See key events in the history of J. Crew Group Inc. below >>
1947: Mitchell Cinader and Saul Charles found J. Crew predecessor Popular Club Plan.
1983: J. Crew brand begins as catalogue operation under Arthur Cinader, Mitchell’s son, and his daughter, Emily Cinader Woods (later Emily Scott).
1989: First store opens at South Street Seaport in New York; company renamed J. Crew Group Inc.
1990: Sales hit $400 million.
1992: Expands catalogue operations to Japan and Europe after move into Canada.
1997: TPG, then Texas Pacific Group Inc., acquires majority stake in brand.
1998: Popular Club Plan operation sold to Fingerhut Cos.
2000: J. Crew’s lower-priced Clifford & Wills unit sold to Spiegel.
2002: Ken Pilot, formerly of Gap, named chief executive officer.
2003: Former Gap ceo Millard “Mickey” Drexler joins as chairman and ceo, takes equity stake in firm.
2006: Goes public in $376 million IPO; Madewell division founded; Emily Woods steps down as director, ending Cinader family involvement.
2009: TPG sells last 2.8 million shares of J. Crew stock; profits soar to $123.4 million, sales climb 11.3 percent to $1.54 billion.
2010: $3 billion acquisition by TPG and Leonard Green affiliates.