J. Crew’s Net Loss Nearly Doubles in Quarter

J. Crew Group, Inc., New York, reported a net loss of $9.3 million during the quarter, nearly twice first quarter 20001s net loss of $5.2 million.

Revenue for the quarter was $167.8 million, compared to $166.9 million during first quarter 2000. But these numbers don1t reflect softness in both the retail and direct sectors