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

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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