Catalog, Web Sales Jump 16% for Q2 at J. Crew
J. Crew Group Inc., New York, said yesterday that consolidated revenues for the 13 weeks ended July 31 increased 13 percent to $188 million from $167 million during the comparable year-ago period.Comparable store sales rose 12 percent during the second quarter. In the direct segment, Internet and catalog sales jumped 16 percent to $44 million, with both channels posting growth.
For the 26 weeks ended July 31, consolidated revenues totaled $334 million compared to $329 million last year, an increase of 2 percent. Direct sales for the first half, however, dropped 14 percent to $80 million.
