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J. Crew Menswear
Mission: Quality is our highest
priority from design, production &
personalized service.
HISTORY
• 1983 – Debuted with mail order catalogs
• 1989 – South Street Seaport, New York flagship store opens
• 2003 – CEO Mickey Drexler recruited from the Gap to revive J.
Crew’s failing condition
– Retail expansion
– Quality service
– Innovation
• 2011 – went global with Toronto & Vancouver Canada stores.
• 1988 – Launched J. Crew Factory, a lower-priced exclusive
designs
• 2006 – Launched Madewell, modern interpretation of
American denim goods.
CEO MILLARD DREXLER
• 2003 sales start to plummet
Quick expansion
High costs
• COMPETITORS
• Land’s End
• The Gap
• L.L. Bean
• new CEO 2003
• “re-energize J. Crew”
• 2005 earned 3.8 million
• first profit in 5 years
• Previous CEO of The Gap
– Credited with 1990’s revival
– Coined the “retail therapist”
• Extremely involved in all aspects of
company
• Created an environment of “perceived
exclusivity”
– Maintaining quality
– Less-than-designer price point
– Offering timeless classics with a twist
• . When Drexler took up the reins in 2003,
J. Crew had $609 million in debt and 196
stores. Today, it has 321 stores, less than
$50 million in debt and $298 million cash
on hand.
-Wall Street Journal
TARGET CUSTOMER
• Young & contemporary
professionals
• 21 – 45 years old
• Preppy fashions basic
like shirts, jeans, khakis
as well a business suits
• Sold thru catalogs, e-
commerce, more than
360 retail & factory
stores in US & Canada.
ADVERTISING CAMPAIGNS
E-COMMERCE
J. CREW MENSWEAR STORES
J. CREW MENSWEAR STORES
FUTURE OUTLOOK
• Americana trend made
J.Crew more relevant
– Increased consumer
awareness
– Obama marketing
• International expansion
– Going private allows for
greater fluctuation in
numbers
– Media/shareholders
can’t comment
• Increased market share
• Increased profit margin

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MY FIT PRESENTATION

  • 1. J. Crew Menswear Mission: Quality is our highest priority from design, production & personalized service.
  • 2. HISTORY • 1983 – Debuted with mail order catalogs • 1989 – South Street Seaport, New York flagship store opens • 2003 – CEO Mickey Drexler recruited from the Gap to revive J. Crew’s failing condition – Retail expansion – Quality service – Innovation • 2011 – went global with Toronto & Vancouver Canada stores. • 1988 – Launched J. Crew Factory, a lower-priced exclusive designs • 2006 – Launched Madewell, modern interpretation of American denim goods.
  • 3. CEO MILLARD DREXLER • 2003 sales start to plummet Quick expansion High costs • COMPETITORS • Land’s End • The Gap • L.L. Bean • new CEO 2003 • “re-energize J. Crew” • 2005 earned 3.8 million • first profit in 5 years • Previous CEO of The Gap – Credited with 1990’s revival – Coined the “retail therapist” • Extremely involved in all aspects of company • Created an environment of “perceived exclusivity” – Maintaining quality – Less-than-designer price point – Offering timeless classics with a twist • . When Drexler took up the reins in 2003, J. Crew had $609 million in debt and 196 stores. Today, it has 321 stores, less than $50 million in debt and $298 million cash on hand. -Wall Street Journal
  • 4. TARGET CUSTOMER • Young & contemporary professionals • 21 – 45 years old • Preppy fashions basic like shirts, jeans, khakis as well a business suits • Sold thru catalogs, e- commerce, more than 360 retail & factory stores in US & Canada.
  • 9. FUTURE OUTLOOK • Americana trend made J.Crew more relevant – Increased consumer awareness – Obama marketing • International expansion – Going private allows for greater fluctuation in numbers – Media/shareholders can’t comment • Increased market share • Increased profit margin