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Business

J.Crew swings to Q4 net loss of 74.4 million dollars

J.Crew Group, Inc. said that gross margin for the fourth quarter decreased to 22.4 percent from 36.7 percent in the fourth quarter last year. Operating loss, the company said, was 64.2 million dollars compared with an operating income of 4.9 million dollars in the fourth quarter last year and net loss for was 74.4 million dollars compared with...

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Fashion

Madewell and Karen Walker collaborate for autumn line

Madewell and Karen Walker have joined forces for an end-of-summer line inspired by the New Zealand-based designer’s most popular designs released over the last 20 years. Among the pieces are the Blazar Zip Wide-Leg Jeans, Muster Denim Jacket and the Raw-Edged Denim Trianon Top. The 23-piece collection also features floral prints comprised of a...

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