J.Crew Appoints Jan Singer as Chief Executive Officer

NEW YORK, Jan. 28, 2020 /PRNewswire/ — J.Crew Group, Inc. (the “Company”) today announced that after a thoughtful and extensive search, the Board of Directors appointed Jan Singer to serve as Chief Executive Officer, effective Feb. 2, 2020. Singer, a veteran consumer and retail executive with more than 25 years of experience putting the customer at the center and positioning brands for long-term growth, most recently served as CEO of Victoria’s Secret Lingerie.

Singer will join the Company’s Board of Directors and assume responsibility for all aspects of the J.Crew and J.Crew Factory brands and businesses. Michael J. Nicholson, who skillfully led the Company as Interim Chief Executive Officer, will return to his previous role as President and Chief Operating Officer of J.Crew Group, Inc. Libby Wadle will continue as President and CEO of Madewell, reporting separately to the Board of Directors of the Company.

“Jan is a dynamic leader with significant experience growing and modernizing omnichannel brands,” said Chad Leat, Director and Chairman of the Board of Directors. “Over the past year, we have made great progress restoring profitability at the J.Crew brand, while further optimizing our operations, thereby establishing a strong foundation for long-term growth. Jan’s passion for our brand, focused vision of our potential and deep understanding of the modern consumer will be invaluable in rebuilding the strategic positioning and prestige of our iconic brand and company.”

“On behalf of the Board, we would like to sincerely thank Mike for his guidance and leadership during this critical interim period,” Mr. Leat continued. “He will continue as a valued and integral leader on the executive team, partnering closely with Jan to drive the business forward.”

At Victoria’s Secret, Ms. Singer led the company’s $4 billion intimates business across 1,000 stores and digital platforms. She strengthened operating performance by innovating across core categories and relaunching new high-growth businesses like sleep and exclusive collaborations. Ms. Singer joined Victoria’s Secret from her previous role as Chief Executive Officer of Spanx, Inc. Prior to Spanx, she spent 10 years at Nike, Inc., where she led both the global footwear and apparel teams. During her tenure at Nike footwear, she oversaw the successful launch of iconic products including Nike Flyknit, Nike Free and the reset of Nike Air. Ms. Singer was also responsible for apparel innovations including Nike Seamless, Nike AeroLoft and Nike Tech Fleece.

“I’m excited and honored to join this iconic brand and team at such an important time,” said Singer. “For me, J.Crew has led specialty retail by knowing what it takes to be a brand—putting the consumer first and at the center. My passion for developing product, brand experiences and teams feels very at home at J.Crew. It’s a beloved brand that has always been in my heart and, like millions of consumers, in my closet.”

President and Chief Operating Officer Michael J. Nicholson added, “Jan’s appointment as CEO is an important milestone for our Company. I am proud of the way the teams came together in 2019 with a renewed focus on restoring profitability at the J.Crew brand, and our results reflected encouraging momentum led by strong gross margin performance and the accelerated benefits of our multi-year cost optimization program. With these key building blocks in place, it is an opportune time for J.Crew to bring on a leader with a proven track record in positioning brands for success.” Mr. Nicholson continued, “It has been an honor to lead this organization over the past year and I would like to extend my gratitude to each and every associate for their relentless support, passion and contributions towards rebuilding our Company. It is an exciting time for J.Crew, and I look forward to partnering with Jan as we further energize our businesses and teams.”

About J.Crew Group, Inc.
J.Crew Group, Inc. is an internationally recognized omnichannel retailer of women’s, men’s and children’s apparel, shoes and accessories. As of January 28, 2020, the Company operates 184 J.Crew retail stores, 138 Madewell stores, jcrew.com, jcrewfactory.com, madewell.com, and 171 factory stores. Certain product, press release and SEC filing information concerning the Company are available at the Company’s website www.jcrew.com[1].

SOURCE J.Crew Group, Inc.

Related Links

http://www.jcrew.com
[2]

References

  1. ^ www.jcrew.com (c212.net)
  2. ^ Link to http://www.jcrew.com (www.jcrew.com)

Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.

Acquire this Domain
You can acquire this site’s domain name! We have nurtured its online marketing value by systematically curating this site by the domain’s relevant keywords. Explore our content network – you can advertise on each or rent vs. buy the domain. Buy@TLDtraders.com | Skype: TLDtraders | +1 (475) BUY-NAME (289 – 6263). Thousands search by this site’s exact keyword domain name! Most are sent here because search engines often love the keyword. This domain can be your 24/7 lead generator! If you own it, you could capture a large amount of online traffic for your niche. Stop wasting money on ads. Instead, buy this domain to gain a long-term marketing asset. If you can’t afford to buy then you can rent the domain.

About Us
We are Internet Investors, Developers, and Franchisers – operating a content network of several thousand sites while federating 100+ eCommerce and SaaS startups. With our proprietary “inverted incubation” model, we leverage a portfolio of $100M in valued domains to impact online trends, traffic, and transactions. We use robotic process automation, machine learning, and other proprietary approaches to power our content network. Contact us to learn how we can help you with your online marketing and/or site maintenance.

Share