JCrew news and archive

Explosive web traffic and rising menswear and denim sales drive Madewell’s IPO’s prospects

New York – Madewell is topping its parent’s company – J.Crew Group – growth, adding to the investors’ appeal regarding its recently announced IPO. Madewell derived 40 percent of sales from e-commerce channels in the first six months of this year and had a brick-and-mortar footprint of just 132 locations as of August, the company said in its S-1...

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Former Ralph Lauren CEO Stefan Larsson rumored to be in talks with J. Crew

Stefan Larsson, the first person to succeed Ralph Lauren as CEO of his eponymous label, is said to be in talks with J. Crew Group to join the company as its new CEO. The news was reported by Business of Fashion, quoting anonymous sources familiar with the negotiations. With a CV that includes senior positions at Old Navy and H&M, Larsson served...

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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...

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Fashion

J Crew's quarrel extended to February

J. Crew Group Inc. (JCG) confirmed 18 January that it hasn't received alternative offers to the $3 billion bid from a team including its chief executive but that it's extending the so-called "go-shop" period a month to settle a lawsuit. In November, private-equity firms TPG Capital and Leonard Green & Partners LP teamed up with J. Crew CEO...