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Business|ANALYSIS

Explosive web traffic and rising menswear and denim sales drive Madewell’s IPO’s prospects

New York – Madewell is topping its parent’s company – J.Crew Group – growth, adding to the investors’ appeal regarding its recently announced IPO. Madewell derived 40 percent of sales from e-commerce channels in the first six months of this year and had a brick-and-mortar footprint of just 132 locations as of August, the company said in its S-1...

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People

Former Ralph Lauren CEO Stefan Larsson rumored to be in talks with J. Crew

Stefan Larsson, the first person to succeed Ralph Lauren as CEO of his eponymous label, is said to be in talks with J. Crew Group to join the company as its new CEO. The news was reported by Business of Fashion, quoting anonymous sources familiar with the negotiations. With a CV that includes senior positions at Old Navy and H&M, Larsson served...

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