J.Crew Definition

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J.Crew is a clothing and accessories company in the United States. J.Crew was founded in 1983 with the launch of its catalog and expanded into brick and mortar retailing in 1989 with its flagship store at the South Street Seaport in New York City.

It has since become an American brand known worldwide for its collections of classic clothes and accessories. In addition to its men's and women's clothing, accessories, shoes, and wedding lines, in 2006, J.Crew launched a children's line, CrewCuts. The company sells clothing with a "preppy" look similar to retailers Brooks Brothers and Ralph Lauren.

Currently J.Crew's catalog has a circulation of over 80 million, and J.Crew has 165 retail stores and 43 outlet stores. Their website was launched in 1996 and allows buyers to browse both J.Crew's online only offerings, and normal catalog and retail offerings. There are J.Crew stores in Japan, and J.Crew's website offers shipping to Canada and Japan.

Initial Public Offering

J.Crew, a large stake of which was owned by private equity giant Texas Pacific Group, had its stock market debut (IPO) on June 28, 2006. J. Crew's share price opened over 25% above its IPO offer price on its first day of trading.

The company is listed on the NYSE under the stock ticker JCG. CEO Millard Drexler, a veteran of Gap Inc., will control 15% of the company following the IPO.

The above article is licensed under the GNU Free Documentation License. From Wikipedia, the free encyclopedia https://en.wikipedia.org/wiki/j.Crew  10/9/06 - some links modified by Apparel Search

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