Company Profile
July 18th, 2008 . by Leigh
J.Crew Group (JCG) refers to the American retailing company dealing with clothing as well as accessories that is situated in New York. The foundation of this company was done along with the launching of its mail order catalog in the year 1983.
Further the company J.Crew witnessed expansion in 1989 into brick and mortar retailing and had its initial store at the South Street Seaport that is located in New York City. The company carries out the operation of 198 retail stores as well as 65 outlet stores as per the records of May 2008 in all the various parts of the United States.
The launching of the website of the company was done in 1996 and it diplays catalog and retail items as well as online-only products.
The company also carries out the operation of two distribution centers that are located in the Asheville, North Carolina, Southern United States as well as Lynchburg, Virginia. Canada and Japan are the two countries which are provided with the facilities of online shopping. The brand deals with accessories, shoes as well as clothing that are meant for men and women in “classic styles” as accompanied with a J.Crew “twist”.
The company also indulges in the production of wedding as well as special occasions line, a line for kids called “Crewcuts”, a high-end line named as the “J.Crew Collection” as well as line including the items for dogs named as “Crewmutts”. J.Crew was largely owned by TPG Capital, which is an equity giant running privately and did its stock market debut on June 28, 2006 with the initial offering made to the public.
The share price of the company opened at 25% above its IPO offer price on the very first trading day.
The listing of the company J.Crew is done on the NYSE with the stock ticker JCG. The people holding important positions in this company are Jim Scully, Millard Drexler, Jill Hennessey-Brown, Tracy Gardner and Kevin P. Gross. The total number of employees working in this company are 6800. One can also get the full information about the company by visiting its website www.jcrew.com. It generates total revenue of $953 million.
J.Crew Group, Inc. is a nationally recognized multi-channel retailer of men’s, women’s and children’s apparel, shoes and accessories. As of August 18, 2008, the Company operates 211 retail stores, 67 factory stores, the J.Crew catalog business, and jcrew.com.
For JCG stock information, please click here to see the stock trends.
