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J.Crew Group Inc. ( ) is an Americanmarker clothing and accessories retailer based in New Yorkmarker, New Yorkmarker. Founded in 1983 by Arthur Cinader with the launch of its mail order catalog, the company expanded into brick and mortar retailing in 1989 with its first store at the South Street Seaportmarker in New York Citymarker. The company's corporate headquarters is located at 770 Broadway at E. 9th street in the Greenwich Villagemarker neighborhood of Manhattanmarker. , the company operates 198 retail stores and 65 outlet stores in the United Statesmarker.

The company's website, which was launched in 1996, features online-only products, as well as catalog and retail items. The company operates two distribution centers in the Southern United States, in Lynchburg, Virginiamarker and Asheville, North Carolinamarker. The former doubles as its U.S. call center. Online shipping is also offered to Canadamarker and Japanmarker.

Products

The brand features collections of men's and women's clothing, accessories, and shoes, in "classic styles" with a J.Crew "twist". Many of the products feature luxury materials such as Italianmarker cashmere and leather, Czech glass buttons, and Britishmarker wool. In addition, the company produces a wedding and special occasions line, a high-end line known as the "J.Crew Collection", a children's line called "Crewcuts", and a line called "Crewmutts" that features items for dogs. In 2009, the Crewmutts line was discontinued.

Initial public offering

J.Crew, a large stake of which was owned by private equity giant TPG Capital, had its stock market debut initial public offering on June 28, 2006. The company's share price opened over 25% above its IPO offer price on its first day of trading.

The company is listed on the NYSEmarker under the stock ticker JCG. CEO Millard Drexler, a veteran of Gap, took control of 15% of the company following the IPO. Drexler joined the company as CEO and chairman in 2003, and named Jeff Pfeifle as president.

Madewell

Front of a J.Crew outlet store
In May 2006, Drexler announced plans to launch a chain of casual stores in August under the name Madewell. The name is taken from a former workwear company based in New Bedford, Massachusettsmarker. Madewell has 16 locations .

References

  1. J.Crew Company Information
  2. Help-About J.Crew
  3. J. Crew To Launch Madewell Chain
  4. Madewell


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