J.Crew debuted in 1983 with
the mailing of its first catalog. Six years later, they opened a
flagship store at New York's South Street Seaport. Today, the business
includes retail and outlet stores nationwide and an ever-growing online
and catalog business.
In 2003, Millard Drexler (known as Mickey
Drexler) joined J.Crew as chairman and CEO, pushing service, quality and
innovation to the next level. Still under his leadership over a decade
later, they partner with the finest global fabric mills and craftsmen,
as well as with iconic brands such as Jack Purcell®, Timex®, Thomas
Mason® and Red Wing® (to name just a few).
J.Crew has introduced several line extensions,
including crewcuts (for kids sizes 2—14), J.Crew weddings &
parties and J.Crew Collection (featuring exclusive and limited-edition
pieces). J.Crew continues its retail expansion with a series of new
specialty shops for men, women and kids, as well as the addition of
dedicated shoe and handbag salons in existing stores.
J.Crew went global in August 2011 with the
opening of their first Canadian store, located at Yorkdale Center in
Toronto, which was followed quickly by store openings in both Vancouver
and Edmonton. They rolled out their e-commerce site to over 100
countries in early 2012 and are also currently scouting overseas
for brick-and-mortar locations.
J.Crew Factory, which launched in 1988,
offers the J.Crew style their customers love in stores across the
country and on www.jcrewfactory.com. All of their J.Crew Factory items
are exclusive designs, featuring casual classics, cool colors and bold
prints (never last season's leftovers). Their Factory clothing is based
on great styles and favorites from past J.Crew collections, though in
order to keep their prices competitive, they sometimes slightly change
the designs, fabrics and washes (but they always make sure to maintain
the quality and integrity that their customers expect from J.Crew). They
also design crewcuts Factory, their collection for kids—it's the same
style you love for yourself, only slightly smaller.
In 2006, they introduced
Madewell, a modern-day interpretation of an American denim label
founded in 1937. Madewell continues to bring the same original
integrity to everything it makes today, including a wide range of
effortlessly cool pieces to pair with denim. Step inside any Madewell
store across the country and you'll notice a friendly general-store vibe
and antique décor that naturally reflect the authenticity and
timelessness of the clothing. In addition to Madewell's
brick-and-mortar stores, madewell.com (launched in 2010)
is a strong sales driver. Madewell has also been making a further play
in the digital space with a robust social media presence.
May 2020 Chapter 11:
May 4, 2020 the parent company of J.Crew Group, Inc., Chinos
Holdings, Inc. and certain affiliates, have filed voluntary petitions
for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S.
Bankruptcy Court for the Eastern District of Virginia. The Company has
secured commitments for a debtor-in-possession ("DIP") financing
facility. J.Crew Group, Inc. ("J.Crew Group" or the "Company")
today announced it has reached an agreement with its lenders holding
approximately 71% of its Term Loan and approximately 78% of its IPCo
Notes, as well as with its financial sponsors, under which the Company
will restructure its debt and deleverage its balance sheet, with the
goal of positioning J.Crew and Madewell for long-term success.
Read more about the
J.Crew Chapter 11 on the Fashion Blog.
August 2015 Summary: J.Crew Group, Inc. is an internationally recognized omni-channel retailer of women's, men's and children's apparel, shoes and accessories. As of August 27, 2015, the Company operates 283 J.Crew retail stores, 92 Madewell stores, jcrew.com, jcrewfactory.com, the J.Crew catalog, madewell.com, the Madewell catalog, and 148 factory stores (including one J.Crew Mercantile store). Certain product, press release and SEC filing information concerning the Company are available at the Company's website https://www.jcrew.com.
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