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LexPan Kwan Yuk
The Lex Newsletter: will retail zombies rise again? Premium content
...The list includes household names such as JC Penney, Brooks Brothers, J Crew and Neiman Marcus. Since then, the number of retail bankruptcy filings has reduced sharply, down more than half in 2021....
July 13, 2022
JC Penney Co Inc
JCPenney buckles under debt load and files for bankruptcy
...The mass-market chain, which has more than 800 stores and employs about 90,000 people, on Friday joined its upscale peer Neiman Marcus, clothing company J Crew and footwear brand Aldo in seeking court protection...
May 15, 2020
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Due Diligence
The decline of an American institution Premium content
...Maybe we just don’t need J Crew any more....
May 7, 2020
Peter Atwater
The gap between the haves and the have-nots is widening sharply
...Neiman Marcus, JC Penney, Pier 1 and J Crew have all filed for bankruptcy this year. But they are hardly alone. With each new day more and more high street shops and restaurants are closing....
June 10, 2020
News in-depthNikkei Asia
The man who clothes Asia: Uniqlo chief Tadashi Yanai
...Covid-19 has not been kind to clothing retailers: Brooks Brothers, J-Crew and JC Penney are among the dozens or even hundreds of businesses that have declared bankruptcy....
October 23, 2020
The 50th anniversary of the Moon landing
What got us to the Moon (and back) in 1969?
...engineer for the lunar module; and John C Houbolt, the Nasa scientist who championed the idea of lunar orbit rendezvous....
June 14, 2019
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
FT AlphavilleAlexandra Scaggs
PetSmart's covenant mystery
...That's because lenders' worries these days involve situations like J Crew's “trapdoor” collateral transfer, in which private-equity sponsors drop a company's most valuable assets into subsidiaries outside...
June 26, 2018
Retail & Consumer industry
J Crew CEO Mickey Drexler to step aside
...Mr Drexler, who joined J Crew in 2003 from rival apparel retailer Gap, will retain his chairman title, the company announced....
June 5, 2017
US & Canadian companies
J Crew’s long-time chief executive to step down
...He has also held roles at retailers including Urban Outfitters, Anthropologie and JC Penney....
June 5, 2017
High yield bonds
Investors cry foul at aggressive clause in euro high-yield sale
...The clause is controversial because TPG-owned J Crew used the same carve-out to move intellectual property into a new shell company at the end of 2016....
June 7, 2017
Corporate culture
The gospel of Jeff Bezos is based on an illusion
...That has accompanied a decline in high street shops and problems at luxury and clothing chains including J. Crew....
April 19, 2017
FT AlphavilleJoseph Cotterill
Uber in ‘minicab company’ shocker
...[Uber B.V. and Uber London Ltd], the drivers and the passengers....
October 28, 2016
Cyber Security
Chinese hacking of US companies declines
...For years, state-sponsored hacking crews — many affiliated with the Chinese military — have ranged freely through electronic files belonging to technology firms, pharmaceuticals makers, health insurers and...
April 13, 2016
On Wall StreetHenny Sender
Mega deal financing will test bond market in 2016
...Meanwhile, many retailers including Neiman Marcus and J Crew have seen spreads on their debt widen as the former reported disappointing results, while the latter began paying investors in securities rather...
December 18, 2015
News in-depthUS & Canadian companies
Warming US economy leaves retailers cold
...Previously, investors took the view that the gradual US recovery would allow retailers saddled with debt from leveraged buyouts — including Neiman Marcus, J Crew and Toys R Us — to begin to reduce their...
November 18, 2015
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
LexUS & Canadian companies
US clothing retail: mall rats
...The companies that are on the upswing, Urban Outfitters, J. Crew, Gap, have vibrant online businesses....
August 22, 2013
FT AlphavilleDavid Keohane
The 6am London Cut
...(WSJ) Penney stock at 13-year low: “Concerns are growing about J.C....
September 26, 2013
FT AlphavilleDavid Keohane
The 6am London Cut
...(Bloomberg) The SEC “is looking into J.C. Penney’s controversial offering of about $800 million in stock this fall....
December 6, 2013
FT AlphavilleDavid Keohane
The 6am London Cut
...Financial Times) “Top U.S. hedge fund managers in the third quarter zoned in on the consumer sector, with investment plays ranging from Sotheby’s, a high-end auction house that caters to millionaires, to J.C...
November 15, 2013
FT AlphavilleIzabella Kaminska
The (early) Lunch Wrap
...Financial Times) “Top U.S. hedge fund managers in the third quarter zoned in on the consumer sector, with investment plays ranging from Sotheby’s, a high-end auction house that caters to millionaires, to J.C...
November 15, 2013
FT AlphavilleMergers & Acquisitions
The (early) Lunch Wrap
...Other companies targeted by the hackers include a Visa Inc licensee, J.C. Penney Co, JetBlue Airways Corp and French retailer Carrefour SA, according to an indictment unveiled in New Jersey.”...
July 26, 2013
beyondbricsMarkets
Brookings comes to India
...Dattaraj V. Salgaocar (V. M. Salgaocar Group) Harsh Pati Singhania (J.K. Organisation) Krishen Sud (Sivik Global Healthcare, Inc.)...
January 30, 2013
UK retail results
Retail: A difficult brief
...Another shopper was so incensed by ill-fitting bras she wrote to the company....
July 3, 2013
Tech blogTim Bradshaw
Foursquare gets a business model with “search ads for the real world”
...Those criteria for placement will still apply to Promoted Updates, with early-adopting brands such as Gap, Hilton and J C Penney paying to make sure that their venue appears top of the list....
July 25, 2012
Material WorldVanessa Friedman
Why Apple’s retail honcho matters
...At a seminar recently Mickey Drexler, the chief executive of J. Crew, got into a “passionate discussion” with the head of a big mall group about how much malls suck....
February 1, 2012

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