J. Crew Group Inc. reported Thursday that sales for the fourth quarter were up on both a net and comparable basis.
In a regulatory filing with the Securities and Exchange Commission, the New York-based retailer reported that sales for the three months ended Feb. 1 hit $686 million, 6.7 percent above the $642.9 million reported during the fourth quarter of 2012. Direct sales were up 9.5 percent, to $238 million from $217.3 million, and comparable sales, including stores open at least a year and direct revenues, rose 4 percent.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)