Advertisement
YOU ARE HERE: LAT HomeCollectionsJ Crew Group Inc
IN THE NEWS

J Crew Group Inc

FEATURED ARTICLES
BUSINESS
May 30, 2003 | From Bloomberg News
J. Crew Group Inc., an operator of casual clothing stores that began as a catalog retailer, said its first-quarter net loss widened to $19.6 million after sales declined and the company reduced prices. The closely held company had a net loss of $12.1 million in the year-earlier period. Sales in the three months ended May 3 fell 3.4% to $161.5 million, New York-based J. Crew said.
ARTICLES BY DATE
BUSINESS
August 18, 2005 | From Reuters
J. Crew Group Inc. filed for an initial public offering Wednesday, 2 1/2 years after the clothing retailer hired former Gap Inc. Chief Executive Millard Drexler to lead its turnaround effort. The retailer, which is controlled by private equity firm Texas Pacific Group, may raise as much as $200 million in the IPO, according to its regulatory filing. That would constitute the second-largest retail IPO of the year if the offering is completed before January, according to data provider Dealogic.
Advertisement
BUSINESS
April 7, 2005 | From Bloomberg News
Callaway Golf Co. said preliminary earnings for its first-quarter were below analysts' expectations because of an 18% drop in sales. The company said it earned 26 cents to 28 cents a share, based on sales of $300 million. The figures compare with profit of 59 cents and sales of $364 million a year earlier. From Bloomberg News * Monsanto Co. said fiscal second-quarter profit more than doubled on sales of corn and soybean seeds and Roundup weed killer. Net income rose to $373 million, or $1.
BUSINESS
April 7, 2005 | From Bloomberg News
Callaway Golf Co. said preliminary earnings for its first-quarter were below analysts' expectations because of an 18% drop in sales. The company said it earned 26 cents to 28 cents a share, based on sales of $300 million. The figures compare with profit of 59 cents and sales of $364 million a year earlier. From Bloomberg News * Monsanto Co. said fiscal second-quarter profit more than doubled on sales of corn and soybean seeds and Roundup weed killer. Net income rose to $373 million, or $1.
BUSINESS
August 23, 2003 | From Bloomberg News
J. Crew Group Inc., an operator of casual-clothing stores, had its first profit since former Gap Inc. chief Millard Drexler was hired as chief executive seven months ago. It posted fiscal second-quarter net income of $15.2 million, contrasted with a net loss of $7.1 million a year earlier. Sales in the period ended Aug. 2 fell less than 1% to $167.1 million, the closely held firm said. Sales at stores open at least a year rose 2%. New York-based J.
BUSINESS
August 18, 2005 | From Reuters
J. Crew Group Inc. filed for an initial public offering Wednesday, 2 1/2 years after the clothing retailer hired former Gap Inc. Chief Executive Millard Drexler to lead its turnaround effort. The retailer, which is controlled by private equity firm Texas Pacific Group, may raise as much as $200 million in the IPO, according to its regulatory filing. That would constitute the second-largest retail IPO of the year if the offering is completed before January, according to data provider Dealogic.
BUSINESS
August 27, 2002 | Bloomberg News
J. Crew Group Inc. named Gap Inc.'s Ken Pilot as chief executive, the second executive to leave the clothing retailer for a position with J. Crew this year. Pilot, 41, was president of Gap's international unit, where he oversaw 650 stores in five countries, J. Crew said. He takes over Sept. 9 and replaces Mark Sarvary, who left J. Crew, a closely held seller of casual clothing, in May. Pilot became head of overseas operations in January when San Francisco-based Gap formed U.S.
BUSINESS
August 10, 1999 | NANCY CLEELAND, TIMES STAFF WRITER
Four major U.S. retailers have settled a class-action lawsuit by agreeing to an unprecedented court-supervised monitoring of factories that produce their clothing in Saipan--a U.S. territory notorious for labor abuses. Nordstrom Inc., Cutter & Buck Inc., Gymboree Corp. and J. Crew Group Inc. admitted no wrongdoing in the deal reached Monday but agreed to pay $1.25 million to help finance monitoring by the nonprofit group Verite of Amherst, Mass. Four more U.S.
BUSINESS
December 22, 1999 | (Bloomberg News)
Spiegel Inc., a catalog retailer under the Eddie Bauer, Newport News and its namesake brands, said it plans to buy the Clifford & Wills women's clothing catalog from closely held J. Crew Group Inc. to boost sales. Terms of the sale were not disclosed. The transaction would include the Clifford & Wills name, a U.S. customer list and a Web site, the company said. Spiegel is seeking to buy brands or form partnerships this year to boost sales and profit.
BUSINESS
March 28, 2002
* J. Crew Group Inc., a closely held casual fashion retailer, said fourth-quarter profit fell 61% as sales of sweaters and jackets declined. Net income fell to $6.7million as sales fell 14% to $246.7 million. * Texas Pacific Group, a private-equity company specializing in the airline industry, agreed to buy Swissair Group's Gate Gourmet catering business for an undisclosed amount.
BUSINESS
August 23, 2003 | From Bloomberg News
J. Crew Group Inc., an operator of casual-clothing stores, had its first profit since former Gap Inc. chief Millard Drexler was hired as chief executive seven months ago. It posted fiscal second-quarter net income of $15.2 million, contrasted with a net loss of $7.1 million a year earlier. Sales in the period ended Aug. 2 fell less than 1% to $167.1 million, the closely held firm said. Sales at stores open at least a year rose 2%. New York-based J.
BUSINESS
May 30, 2003 | From Bloomberg News
J. Crew Group Inc., an operator of casual clothing stores that began as a catalog retailer, said its first-quarter net loss widened to $19.6 million after sales declined and the company reduced prices. The closely held company had a net loss of $12.1 million in the year-earlier period. Sales in the three months ended May 3 fell 3.4% to $161.5 million, New York-based J. Crew said.
BUSINESS
August 27, 2002 | Bloomberg News
J. Crew Group Inc. named Gap Inc.'s Ken Pilot as chief executive, the second executive to leave the clothing retailer for a position with J. Crew this year. Pilot, 41, was president of Gap's international unit, where he oversaw 650 stores in five countries, J. Crew said. He takes over Sept. 9 and replaces Mark Sarvary, who left J. Crew, a closely held seller of casual clothing, in May. Pilot became head of overseas operations in January when San Francisco-based Gap formed U.S.
BUSINESS
August 10, 1999 | NANCY CLEELAND, TIMES STAFF WRITER
Four major U.S. retailers have settled a class-action lawsuit by agreeing to an unprecedented court-supervised monitoring of factories that produce their clothing in Saipan--a U.S. territory notorious for labor abuses. Nordstrom Inc., Cutter & Buck Inc., Gymboree Corp. and J. Crew Group Inc. admitted no wrongdoing in the deal reached Monday but agreed to pay $1.25 million to help finance monitoring by the nonprofit group Verite of Amherst, Mass. Four more U.S.
BUSINESS
September 30, 2006 | From the Associated Press
Preppy fashion retailer J. Crew Group Inc., which went public June 28, said three of its directors were leaving the company's board. Emily and Thomas Scott are resigning Dec. 2. Emily Scott helped start the New York-based company in 1983, and her husband, Thomas, has been a director since 2002. Bridget Ryan Berman is leaving to become chief executive of the U.S. subsidiary of Giorgio Armani, effective Dec. 26.
Los Angeles Times Articles
|