© 2017 Bloomberg Finance LPMadewell, the fast-growing women's retail business owned by J.Crew, could soon be spun off as a standalone, publicly-traded company. It said an IPO could be completed as early as the second half of 2019. Madewell has experienced breakout success in recent years, with sales climbing 26% to $529 million in 2018. Meanwhile, J.Crew sales fell 4% last year. Madewell was launched by J.Crew in 2006 as a separate brand and is particularly known for its denim.

Source: Forbes April 11, 2019 21:09 UTC