Find me one Apparel company that's doing well nowdays, the golden days are over and it's very hard right now, it's hell out there, and 2015 will be a year of layoffs for us and for the competition as well.

We'll see more layoffs in 2015

170 stores axed, 8 percent of workforce cut, 2014 will be horrendous

2014

More trouble for Jones: Jones Apparel Group indicated it has renegotiated the terms of its $650 million senior credit line, resulting in lower fees and interest rates for the clothing maker.