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J.Crew
J.Crew Group, Inc., is an American multi-brand, multi-channel, specialty retailer. The company offers an assortment of women's, men's, and children's apparel and accessories, including swimwear, outerwear, lounge-wear, bags, sweaters, denim, dresses, suiting, jewelry, and shoes. In 2010, it sold via retail outlets, mail order catalogs, and an online store. As of August 2016, it operated more than 450 retail stores throughout the United States. On May 4, 2020, the company announced that it would apply for bankruptcy protection amidst the COVID-19 pandemic. J. Crew successfully exited bankruptcy protection in September 2020. History Formation and catalog growth In 1947, Mitchell Cinader and Saul Charles founded Popular Merchandise, Inc., a store that did business as Popular Club Plan and sold low-priced women's clothing marketed through in-home demonstrations. Throughout the mid-1980s, sales from catalog operations grew rapidly. "Growth was explosive—25 to 30 percent a year," Ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anchorage Capital Group
Anchorage Capital Group (or simply Anchorage) is an American investment management firm based in New York City. The firm is known as one of the world's most prominent vulture funds, which are funds that invest in distressed securities. Background Anchorage was founded in 2003 by Kevin Ulrich and Tony Davis. Both previously worked in the distressed-debt business of Goldman Sachs. The firm received $100 million in seed money from Reservoir Capital Group. Later on, Davis left the firm to start Inherent Group, which focused on ESG investments. In December 2021, Anchorage announced it would close its $7.4 billion credit flagship fund (ACP Capital) due to lackluster returns and difficulties in markets such as distressed securities. The firm moved on to focus on investments related to structured finance, such as collateralized loan obligations, as well as private credit. At the same time, co-founder Ulrich announced he was stepping down from his role as CEO to a new role as chairm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail Order
Mail order is the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote methods such as: * Sending an order form in the mail * Placing an order by telephone call * Placing an order with a travelling agent * Filling in an order form on a website or mobile app — if the product information is also mainly obtained online rather than via a paper catalogue or via television, this mail-order model is called online shopping or e-commerce Then, the products are delivered to the customer. The products are usually delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient. Some merchants deliver the goods directly to the customer thro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leonard Green & Partners
Leonard Green & Partners, L.P. (LGP) is an American private equity investment firm founded in 1989 and based in Los Angeles. The firm specializes in private equity investments. LGP has invested in over 95 companies since its inception, including Petco and The Container Store. In June 2024, Leonard Green and Partners ranked 18th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History Leonard Green was founded by Leonard I. Green in 1989 after separating from Gibbons, Green and van Amerongen Ltd. (Gibbons Green), a bank which he had co-founded in 1969 with Edward Gibbons and Lewis van Amerongen. Leonard Green died in 2002, leaving the firm to be run by John G. Danhakl, Peter J. Nolan and Jonathan D. Sokoloff. The firm's predecessor, Gibbons Green, was among the earliest practitioners of the leveraged and management buyout. Gibbons Green purchased several companies, including Purex Industries in 1982, Budget Rent a Car from Tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crew (sport)
Rowing, often called crew American English, in the United States, is the sport of racing boats using Oar (sport rowing), oars. It differs from paddling sports in that rowing oars (called blades in the United Kingdom) are attached to the boat using Rowlock, rowlocks, while paddles are not connected to the boat. Rowing is divided into two disciplines: sculling and sweep rowing. In sculling, each rower (or oarsman) holds two oars, one in each hand, while in sweep rowing each rower holds one oar with both hands. There are several boat classes in which athletes may compete, ranging from single sculls, occupied by one person, to shells with eight rowers and a coxswain (rowing), coxswain, called eight (rowing), eights. There are a wide variety of course types and formats of racing, but most elite and championship level racing is conducted on calm water courses long with several lanes marked using buoys. Modern rowing as a competitive sport can be traced to the early 17th century whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talbots
The Talbots, Inc., doing business as Talbots and stylized as TALBOTS, is an American specialty retailer and direct marketer of women's clothing, shoes and fashion accessories. As of 2018, the company operated 495 Talbots stores in the United States: 425 core Talbots stores (412 U.S), 65 Talbots Factory Outlets (U.S.) and five Talbots Clearance stores (4 US). History The first shop, located in Hingham, Massachusetts, was opened in 1947 by Rudolf and Nancy Talbot. In 1948, the Talbots launched a direct mail business by distributing 3,000 fliers to names obtained from ''The New Yorker'' magazine. In 1973, they sold the company, consisting of a growing catalog enterprise and five stores, to General Mills. The chain was expanded along the U.S. east coast. When General Mills divested its Specialty Retail Division in 1988, Talbots was acquired by JUSCO Co. Ltd. (now ÆON Co., Ltd.). Talbots became a public company in 1993 and was traded on the New York Stock Exchange under the sy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upper Middle Class In The United States
In sociology, the upper middle class of the United States is the social group constituted by higher-status members of the middle class in American society. This is in contrast to the term lower middle class, which refers to the group at the opposite end of the middle class scale. There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. In the United States, the upper middle class is defined as consisting of white-collar professionals who have above-average personal incomes, advanced educational degrees and a high degree of autonomy in their work, leading to higher job satisfaction. The main occupational tasks of upper middle class individuals tend to center on conceptualizing, consulting, and instruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ralph Lauren
Ralph Lauren ( ; ; born October 14, 1939) is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren (brand), Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion. Early life Lauren was born on October 14, 1939, in the Bronx, New York City, to Ashkenazi Jews, Ashkenazi Jewish immigrants Frieda Lifshitz (née Cutler) and Frank Lifshitz (né Efraim Lifshitz), an artist and house painter, from Pinsk, Second Polish Republic (now Belarus). His mother was from Drahichyn, Drohiczyn, Second Polish Republic (now Drahichyn, Belarus). The youngest of four siblings, he has two brothers and one sister. At the age of 16, he and his brother George Poitras Lauren legally changed their last name from Lifshitz to Lauren, due to School bullying, bullying a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fabric
Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, and different types of fabric. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the only manufacturing method, and many other methods were later developed to form textile structures based on their intended use. Knitting and non-woven are other popular types of fabric manufacturing. In the contemporary world, textiles satisfy the material needs for versatile applications, from simple daily clothing to bulletproof jackets, spacesuits, and doctor's gowns. Textiles are divided into two groups: consumer textiles for domestic purposes and technical textiles. In consumer textiles, aesthetics and comfort are the most important factors, while in technical textiles, functional properties are the priority. The durability of textiles is an important property, with common cotton or blend garments (such as t-shirts) able to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Street Seaport
The South Street Seaport is a historic area in the New York City borough of Manhattan, centered where Fulton Street meets the East River, within the Financial District of Lower Manhattan. The Seaport is a designated historic district. It is part of Manhattan Community Board 1 in Lower Manhattan, and is next to the East River to the southeast and the Two Bridges neighborhood to the northeast. The district features some of the oldest buildings in Lower Manhattan, and includes the largest concentration of restored early 19th-century commercial buildings in the city. This includes renovated original mercantile buildings, renovated sailing ships, the former Fulton Fish Market, and modern tourist malls featuring food, shopping, and nightlife. History Early history 17th and 18th centuries The first pier in the area appeared in 1625, when the Dutch West India Company founded an outpost there. With the influx of the first settlers, the area was quickly developed. One of the firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
