J.Crew Names Executive Promotions

New York City — J.Crew Group, Inc. has made several strategic personnel changes across its organization to better position the company for sustainable and profitable growth.

"Today's retail environment is changing more rapidly than ever before. Customers demand greater speed to market, convenience and personalized shopping experiences," says Millard Drexler, J.Crew’s chairman and CEO. "At J.Crew, we are embracing this change and making necessary adjustments to our business and teams to move us forward in a more efficient and dynamic way."

Michael J. Nicholson, president, chief operating officer and chief financial officer of J.Crew Group, Inc., will additionally assume responsibility for the J.Crew brand, which includes the planning and allocation, merchandising, marketing and design functions. Nicholson joined J.Crew in 2016 and has been instrumental in directing and driving J.Crew's strategic evolution. He will continue to report to Drexler.

Lisa Greenwald has been named chief merchandising officer of the J.Crew brand. In her new role, Greenwald will oversee merchandising across J.Crew women's, men's and crewcuts. Greenwald joined J.Crew in 2004 and has held various positions of increasing responsibility in both the J.Crew and Madewell merchandising organizations. Most recently, she served as senior vice president of merchandising for Madewell. She will now report to Nicholson.

Somsack Sikhounmuong has been named chief design officer. In this role, he oversees the women's, men's and crewcuts' design teams. Sikhounmuong has been with J.Crew since 2001, serving in various senior design roles, and from 2013-2015 he was head of design for Madewell. Sikhounmuong will now report to Nicholson.

Libby Wadle has been named president of the Madewell brand. Most recently, Wadle served as president of the J.Crew brand and joined the company in 2004. Throughout her tenure, Wadle has held senior management roles across multiple functions of the business, including J.Crew Factory and Madewell. Wadle will continue to report to Drexler.

J.Crew Group, Inc. is an internationally recognized omnichannel retailer of women's, men's and children's apparel, shoes and accessories. As of April 25, 2017 the company operated 278 J.Crew retail stores, 115 Madewell stores, jcrew.com, jcrewfactory.com, the J.Crew catalog, madewell.com, the Madewell catalog, and 179 factory stores (including 39 J.Crew Mercantile stores). For more information, visit www.jcrew.com.

SOURCE J. Crew Group, Inc.

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