Business

Jones Group to close 170 stores, cut 800 jobs

NEW YORK — Jones Group, a clothing, shoes, and accessories maker that owns chains including Nine West and Easy Spirit, on Wednesday said it is closing 170 US stores and slashing jobs as part of a plan to improve profitability.

A spokeswoman said 8 percent of the company’s 10,000 jobs will be cut, or about 800 positions.

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The New York City company, which also sells its products through department stores, had had stagnant sales, and it posted a loss last year. Its sportswear lines and its own stores run lots of discounts. In the first quarter, it expects adjusted earnings per share to fall by about half ­because of more markdowns.

The company is cutting 18 percent of the staff in its stores and 2 percent of its corporate and supply chain jobs.

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