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Read previewIf you've started shopping at J.Crew again in recent years, you likely have Libby Wadle and Olympia Gayot to thank. So, when Wadle, Gayot, and the J.Crew team attended the annual Parsons Benefit on Tuesday night, Business Insider asked the two executives how they think young fashion creatives can succeed in similar careers. She looked effortlessly cool at the Parsons Benefit, dressed in a black, double-breasted blazer over a beaded skirt. AdvertisementThe Parsons Benefit was hosted at Cipriani Wall Street on Tuesday night. The annual event raises funds for student scholarships, inspires young generations of designers, and celebrates influential creatives in fashion and design.
Persons: , Libby Wadle, Olympia Gayot, Wadle, Gayot, they've, Roy Rochlin, Libby Wadle's, Parsons Organizations: Service, Olympia, J.Crew Group, Business, Parsons, Getty Locations: J.Crew
Banana Republic and J. Crew are brands from a bygone era when safari cargo dresses and jewel-adorned oxfords were smart, chic office wear. Gap Inc. , which owns Banana Republic, has struggled to revive its appeal over the years. Banana Republic's third-quarter sales of $460 million were down 11% year-over-year, and its same-store sales were down 8%. For Banana Republic, that means improving clothing quality and elevating its aesthetic to become a quiet luxury brand .
Persons: , Richard Dickson, Jenna Lyons, Libby Wadle, I'm Organizations: Service, Inc, Banana Republic, New York Times, Times
Banana Republic and J. Crew are brands from a bygone era when safari cargo dresses and jewel-adorned oxfords were smart, chic office wear. Gap Inc. , which owns Banana Republic, has struggled to revive its appeal over the years. Banana Republic's third-quarter sales of $460 million were down 11% year-over-year, and its same-store sales were down 8%. For Banana Republic, that means improving clothing quality and elevating its aesthetic to become a quiet luxury brand .
Persons: , Richard Dickson, Jenna Lyons, Libby Wadle, I'm Organizations: Service, Inc, Banana Republic, New York Times, Times
J.Crew's new womenswear and kids design chief has gained a large fan base online. These images are being shared widely on TikTok, helping to boost the brand image. A spokesperson for J.Crew told Harpers Bazaar that its women's business has seen consistent growth since Gayot shared her collections and a boost in sales from her posts. Gayot told Harpers that when she joined in September 2020, a few months pregnant, she was apprehensive. New CEO Libby Wadle told The Wall Street Journal in the summer of 2022 that the company is now profitable.
J.Crew embarked on a comeback after filing for bankruptcy in the early months of the pandemic. But hype alone isn't enough: experts say the stores and product needed a revamp, and the brand is now on the right track. J.Crew has since placed a new CEO at the helm — Libby Wadle, who previously oversaw J.Crew's fast-growing sister brand, Madewell. "In our industry, it begins with product," Quan said. Quan said he's cautiously optimistic, saying that the product improvements hint that the brand is on the right track.
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