Despite a slower fourth quarter
— "net profits fell 32.5 percent to $10.2 million," WWD wrote Wednesday
— J.Crew Group Inc. reported record-breaking numbers for 2012 as a whole, such
as $2 billion in revenues and 39 store openings. And, according to the trade, company officials gave a
rundown of what to expect this year during a conference call yesterday
afternoon. J.Crew plans to add 46 more stores to its fleet (that's sixteen
J.Crews, seventeen Madewells, and thirteen factory outlets), including its
first European location, on Regent Street in London. Other European and some
Asian cities might get their very own J. Crew store, too.
