Summary of JONES APPAREL GROUP INC

Item 7.01 Regulation FD Disclosure.

On May 12, 2009, Jones Apparel Group, Inc. (the "Company") announced that it, Jones Apparel Group Holdings, Inc., Jones Apparel Group USA, Inc., Nine West Footwear Corporation and Jones Retail Corporation (together, the "Issuers") had further extended the expiration date of their previously announced tender offer for their outstanding 4.250% Senior Notes due 2009 (the "2009 Notes") to 9:00
a.m., New York City time, on May 13, 2009, unless further extended or earlier terminated by the Issuers (such time and date, as the same may be further extended or earlier terminated, the "Tender Expiration Date").

As of 10:00 a.m., New York City time, on May 12, 2009, the Issuers had received tenders with respect to $242,518,000 principal amount, or approximately 97% of the aggregate principal amount, of the outstanding 2009 Notes pursuant to the tender offer.

As a result of the extension of the tender offer, holders who have not previously tendered their 2009 Notes and wish to receive the Tender Offer Consideration (as defined below) for the 2009 Notes must validly tender and not validly withdraw their 2009 Notes on or prior to the Tender Expiration Date. Holders who have previously tendered 2009 Notes do not need to re-tender their 2009 Notes or take any other action in response to this extension.

The consideration for each $1,000 principal amount of 2009 Notes validly tendered and accepted for payment pursuant to the tender offer is $980 (the "Tender Offer Consideration"), plus accrued and unpaid interest from the last interest payment date to, but excluding, the settlement date for 2009 Notes purchased pursuant to the tender offer.

The Company issued a press release on May 12, 2009 announcing the extension of the tender offer, which is attached hereto as Exhibit 99.1 and furnished herewith.