Libby Wadle

After several seasons of rampant growth, J.Crew posted a decline this quarter, WWD reports. Net income went down 4.5 percent to $29.3 million this spring. Libby Wadle, newly promoted president of the J.Crew brand, says times were tough this spring. "It was a tough macroeconomic environment out there. We had to change how we planned to do business. It was about navigating through the environment in the healthiest way we could."

New York -- A Wednesday report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets. She was previously EVP....

J. Crew Group Inc. on Tuesday said its president of retail and direct channels has resigned in order to spend more time with her family. Tracy Gardner will leave the company Sept. 13.Millard Drexler, chairman and CEO of J.Crew, stated, "I am sorry about Tracy's decision to leave J.Crew but I respect and understand her wish to spend more time with her children.� Tracy and I have worked together for almost 20 years and I will miss her as a great merchant, leader and business partner."Jenna Lyons, 42, who is current executive creative director, will add the title of