NEW YORK — J. Crew Group Inc. combatted slow traffic in the second quarter with vigorous promotions, and its profits fell in the process.
For the three months ended Aug. 3, the New York-based operator of J. Crew and Madewell stores registered net income of $17.5 million, down 20.7 percent from $22 million in the year-ago quarter. Excluding interest, taxes, depreciation, amortization and a series of items related to its capital structure, adjusted EBITDA contracted 6.4 percent to $83 million.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)