Giving Classics a Fresh Look at J. Crew

Wall Street is closely watching J. Crew Group Inc.'s CEO Millard "Mickey" Drexler as he prepares to take the company private. But attendees at New York Fashion Week have their eye on Jenna Lyons, the president, executive creative director and face of the preppy apparel brand.

During the recession, Ms. Lyons became the envy of many retailers with her designs that attracted two highly sought after groups of consumers: the older luxury customer seeking lower-cost alternatives and the 20-something aspirational shopper looking to trade up. Sales rose to nearly $1.6 billion in 2009, an 11% increase over the year before. ...

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