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Article: Maxwell Shoe Company Inc. to Open Sam & Libby and Jones New York Retail Footwear Stores Through Joint Venture
- Article from:
- PR Newswire
- Article date:
- April 14, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HYDE PARK, Mass., April 14 /PRNewswire/ -- Maxwell Shoe Company Inc., (Nasdaq: MAXS) announced today that it has completed a transaction to own and operate approximately 130 retail women's footwear stores through a joint-venture, SLJ Retail LLC. Located in 24 states, the stores will sell a complete selection of women's footwear under the Sam & Libby and Jones New York brand names.
Maxwell Shoe has entered into the joint venture agreement with The Butler Group Inc., owners of a chain of women's shoe stores located in the East, Southeast, Texas and California. Approximately 130 of the chain's best locations in high-end shopping malls will be contributed to ...