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Madewell's Growth Is Outpacing J.Crew's

Photo: Brian Harkin for Racked
Photo: Brian Harkin for Racked

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J.Crew's sister brand, Madewell, is quickly becoming the prime source of growth for the company. According to its 2014 fiscal year-end report, J.Crew sales have flatlined while Madewell sales are up a whopping 35%. Granted, Madewell still brings in far less overall: even with just a slight 4% increase in sales last year, J.Crew still reported over $2 billion in sales for the company while Madewell reported sales of just over $245 million last year. In total, the company reported over $2.5 billion in sales last year, an increase of 6% from the previous year.

Even though Madewell's sales are still dwarfed by J.Crew, this is likely just the beginning of the brand's growth now that J.Crew CEO Mickey Drexler has zeroed in on its expansion.