Shareholder Alert for J. Crew Group, Inc.

0 Comments | M2 Presswire, June, 2007

M2 PRESSWIRE-6 June 2007-Large Cap News: Shareholder Alert for J. Crew Group, Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:06062007 The crews depicted in the flashy catalogs of the J. Crew Group are far from motley. The retailer is known for its preppy fashions, including jeans, khakis, and other basic (but pricey) items sold to young professionals through its catalogs, Web site, and some 225 retail and outlet stores in the US under the J.

Crew, Crewcuts, and Madewell banners. It also has nearly 45 shops in Japan through a joint venture with ITOCHU. Asian contractors produce about 80 of the company's merchandise. Chief executive Millard "Mickey" Drexler, recruited in 2003 from Gap Inc. to revive J. Crew's ailing retail fortunes, had led a retail renaissance...