Jones Group Eyes Denim Division Sale

Jones Group is considering a sale of its denim business. The company, whose brands include Nine West and Anne Klein, said Oct. 11 that it's in talks with clothing maker Delta Galil Industries to sell its jeanswear division for about $350 million to $400 million. Jones expects talks to be completed by the end of the month, but said a deal hasn't been reached and a transaction isn't guaranteed.