October 2013 Summary:
The crews appearing in the polished catalogs of the J. Crew Group are far
from motley. The retailer is known for its preppy fashions, including jeans,
khakis, and other basic (but pricey) items sold to young professionals through
its catalogs, websites, and more than 360 retail and factory stores in the
US (and now Canada) under the J. Crew, crewcuts (for kids), and Madewell
banners. Madewell is a women's-only collection of hip, casual clothes. CEO
Millard "Mickey" Drexler, recruited from The Gap to revive J. Crew's ailing
fortunes, has led a renaissance at the firm, capped by a public offering
in 2006. In 2011, the company was
taken private by TPG Capitaland Leonard
Green & Partners.
July 2006 Summary: J.Crew began in 1983, when the first catalog was
launched. Since then, the business has expanded to that of an iconic American
brand known worldwide for its sophisticated, fun clothing and accessories
to live, work, play and even get married in. The first J.Crew store opened
in 1989 at the South Street Seaport in New York City. Since then, J.Crew
has expanded to 166 retail and 49 outlet stores across the country, and
more openings are planned in 2005 and 2006. J.Crew.com, which was launched
in 1996, allows customers to shop beyond the stores and catalog, offering
deeper assortments, colors, and size ranges. In January of 2003, Millard "Mickey"
Drexler joined the company as CEO and Chairman and named Jeff Pfeifle as
President, bringing inspiration, creativity, and unparalleled expertise
to J. Crew. Together with their teams, they have set the industry standard
for quality, design, and style by using the finest fabrics, craftsmen, and
mills throughout Europe and the U.S. to create signature pieces like the
J.Crew Legacy blazer, fine Italian cashmere sweaters, and famous broken-in
chinos. Most importantly, J.Crew has renewed its passion for style and exceptional
service as it moves toward an exciting future.
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