J Crew sales facing sales dip

Sales have fallen at US clothes retailer J Crew, which opened its flagship European store in London in 2013. Its J Crew brand, which accounts for around 90 per cent of total sales, faced a sales dip of five per cent to $508.7m in the quarter ending 2 May. Its net loss widened to $462.4m, from $30.1m this time last year.