Blog: First-class float
Leonie Barrie | 29 June 2006
What’s in a name? Well, everything, if the IPO of preppy retailer J Crew is anything to go by. On its first day’s trading yesterday, share price jumped by 28%, helped by demand outstripping supply. Fuelling investor confidence is the fact that the retailer has transformed itself from a struggling apparel chain to a fashion powerhouse under the guidance of chief executive Mickey Drexler, who himself is an estimated $115m richer following the float (well, on paper at least). The downside, of course, is that the company is now at the mercy of shareholders, and will be under constant pressure to keep coming up with fashion hits. But Drexler’s turnaround of J Crew is a positive sign that he’s more than up to the challenge: in fiscal 2005, J Crew posted a profit of US$3.8m reversing a loss of $100.3m in the prior-year period. It’ll be an exciting story to watch.
Some of just-style’s more eagle-eyed readers might have noticed a small change to the menu bar on the homepage: the addition of the word re:source. Yes it might be a small change – but it marks the co...
Over the past week just-style has continued to try to unravel the potential ramifications of Donald Trump’s election as the next president of the United States....
One event dominated the international airwaves last week, and on just-style too we took a closer look at the surprise election of Donald Trump as the 45th president of the United States....
As the Brexit roller-coaster continues to twist and turn, and the US presidential election campaign nears its unpredictable and possibly protectionist end, there's no doubt these events – and the perc...
- US apparel retailers' November 2016 sales roundup
- Traditional financing is a misfit for fast fashion
- Planning is key to an effective inventory strategy
- Steps to piloting living wage in garment factories
- Why do modern robotics elude sportswear makers?
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Genesco, G-III Apparel, Express
- Columbia waterproof jacket first made without PFCs
- North Face parka features synthetic spider silk
- Guess four-point plan to drive profit in Americas
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global market review of lingerie – forecasts to 2022
- Global apparel markets: product developments and innovations, October 2016
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack