Archive for the ‘In the News’ category

J. Crew Group, Inc. (NYSE: JCG), today announced that the Company will be presenting at the Goldman Sachs 15th Annual Global Retailing Conference, held at the Marriott Marquis, in New York City on Wednesday, September 3, 2008 at 9:30 a.m. ET.
Millard Drexler, Chairman and CEO and James Scully, EVP and Chief Financial Officer, will [...]

Toady, I dialed in and listened to the conference call announcing the second quarter results via J.Crew’s website.
It was very interesting to hear Mickey Drexler assess J.Crew’s current situation in today’s challenging retail climate.  He also took questions from analysts.
A transcript of the call can be found here.
Here are some results that I found astonishing:

J.Crew [...]

J. CREW GROUP, INC. ANNOUNCES SECOND QUARTER FISCAL 2008 RESULTS
Second Quarter Revenues Rise 10% to $336.3 million
Revises Guidance for Fiscal 2008
New York, NY – August 26, 2008 – J. Crew Group, Inc. [NYSE:JCG] today announced financial results for the three months (second quarter) and six months (first six months) ended August 2, 2008.
Second Quarter highlights:
• [...]

WWD on J.Crew

August 26th, 2008

This article from today’s Womens Wear Daily was super refreshing to read. It seems that J.Crew is very invested in upping its customer service and reminding shoppers that they are all about us.
I have not seen one of these “Just Ask” concierge desks in person, but I have called the one at the Rockefeller [...]

Win a $1500 J.Crew Gift Card!

August 21st, 2008

Calling all Kentucky and Indiana residents! 
The Courier-Journal.com is giving away a chance to win $1500 gift card to J.Crew in their promotion called “Martini & a Makeover.”
One Grand Prize Winner will receive a $3,000 Laser Hair Removal Package from Ideal Image and a $3,000 gift package from the Summit — which includes a $1,500 J. [...]

How To Market To (J.Crew) Men

August 21st, 2008

I read an interesting article over at David’s Hauslab’s Jossip this morning where he talks about marketing towared male shoppers. He talks about how J.Crew chose alcohol as a way to draw in their male clientele. He writes:
We can’t tell whether J. Crew plans on serving customers a higball while shopping — they most [...]

On Monday night’s episode of The Hills, Lo was wearing the Matchstick jeans.  I can admit that I do not own these jeans; however, I do own the stretch vintage matchstick cord, which are probably very similar in fit.
I really like how slim fitting they are.  Because I am very petite, I look for pants [...]

Julia, editor over at the All about the Pretty, brought this article about Mickey Drexler to my attention.
Retailing icon Mickey Drexler doubles down
J.Crew’s CEO says that this is the worst retail environment he’s seen in 40 years in the business. His strategy? Launch a new, upscale brand called Madewell.
by John Brodie
(Fortune Magazine) — Mickey Drexler [...]

J.Crew Stock at a 52-Week Low

August 19th, 2008

J Crew (NYSE: JCG) hit a new 52-Week low of $24.86 so far today.
Currently the stock is down $1.28 (-4.82%) to $25.29 on 2,184,975 shares traded. Today’s low is down $27.15 from a 52-Week high of $52.44.
J Crew stock has been showing support around $25.08 and resistance in the $28.96 range. Technical indicators for the [...]

As I reported last week in this post, J.Crew Men’s Store Opening Date, the Mens Only Tribeca store is set to open this Thursday in New York.
J.Crew Tribeca Opens This Thursday by Izzy Grinspan
A preppy wind is blowing down Tribeca way: The long-awaited men’s J.Crew in the old site of the Liquor Store bar at [...]