J Crew Inc

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US Q4 in brief – Boot Barn Holdings, Destination Maternity just-style | 18 May 18

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


J Crew names new CFO as Q2 losses widen Hannah Abdulla | 24 Aug 17

US fashion retailer J Crew Group has appointed Vincent Zanna as its new CFO, an announcement made on the back of another quarter of falling sales and higher losses.


J Crew secures lender support Beth Wright | 20 Jun 17

US fashion retailer J Crew has secured the support of a majority of its lenders under its term loan agreement in a move that immediately ends all litigation activities and marks a "clear and more confident path" to executing its business plan.


J Crew to undertake debt restructuring Michelle Russell | 14 Jun 17

US fashion retailer J Crew has disclosed terms of plans to restructure its debt in a move expected to cut the value of its bonds roughly in half.


Drexler steps down as J Crew CEO Beth Wright | 6 Jun 17

US fashion retailer J Crew has revealed its owner and CEO, Millard Drexler, is to step down from the company.


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


J Crew creative chief Jenna Lyons steps down Beth Wright | 4 Apr 17

US fashion retailer J Crew has revealed Jenna Lyons, president and executive creative director, is to leave the company after a 26-year tenure.


J Crew discussing debt restructuring? Michelle Russell | 13 Dec 16

US fashion retailer J Crew is understood to be in discussions with its creditors to renegotiate around US$2bn of its debt as its struggles with falling sales.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


J Crew to separate Madewell brand? Beth Wright | 17 Nov 16

US fashion retailer J Crew Group has started to separate its Madewell brand from the parent company, reports say, in a move that may lead to a sale or spinoff.


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands Michelle Russell and Beth Wright | 9 Sep 16

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse Michelle Russell and Katie Smith | 7 Jan 16

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


J Crew to launch lower-priced chain Michelle Russell | 13 Jul 15

US omni-channel retailer J Crew has launched a new, lower-priced chain as it looks to win value-seeking consumers.


US Q1 in brief: Finish Line, Cherokee, Destination Maternity Michelle Russell and Katie Smith | 26 Jun 15

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


J Crew replaces design head and cuts HQ staff Michelle Russell | 11 Jun 15

Clothing retailer J Crew has replaced its head of design and announced plans to cut around 10% of its corporate workforce as part of several organisational changes.


Top stories this week on just-style... Michelle Russell | 5 Jun 15

The most-read stories on just-style this week include at look at US apparel sales figures for May, just-style speaks with the chairman of sourcing specialist William E. Connor, and Levi joins forces with internet behemoth Google to design "smart jeans".


Charges send J Crew to Q4 loss Richard Woodard | 18 Mar 15

Clothing retailer J Crew slid to a fourth quarter and full-year loss, impacted by large-scale charges related to impairment and refinancing.


J Crew's Haselden a "solid fit" as Lululemon CFO Michelle Russell | 8 Jan 15

The appointment of J Crew executive Stuart Haselden as CFO for Canadian yoga wear brand Lululemon Athletica is a solid fit, analysts believe.


Write-downs push J Crew to Q3 loss Michelle Russell | 5 Dec 14

US fashion retailer J Crew Group has moved to a net loss in third-quarter thanks to write-downs on the value of its retail store operations and non-cash impairment charges.


J Crew embarks on new expansion phase Katie Smith | 18 Nov 14

US fashion retailer J Crew Group is entering what it describes as a new phase in its international expansion with the opening of its first stores in France.


Bill Blass taps Benz as creative director Katie Smith | 31 Oct 14

Bill Blass has appointed Chris Benz as its creative director as the US fashion business prepares to relaunch as a global lifestyle brand.


US: J Crew Q2 profit slides on higher costs Katie Smith | 8 Sep 14

Fashion retailer J Crew Group has seen its second-quarter profit slump 38.3% on the back of higher costs.


UPDATE: US: Sycamore Partners buyout of Express looks likely Michelle Russell | 16 Jun 14

A buy-out of troubled US apparel retailer Express Inc by Sycamore Partners looks likely, analysts believe, after the private equity firm last week acquired a 10% stake and said it wants to craft a formal proposal to acquire the rest of the company.


US: J Crew moves to Q1 loss and warns of write-downs Michelle Russell | 5 Jun 14

Fashion retailer J Crew Group has moved to a net loss in its first-quarter and revealed it may record a non-cash impairment charge if operating results continue to decline.


HONG KONG: J Crew marks Asia return with store openings Michelle Russell | 23 May 14

Fashion retailer J Crew Group has marked its return to Asia with the opening of two stores in Hong Kong.


ANALYSIS: Mauritius apparel sector faces up to challenges Michelle Russell | 22 May 14

Textile and apparel has grown to become one of the main pillars of Mauritius' economy in the last decade. Trade deals in place with Europe and the US have certainly contributed, helping boost the country's exports last year. While the sector still faces a number of challenges, the opportunities appear to be outweighing those. Michelle Russell reports.


ANALYSIS: Mauritius emerges as sustainable sourcing hub Michelle Russell | 21 May 14

Strategically located along the trading route between Asia and Africa, Mauritius is fast emerging as a major sourcing hub for textile and apparel products. Despite low-cost competition from Asia, the industry has successfully navigated its way through a plethora of challenges in the last few decades to emerge as a now high-tech, dynamic, and vertically integrated sector. Michelle Russell takes a closer look.

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