-
Sales keep sliding at J.Crew
J. Crew Group’s efforts to pump up sales at its core brand didn’t quite take off in the second quarter. Total revenues at J.Crew Group decreased 4% to $569.8 million in the second quarter. Total same-store sales fell 8%, its eight consecutive quarterly decrease, with a 9% decline at the company’s namesake brand and a 3% increase at Madewell. J. Crew reported a net loss of $8.6 million, compared with $13.6 million a year ago.
-
After 47 years, Florida retailer sets its sights on second location
The story of Hy’s Toggery has been in the making for nearly half a century. What began in 1969 as a move by company founder Hy Wakstein to establish his own high-end menswear operation after 20-plus years in the industry would ultimately become a brand that has matured into one of the most respected independent clothiers in the southeast.
