August 10, 2001, 12:00 AM

J. Crew’s 1st half web sales are up 25% while overall sales are flat

Internet sales at J. Crew Group Inc. totaled $46.3 million in the first half of this year, up 25% from last year’s first half total of $36.9 million. Total revenue equaled $335.7 million, virtually unchanged from $337 million.

Internet sales at J. Crew Group Inc. totaled $46.3 million in the first half of this year, up 25% from last year’s first half total of $36.9 million, the company reported today. For the first half, Internet sales represented 13.8% of J. Crew’s total sales of $335.7 million vs. 11% of last year’s first half sales of $337 million.

In July, Internet sales totaled $4.7 million, 10.4% of July’s total revenue of $45.1 million. July 2001’s web sales totaled $4.5 million. J. Crew’s total revenue in July was down 6% from $47.9 million in July 2000.

J. Crew reports shipping and handling fees separately. For the first half, shipping and handling totaled $14.9 million, down from $15.4 million in last year’s first half. July’s S&H; fees totaled $1.8 million, down from $2.2 million in July 2000. Internet and catalog sales combined totaled $100.9 million in the first half, down from $110.9 million a year earlier and $10.9 million in July, down from $13.4 million a year earlier.

J. Crew Group is a retailer of men`s and women`s apparel, shoes and accessories. The company operates 113 retail stores, the J. Crew catalog, jcrew.com, and 41 factory outlet stores.

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Patrick Smarzynski / E-Commerce

What the changes at eBay mean for sellers

The online marketplace introduced new rules for sellers last month. It’s crucial that sellers understand ...

FPO

Mark Feinstein / E-Commerce

A quick guide to global e-commerce opportunities

Consumers in many countries are buying more online each year. Understanding the nuances of each ...

Advertisement