J. Crew has officially closed all of its Canadian stores : c

J. Crew has officially closed all of its Canadian stores


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J. Crew has exited Canada for good. After 10 years in the country, the American fashion retailer has closed its last remaining stores. 
The company has been experiencing a years-long decline worldwide, largely attributed to the brand's failure to keep up with fast fashion and athleisure trends.
In 2017 J. Crew Group saw 250 job cuts from its headquarters and major management changes, including longtime CEO Mickey Drexler stepping down after 14 years. 
In 2017, the group found itself around $2 billion in debt. By 2019, they had shut down a number of locations Canada-wide and across Toronto, including its locations in CF Fairview Mall, CF Markville, CF Sherway Gardens, and the Toronto Eaton Centre.

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