J Crew news and archive

Mickey Drexler retires from role as J.Crew chairman

Mickey Drexler, longtime chairman and former CEO of J.Crew has decided to retire. Drexler had been with the company since 2003 when he joined as CEO. The brand grew into a leading global player under Drexler's leadership. The Board of Directors elected J.Crew director Chad Leat to succeed Mr. Drexler as chairman, effective immediately. "It's...

Fashion

J.Crew teams with Habitat for Humanity in denim buyback

J.Crew is going full steam ahead towards sustainability. The brand has partnered with Habitat for Humanity to expand on the denim buyback program it started in 2014 with sister brand Madewell. The aim of the initiative is to reduce waste in the denim industry through recycling unwanted jeans and uses them to create new materials. Since the start...

Fashion

J.Crew cuts budget Mercantile and Nevereven lines

Just two weeks after the departure of its chief executive officer, J.Crew is making changes. The brand is shutting down its two budget-friendly lines, Mercantile and Nevereven. When former chief executive officer James Brett stepped down, he alluded to disagreements with J.Crew's board of directors as his reason for leaving. The abrupt closures...

Management

J.Crew returns to Q3 comparable sales growth of 8 percent

J.Crew Group, Inc. total revenues increased 10 percent to 622.2 million dollars for the third quarter, while comparable company sales increased 8 percent following a decrease of 9 percent in the third quarter last year. J.Crew sales increased 1 percent to 430.9 million dollars with comparable sales increase of 4 percent following a decrease of...

ManagementFeatured

James Brett, J.Crew CEO of less than 2 years steps down

J.Crew announced through a press statement on Saturday morning that its current chief executive officer, James Brett, is stepping down. Brett had only held the role for 16 months. The former West Elm leader joined J.Crew in 2017 after its previous chief executive Mickey Drexler resigned following a long sales slump. Before Brett’s term, J.Crew...

Fashion Featured

Universal Standard x J.Crew launch a holiday capsule

Following a collaborative capsule collection launched this past July, Universal Standard and J.Crew have once again teamed up to introduce a size inclusive line of women’s winter essentials. Size inclusive womenswear brand Universal Standard aims to revolutionize the way women shop by obliterating the dividing line of size and giving all women...

Fashion

In pictures: Madewell’s first menswear collection

J. Crew’s premium denim brand Madewell launched its first ever menswear line yesterday. The debut capsule collection features 38 pieces, including 21 denim styles. With prices starting at 115 US dollars (approximately 88 pounds), the line is available at Madewell’s website and 31 Nordstrom locations across the United States. “As we expand the...

Fashion Featured

J.Crew launches marketplace and debuts diversity campaign

The fanfare this week may have seen all the noise reverberate around New York fashion week, but collegiate brand J.Crew launched a new online selling platform, which has so far been kept rather quiet. Called the J.Crew Marketplace, the new service which started in May, allows third-party sellers to list items on its website. Payments are handled...

Report

J.Crew posts Q2 comparable sales growth of 5 percent

J.Crew Group, Inc. reported total revenue increase of 3 percent to 587.6 million dollars, while the company’s comparable sales increased 5 percent following a decrease of 5 percent in the second quarter last year. The company’s total revenues for the first half period increased 3 percent to 1,128 million dollars, while comparable company sales...

Fashion

Madewell to develop menswear line

J.Crew’s Madewell brand, which offers apparel primarily aimed at millennial women, is set to expand its market. The fashion house announced Tuesday it will begin working on a menswear line that will hit retailers sometime within the next year. According to Women’s Wear Daily, the news was announced during a conference call with investors by CEO...

Management |ANALYSIS Featured

Plus-size clothing: the new safe haven for U.S. fashion industry

New York- Move on athleisure, plus-size fashion is here to stay and has already conquered the hearts and budgets of many in the apparel industry. Spending on this niche is on the rise and so are the opportunities for retailers wanting to tap on the 46 dollars billion opportunity. Over the past months the industry has witnessed a non-stop drip of...

Fashion

Gola announces second collaboration with J. Crew

Gola Classics, the original British heritage sportswear brand, has announced its continuing partnership with multi-channel retailer, J.Crew, introducing four new women’s styles for fall 2018. The first drop is available now, and the second drop will release in early October. Gola’s second collaboration consists of the brand’s iconic styles in...