Business|ANALYSIS Featured
Explosive web traffic and rising menswear and denim sales drive Madewell’s IPO’s prospects
New York – Madewell is topping its parent’s company – J.Crew Group – growth, adding to the investors’ appeal regarding its recently announced IPO. Madewell derived 40 percent of sales from e-commerce channels in the first six months of this year and had a brick-and-mortar footprint of just 132 locations as of August, the company said in its S-1...
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