Resale platform thredUP and apparel brand Madewell on Thursday (Sept. 23) opened an in-person pop-up shop in Brooklyn that will sell only secondhand clothes, including denim, dresses, jackets and sweaters, with prices ranging from $10 to $40 per item, according to a Footwear News report....
The great retail re-opening is now being called the “great resettling” by many observers and J.Crew is its latest victim. According to several sources the preppy retail chain has been negotiating with its lenders since it canceled plans to take its Madewell subsidiary public. Madewell...
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into the outlook of consumers during the COVID-19 pandemic, data privacy and a shelved...
J.Crew Group is dropping the initial public offering (IPO) of its Madewell spinoff brand after creditor negotiations crumbled, Bloomberg reported Friday (March 20), citing sources familiar with the matter. After terms couldn’t be reached, J.Crew decided Madewell would not go public anytime soon, sources said....
September 23, 2021
Resale platform thredUP and apparel brand Madewell on Thursday (Sept. 23) opened an in-person pop-up shop in Brooklyn that will sell only secondhand clothes, including denim, dresses, jackets and sweaters, with prices ranging from $10 to $40 per item, according to a Footwear News report. The pop-up shop, which will be open through the end […]
March 22, 2020
J.Crew Group is dropping the initial public offering (IPO) of its Madewell spinoff brand after creditor negotiations crumbled, Bloomberg reported Friday (March 20), citing sources familiar with the matter. After...
December 15, 2019
Some disavow clutter; others enjoy simplicity. Either way, more Americans are said to be holding a quiet position against materialism. More consumers are creating their own gifts, opting for experiences,...
April 12, 2019
As J.Crew seeks to keep up the momentum of its Madewell apparel business, among other priorities, the retailer is exploring an initial public offering (IPO) for the brand. The offering...