel Wing Pendant, designed by international jeweler Mouawad and valued at $1,000. The angel wing is unavailable to the public and is worn by another exclusive group -- the world-famous Victoria's Secret supermodels each have one.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050913/NYTU078 )

Also included in the gift is a deluxe bottle of Dream Angels Heavenly fragrance, America's favorite prestige fragrance. It was recently revealed that Victoria's Secret's best-selling fragrance, Dream Angels Heavenly, out-performed all other prestige fragrances in the marketplace for the first half of the year. And while the public is hot for Heavenly, the nominees never have to worry about Victoria's Secret running out of stock. They will receive a Dream Angels VIP card, featuring a secret "Heavenly Hotline" phone number, so the Emmy nominees can order additional fragrance for themselves or to give as gifts whenever they like.

Victoria's Secret is a business of Limited Brands (NYSE:LTD) with modern, fashion-inspired collections, prestige beauty collections, celebrated supermodels and world-famous runway shows. Over 1000 Victoria's Secret Lingerie and Beauty Stores, the Victoria's Secret Catalogue and VictoriasSecret.com allow customers to shop the brand anywhere, any time, from any place.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050913/NYTU078
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN5
PRN Photo Desk, photodesk@prnewswire.com
Source: Victoria's Secret

CONTACT: Christina Carathanassis of Victoria's Secret Beauty,
+1-212-424-0680, ccarathanassis@victoria.com; or Hilla Narov of Full Picture,
+1-212-367-8078, hnarov@fullpic.com

Web site: http://www.victoriassecret.com/

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Profile: Fashion

PeoplePC Online Partners With the 'Coupon Mom' to Launch www.saveamillion.net

PeoplePC Online Partners With the 'Coupon Mom' to Launch www.saveamillion.net

Campaign Offers Tips to Help Individuals and Families Save More Than $1.5 Million Over 25 Years

SAN FRANCISCO, Sept. 13 /PRNewswire/ -- Today, saving is a challenge for many Americans -- especially with soaring prices at the gas pump and in the grocery market check-out line. To help consumers get more value from their hard earned dollars, PeoplePC, a leading provider of high-quality, value- priced Internet service and subsidiary of EarthLink (NASDAQ:ELNK), has launched the "Save a Million" campaign (www.saveamillion.net).

Partnering with "Coupon Mom" Stephanie Nelson, national consumer expert and mother of two, PeoplePC created www.saveamillion.net to offer tips and resources that can help families grow their nest eggs to approximately $1.5 million over the next 25 years. In addition to practical ways to uncover great values on Internet access, gas, groceries and entertainment, the Web site includes helpful resources for earning interest on savings, paying down mortgages and managing family finances.

"Everyone wants to save a million dollars, but not every one knows how," said Nelson, "As PeoplePC's value expert, I am helping consumers cut costs and make the most of their hard earned dollars. By sticking to a plan and following the budgeting and money management advice offered at www.saveamillion.net, anyone can become a millionaire."

"A commitment to helping consumers get an outstanding value for a reasonable price has made PeoplePC the nation's fastest growing ISP with more than one million members. The same commitment drove us to launch the 'Save a Million' campaign," said Hilary Jensen, PeoplePC's vice president of product marketing. "With the "Coupon Mom's" advice, Americans can boost their bank accounts not only by saving on Internet access, but saving in virtually every aspect of their lives."

Top Ways to Save Your Way to $1.5 Million:

The "Coupon Mom" offers eleven easy steps consumers can take to save their ways to $1.5 million dollars (based on 2005 prices). For example:

1. Focus on your fixed expenses. Keep a regular check of your basic
household expenses, such as phone and Internet access, to make sure
you're taking advantage of the most competitive rates available. Bag
a bargain with a value ISP such as PeoplePC (www.peoplepc.com)
that offers affordable Internet access for $10.95 per month and
includes e-mail virus protection, spam controls, and pop up blocker.
Savings potential if invested: $11,467 over 25 years.
2. Eat smart. Spend less. After housing and auto costs, food costs are
typically the third highest expense in a household budget. So, plan a
week's meals around your grocer's weekly sales and coupons, check out
www.couponmom.com frequently and only buy items on your
shopping list. Use coupons and discounted restaurant gift
certificates when eating out. Save an average of $112 per month.
$97,660 over 25 years.
3. Pack some fruit. Save your loot. If you're in the habit of buying
lunch on the run or picking up a daily latte at the coffee shop, you
could save time, money and calories by drinking your daily dose of
caffeine at home and packing lunch to bring with you. This simple
change could save $5 to $10 per day. $95,110 over 25 years.

