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On April 11, 2019, J.Crew announced that president and COO, Michael Nicholson, would retain the title of interim CEO, along with the subsequent announcement of Brotman's departure. [39] J.Crew reported a net income of $1.5 million in the fourth quarter of 2019, up from a net loss of $74.4 million in quarter four of 2018. [40] [41] [42]
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