J.Crew to Open its First Store in Europe

Despite a slower fourth quarter, J.Crew reported record-breaking numbers for 2012 as a whole, such as $2 billion in revenues and 39 store openings. And, according to WWD, J.Crew plans to add 46 more stores to its fleet (16 J.Crew, 17 Madewell and 13 factory outlets), including its first European location, on Regent Street in London.