UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 1, 1999
NINE WEST GROUP INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-11161 06-1093855
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(State of (Commission File Number) IRS Employer
Incorporation) Identification No.
Nine West Plaza
1129 Westchester Avenue
White Plains, New York 10604
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(Address of principal executive offices) (Zip Code)
(314) 579-8812
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(Registrant's telephone number)
Item 5. Other Events
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On February 1, 1999, the registrant issued a press release announcing
that it was informed on that date by the staff of the United States Securities
and Exchange Commission that its pending investigation of the registrant has
been terminated with no enforcement action being recommended against the
registrant. The registrant had previously disclosed that the formal
investigation, of which it was advised on May 1, 1997, related primarily to
the registrant's revenue recognition policies and practices and later examined
the registrant's importation of products manufactured in Brazil. A copy of
the press release is filed herewith as Exhibit 20.1.
Item 7. Exhibits
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20.1 Press Release of the registrant dated February 1, 1999.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NINE WEST GROUP INC.
(Registrant)
Dated: February 2, 1999 By: /s/ Robert C. Galvin
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Name: Robert C. Galvin
Title: Executive Vice President,
Chief Financial Officer
and Treasurer
EXHIBIT INDEX
Exhibit No. Description
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20.1 Press Release of the registrant dated February 1, 1999.
NINE WEST GROUP INC.
FOR IMMEDIATE RELEASE
For further information contact:
Robert Galvin
Executive Vice President and
Chief Financial Officer
Nine West Group Inc.
(914) 640-4373
NINE WEST GROUP INC. ANNOUNCES CONCLUSION OF
SEC INVESTIGATION WITH NO ACTION TAKEN AGAINST THE COMPANY
WHITE PLAINS, NY, February 1, 1999 - Nine West Group Inc. (NYSE:NIN) today
announced that it was informed today by the staff of the United States
Securities and Exchange Commission that its pending investigation of the
Company has been terminated with no enforcement action being recommended
against the Company. The Company had previously disclosed that the formal
investigation, of which it was advised on May 1, 1997, related primarily to
the Company's revenue recognition policies and practices and later examined
the Company's importation of products manufactured in Brazil.
Vincent Camuto, Chief Executive Officer of Nine West Group Inc., stated, "We
are pleased with the termination of the Securities and Exchange Commission
investigation." Jerome Fisher, Chairman of the Company, stated, "We
appreciate the support of our stockholders and employees."
Nine West Group Inc. is a leading designer, developer, manufacturer and
marketer of quality, fashionable women's footwear and accessories. Its
internationally recognized brands are marketed in the "bridge" to "moderate"
price ranges and include the flagship Nine West label, Amalfi, Bandolino, Luca
B. for Calico, cK/Calvin Klein Shoes and Bags (under license), Easy Spirit,
Enzo Angiolini, Evan Picone (under license), 9 & Co., Pappagallo, Pied a
Terre, Selby, Westies and The Shoe Studio Group Limited brands. Nine West
Group's products are sold to more than 7,000 department, specialty and
independent retail stores and through approximately 1,095 of its own domestic
retail stores and 431 international retail locations operating at the end of
the third quarter.
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