February 6, 2003, 12:00 AM

Web-based sales fly ahead of total sales at J. Crew

Web-based sales at J. Crew Inc. for the year were up 13.4% to $139.4 million from $122.9 million a year ago, the company reported today. Total revenue for the period was down 1.5% to $766.3 million.

Kurt Peters

Executive Editor

 

Web-based sales at J. Crew Inc. for the past year were up 13.4% to $139.4 million from $122.9 million a year ago, the company reported today. Total revenue for the period was down 1.5% to $766.3 million from $778 million a year earlier. The web accounts for 18.2% of all revenue vs. 15.8% a year ago. Catalog revenue for the year dropped dramatically, to $108.6 million from $135.3 million a year ago.

For January, revenue totaled $33.7 million, down 6% from $35.9 million, while web revenue was up 6.7% to $7.9 million from $7.4 million.

 

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