NEW YORK — J. Crew Group Inc., showing a decline in gross margin but picking up on the revenue side, said net income in the third quarter ended Nov. 2 rose 6.6 percent to $35.4 million from $33.2 million in last year’s quarter.
Adjusted earnings before interest, taxes, depreciation and amortization, which the company says is an important measure of its performance, rose 12 percent to $110.4 million, compared to $98.9 million a year ago.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"