J. Crew
Michelle Obama might be fond of J. Crew, but this has done nothing to save it from its demise. It has shut down a number of stores after seeing a decline in sales in recent years. The company also shut down its bridal store and bid goodbye to creative director Jenna Lyons and CEO Millard Drexler. According to Drexler, the company has been suffering after it raised prices.
J. Crew
ADVERTISEMENT
