Wednesday, March 28, 2018

J.Crew to grow Madewell brand

Chain Store Age

J.Crew Group is looking to its Madewell division to make up for continuing slumping sales as its namesake division.

Total revenues increased 2% to $710.6 million, which includes $28.6 million generated in the 14th week. Same-store sales fell 3%.

By brand, J.Crew comp sales decreased 7%.Madewell comparable sales increased 17%.. . . more