J. Crew's Direct Sales Jumped 28 Percent Last Year

Share this article:

J. Crew Group Inc. said yesterday that consolidated revenues for the fourth quarter ended Jan. 28 increased 10 percent for a total of $290 million. Same-store sales rose 8 percent during the same period while direct sales increased 11 percent for a total of $80 million.

The New York-based multichannel apparel marketer's operating income decreased in the fourth quarter by $5 million for a total of $15 million. The net loss for the period was $6 million compared to last year's $52 million.

Consolidated revenues for the year ended Jan. 28 increased 19 percent for a total of $953 million. Same-store sales rose 13 percent for the year. Direct sales jumped 28 percent for a total of $254 million.

Operating income for the year increased by $42 million or 105 percent for a total of $80 million. Net income for the year was $4 million compared to a net loss of $100 million last year.

Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Nielsen Allies With Pointlogic on Cross-Channel Planning

Nielsen Allies With Pointlogic on Cross-Channel Planning

Aim is to develop a "next generation" media planning tool.

If Only Engendering Loyalty Was as Easy as Clicking Your Heels

If Only Engendering Loyalty Was as Easy as ...

Rack Room Shoes combines data, research, and mobile email to deliver a high-heeled digital loyalty program.

Zeta Introduces 'Cross-Lifecycle' Platform

Zeta Introduces 'Cross-Lifecycle' Platform

Zeta Hub aims to help CMOs deliver on ROI goals by extending customer lifecycles.