NEW YORK — J. Crew Group Inc. takes a giant step forward in its international expansion this week by rolling out distribution to 78 countries, on top of the 29 nations the brand currently ships.
Details of J. Crew’s growth plans — domestic and overseas — over the next three to five years were outlined in a conference call Tuesday conducted by James Scully, chief administrative and financial officer; Libby Wadle, executive vice president, retail and factory, and Stuart Haselden, treasurer. The call also covered J. Crew’s results for the fourth quarter, reported Monday, which saw a more than threefold increase in net profit, a 15 percent gain in earnings before interest, taxes, depreciation and amortization, and a 6 percent comparable-store sales gain.
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)