Offered Without Comment: J. Crew Lowering Prices… Or Not.

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“For spring, you’ll see our prices much more friendly this year”
- CEO Mickey Drexler (via Business Insider & WWD)

 

“We are not lowering our prices. We are simply maintaining a balance of pricing across the board and better communicating to our customers what we have and why it is worth the price it is.”
- J. Crew P.R. (via The Frisky & Vogue)

 

Maybe worth a revisit?