J.CREW’S MADEWELL BRAND FILES TO GO PUBLIC
by MR Magazine Staff
Sep 16, 2019
The younger, more casual Madewell brand, which relies heavily on its denim business, said same-store sales increased 39 percent to $115.8 million in the first quarter.
Read MoreThough overall revenue increased just 2 percent last quarter to $710.6 million, it jumped 32 percent at Madewell to $135.8 million, the company said on Tuesday.
Read MoreThe retailer saw a significant decrease in revenue and comparable sales as its J. Crew brand continues to struggle.
Read MoreThe company saw a decline in both earnings and revenue in both fiscal year 2016 and the first quarter of 2017.
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