Jones NY Gets Canadian Retail Partner

Grafton Fraser has acquired all 35 Jones New York retail stores across Canada and signed with Authentic Brands Group to operate the brand's e-commerce in the country.

April 6, 2018

Jones NY Gets Canadian Retail Partner

Grafton Fraser takes over Jones New York retail operations in Canada.

Canadian menswear retailer Grafton Fraser has acquired all 35 Jones New York retail stores across Canada and signed a deal with brand owner Authentic Brands Group to operate Jones New York e-commerce in the country.

In partnership with ABG, Grafton Fraser has secured Jones New York’s place in the Canadian fashion market. In addition to taking over existing stores and e-commerce operations, Grafton Fraser also plans to expand the number of Jones New York storefronts in the near future.

"We are very excited to add Jones New York women’s clothing stores to our growing fashion retail portfolio,” says Dave McGregor, president and chief executive officer, Grafton Fraser. “For more than two decades Jones New York has been a trusted fashion brand in Canada that women have looked to for its timeless elegance, great quality and style. We bring 100-plus years of experience to Canadian fashion retail, and see Jones New York as a perfect fit for Grafton.”

Authentic Brands Group bought the Jones New York

brand in April from a portfolio company of the private equity firm Sycamore Partners. Currently the brand drives nearly $1 billion Canadian (approx. $750 million USD) in retail sales across department stores in key markets including the U.S., Canada, Europe, the Middle East and Latin America.

“Grafton Fraser has the proven leadership, experience and team to reinforce Jones New York’s powerful presence in the Canadian fashion market,” says Jamie Salter, chairman and chief executive officer, Authentic Brands Group. “We look forward to working with Grafton Fraser as we continue to grow the Jones New York retail footprint in North America.”

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