"After four decades of business and filing for bankruptcy in 2020, the American retailer is hoping for a renaissance," begins this
New York Times article on a once-storied brand. Still,
"it’s tough to gauge.. recovery efforts, given that J. Crew is privately held and does not disclose much financial data," the article continues. "But there are promising signs. The company said
that A.O.V., or average order value — the amount shoppers spend in a single transaction — is back up."
Read the whole story at The New York Times »
