J. CREW POSTS ENORMOUS NET LOSS FOR FIRST QUARTER
by Brian Lipton
Jun 13, 2017
The company saw a decline in both earnings and revenue in both fiscal year 2016 and the first quarter of 2017.
Read MoreThe national retailer continues to struggle with ongoing traffic challenges and a promotional-oriented retail environment
Read MoreHaving never intending to fall into the same line of work as his father, Alex Drexler is making his own mark in the fashion industry.
Read MoreFor the first half of the year, net loss was $16.7 million compared to $476 million in the first half last year and total revenues decreased 3 percent to $1,137.3 million.
Read MoreTotal revenues decreased 3 percent to $567.5 million. Comparable company sales decreased 7 percent following a decrease of 8 percent in the first quarter last year.
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