For the "Coupon Mom's" full list of tips that add up to $1.5 million, insider ways to save and an opportunity to submit questions, visit www.saveamillion.net.

About PeoplePC

PeoplePC, an EarthLink company (NASDAQ:ELNK), is a leading provider of high-quality, value-priced Internet service through its PeoplePC Online brand. PeoplePC is committed to making it easy and affordable for consumers to get online. The PeoplePC platform ensures quality connections and fewer busy signals though the use of proprietary Smart Dialer technology. Visit us at www.peoplepc.com.

About Stephanie Nelson, Coupon Mom and Value Expert For PeoplePC

Stephanie Nelson, The Coupon Mom(TM), and value expert for PeoplePC, specializes in helping consumers become savvier about finding every day bargains and value. As the Coupon Mom, www.couponmom.com/, Stephanie is a regular contributor on ABC News' Good Morning America, providing advice on how to save by being smart with coupons on everything from groceries, gasoline and theme. Stephanie's Virtual Coupon Organizer, a coupon-organizing tool, has helped thousands of families get better deals. Stephanie holds a degree in finance and has ten years of experience as a sales executive with Procter & Gamble and Marriott Hotels. Founder of the "Cut Out Hunger" program, Stephanie also advises consumers on how to help buy groceries with coupons to help fill community food banks and soup kitchens. In her first book, Greatest Secrets of the Coupon Mom, Stephanie shares her trademark saving techniques and offers inspirational stories from families who have followed her advice and given to charities.

Source: PeoplePC

CONTACT: Deisha Galberth of PeoplePC, +1-404-748-7146, or
Galberth@corp.earthlink.net

Web site: http://www.saveamillion.net/
http://www.peoplepc.com/
http://www.couponmom.com/

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Profile: Fashion

Alternative to Controversial School Drug Testing Programs Gives Parents Responsibility Through TestMyTeen.com

Alternative to Controversial School Drug Testing Programs Gives Parents Responsibility Through TestMyTeen.com

ST. LOUIS, Sept. 13 /PRNewswire/ -- An alternative to controversial school drug testing programs gives the responsibility of protecting teens and their privacy back to parents. The TestMyTeen.com approach provides home-testing kits to parents and funding to schools.

When parents purchase kits online, they create a socially acceptable way for kids to deflect the peer pressure that comes after saying no to drugs, alcohol, or tobacco. Parents may also direct a portion of revenues to their child's school. See http://www.testmyteen.com/ .

According to Mason Duchatschek, the Executive Director of TestMyTeen.com, the words "my parents test me" stop pushy peers in their tracks. He also says that parents can enjoy relief knowing they can prevent or detect usage prior to addictions setting in and law enforcement officers, school officials, or potential employers finding out.

"In the past, programs dictated by schools aimed only at students in extracurricular activities, depleted scarce resources, and turned parents into adversaries instead of allies over privacy," says Duchatschek. He adds, "It took input from students, teachers, and parents to eliminate those obstacles and suggest necessary improvements."

To ensure accuracy, home-based testing kits utilize the same technologies found in medical labs and clinics. Because kits are administered by parents in the privacy of their home, ordered via the Internet, and shipped using non-descript packaging, confidentiality is protected.

A "Monitoring the Future Study" conducted by the National Institute of Drug Abuse (NIDA) has revealed that while 53% of high school seniors admitted to some drug use, only 18% of parents believed their teen had tried drugs. Consequently, while parents are encouraged to trust their kids, Duchatschek says they need to verify their trust is warranted.

Additional resources for parents and school officials regarding this program are available at http://www.testmyteen.com/ . Revenue sharing programs are offered to schools that register, free of charge, with the TestMyTeen.com alliance.

Contact: Mason Duchatschek, TestMyTeen.com, 1-314-414-5500, mason@testmyteen.com

Source: TestMyTeen.com

CONTACT: Mason Duchatschek of TestMyTeen.com, +1-314-414-5500,
mason@testmyteen.com

Web site: http://www.testmyteen.com/

NOTE TO EDITORS: Duchatschek available for interview

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Profile: Fashion

Greek Thought Leader Shares Post-Labor Day Wisdom on the Anatomy of a 'DIY'er

Greek Thought Leader Shares Post-Labor Day Wisdom on the Anatomy of a 'DIY'er

CHICAGO, Sept. 13 /PRNewswire/ -- While most people spent Labor Day weekend getting some R&R, many Americans determined if working for oneself will pave the way to greener pastures. To be sure, self-starting professionals are changing how they perform business operations -- as well as their daily lives.

