J. Crew's retail president resigns

J.Crew today announced that Tracy Gardner, President of the Retail and Direct channels,

will resign from the Company effective September 13, 2010.

Jenna Lyons, 42, currently Executive Creative Director, will be promoted to President and Executive Creative Director, J.Crew Group, Inc. the Company announced.

Millard Drexler, Chairman and CEO of J.Crew, stated, "I am sorry about Tracy's decision to leave J.Crew but I respect and understand her wish to spend more time with her children.  Tracy and I have worked together for almost 20 years and I will miss her as a great merchant, leader and business partner."  Drexler continued, "The team at J.Crew has considerable depth, and I am pleased to announce Jenna's promotion along with additional important organizational changes.  I am also confident in our ability to achieve a seamless transition."

"I am so appreciative of the confidence Mickey and the Board of Directors have in me and am excited to continue to grow J.Crew Group in a creative and innovative way," said Ms. Lyons.

"At this point in my life, it is important for me to spend more time with my family.  I am so proud of all that J.Crew and the team continues to accomplish and I am grateful that this success has allowed me the opportunity to make this difficult choice," said Ms. Gardner.