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J.Crew to Refocus Strategy in Hopes of Returning to Profitability

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Unsuccessful strategies pushed J.Crew Group Inc. to a sizable fourth-quarter loss, while the quarterly report also indicated that Madewell is resonating better with consumers than the core–and more mature–J.Crew brand. In a Nutshell: Michael J. Nicholson, president and chief operating officer and member of the office of the chief executive officer, acknowledged the disappointing results…

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