J.Crew Is Preparing to File for Bankruptcy Following Declines in Sales: Report

The announcement came as a surprise, given her influence on the fashion industry. Still, Lyons shared similar sentiments.

“It has been beyond my wildest dreams to work with such an amazing team of people at such an incredible brand and alongside Mickey—one of retail’s most talented visionaries,” she said in a statement in 2017. “I am excited about the next chapter for J.Crew as well as the opportunity for other creative leaders within the organization to step up and take on new responsibilities. Having spent the better part of my life with J.Crew, I feel an immense pride and love for everyone at the company.”

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