J. Crew Believes IPO for its younger sister Madewell
Clothing retailer J. Crew Group Inc. says it is considering a potential initial public offering because of its successful Madewell brand.
The statement Thursday comes after the fighting company completed an overview of the options.
It says that a Madewell IPO, if pursued, may be finished as early as the second half of the year.
J. Crew recently started to add a larger range of styles. Madewell has performed with its timeless clothing.