J.Crew confirms London store

It is official: J Crew is coming to London in 2013. After announcing that quarterly sales were on the up, Mickey Drexler, CEO of the group, confirmed that J Crew would be opening its first international store on Regent Street before the end of 2013. The lease has apparently been signed on a former Burberry store. The American brand will be bringing both men’s and women’s wear across the Atlantic.

According to an interview with the Figaro last May, the CEO could be interested in opening up in Paris following a successful launch in London.

J Crew counts 241 stores in the United States. For the third quarter of 2012, the group announced 33.2 million dollars in revenue, and increase of 54% on the same period last year. The solid performance comes from stable sales in stores and online. Since March 2012, J Crew has been shipping to 107 and working in 41 different currencies.

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