While Americans are more willing to fix a plumbing problem (54.6%) than climb a mountain (15.8%), they are also just as likely to start their own business. So says Chicago-based Socrates ( http://www.socrates.com/ ), a national DIY legal solutions provider who recently polled more than 1,000 Americans on issues relating to activities completed without outside professional help.

The do-it-yourself (DIY) mentality is moving away from hardware stores and into people's daily routines, according to Socrates' research. Answers revealed in the survey confirmed this DIY trend extends beyond pipes and drains; it is impacting businesses owners, operations and media usage.

The Rise of DIY Lifestyle & the "Reality TV Effect"

Consumers are taking control of everything -- from the way they shop and manage real estate to operating a business. The DIY lifestyle is indicative of how people use outside resources. Consider the following:

-- 54.9% of survey respondents would start a business on their own.
-- 57.7% of those surveyed said they would lease or rent property and
49.3% said they would complete a contract negotiation without the help
of a professional.
-- In terms of shopping habits, 93.5% of respondents preferred searching
online to learn more about products and services they plan to purchase
-- higher than asking a friend or family member or reading material
from articles and catalogs.
-- When searching the Internet for information on products and services
they plan to purchase, 94% use a general search engine versus the
specific Web site. One conclusion is that consumers want to do their
own research to ensure all views are presented. They might not trust
information directly from the product's site.

"Technology has changed how we view resources and do things on our own. This survey shows how powerful self-reliance has become," said Socrates Consumer Marketing Director Michael Kahn. "The fast-paced transfer of knowledge is allowing more people to see what options are available in the business world -- options beyond the norm."

Reality and informational shows on mainstream and cable channels, alike, have given Americans the lift they needed to attain their dreams. This newfound knowledge is helping to boost consumer confidence in DIY projects, concurrently supporting the growth of small businesses.

-- Cable television is the preferred news media outlet for 25.5% of
respondents.
-- DIY-supporting retailers such as Wal-Mart, Office Depot, Lowe's,
Staples, and Home Depot topped the list of stores most often visited
in the past six months.

"Everyday people now have motivation to leave their prior existence behind in order to start a new life with personal gratification and meaning," Kahn said. "Business products and services need to be conscious of this societal trend to ensure their products are meeting new needs."

The Anatomy of a Small Business Owner

Being your own boss allows the business freedom that we all crave, but what are small business owners really doing during the day? Socrates' "small business time clock" details a day in the life of the typical small business owner. Such duties include:

-- Information gathering. 28.4% of small business owners listen to the
radio 4-8 hours a day. This could also be interpreted as
multi-tasking -- absorbing information while working.
-- Net surfing. Most entrepreneurs are Internet-savvy, but may not be
using lightning fast connections for better work productivity
(72.7% were connected to the internet through Broadband and spent
4-8 hours surfing the net for unrelated work research).
-- Keeping the ship afloat. Many small business owners do it all --
payroll, accounting, managing employees, collecting debts, AND holding
responsibility for the company's products or services. Socrates
suggests small business owners learn about the DIY legal options
available for small businesses either through its array of products or
through other sources.
-- Seeking a key shipmate. When asked what one source of information or
entertainment they would have if marooned on a deserted island, more
than half of small business owners said their computer with a wireless
internet connection. Only one said "wife."

Society is redefining the role of consultants and the self-employed -- they're not just sitting behind the desk. Many small business owners chart their own course with a desire to seek life change -- pace, pay, goals, etc. Each new business expedition encounters stress and anxiety, but those squalls can be diverted with concise planning and support materials.

"We believe small business owners should focus more on performance, not process. Socrates materials are designed with the independent philosophy in mind," said Kahn. "They can assist in charting a more streamlined course toward business success."

Socrates is the leading brand of needed know-how solutions for individuals and small businesses. The Socrates brand offers thousands of relevant, compliant, comprehensive and lower cost do-it-yourself alternatives to high-cost legal and professional services. These forms, kits, software, guides, books, downloadables and completion services help consumers solve everyday legal, finance and business management matters themselves. Socrates offers its products through retailers, marketing partners and direct online through http://www.socrates.com/ .

Source: Socrates

CONTACT: Amy Francis or Michael Shmarak, for Socrates, +1-312-587-7677

Web site: http://www.socrates.com/

NOTE TO EDITORS: Full results of the survey are available upon request.

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Profile: Fashion