J Crew (JCG) 10-K 27 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Feb. 03, 2018	Mar. 23, 2018	Jul. 29, 2017
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Feb. 3, 2018
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	JCG
Entity Registrant Name	J CREW GROUP INC
Entity Central Index Key	1,051,251
Current Fiscal Year End Date	--02-03
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	No
Entity Voluntary Filers	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		1,000
Entity Public Float			$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Current assets:
Cash and cash equivalents	$ 107,066	$ 132,226
Merchandise inventories, net	292,489	314,492
Prepaid expenses and other current assets	83,228	59,494
Refundable income taxes	5,807	8,247
Total current assets	488,590	514,459
Property and equipment, at cost	555,351	642,339
Less accumulated depreciation	(265,910)	(280,152)
Property and equipment, net	289,441	362,187
Intangible assets, net	308,702	450,204
Goodwill	107,900	107,900
Other assets	6,374	6,207
Total assets	1,201,007	1,440,957
Current liabilities:
Accounts payable	232,480	194,494
Other current liabilities	167,113	157,141
Interest payable	21,914	7,977
Due to Parent	38,210	33,462
Current portion of long-term debt	15,670	15,670
Total current liabilities	475,387	408,744
Long-term debt, net	1,697,812	1,494,490
Lease-related deferred credits, net	117,688	132,566
Deferred income taxes, net	29,486	148,200
Other liabilities	30,168	43,168
Total liabilities	2,350,541	2,227,168
Stockholders’ deficit:
Additional paid-in capital	733,071	980,368
Accumulated other comprehensive loss	(2,603)	(11,536)
Accumulated deficit	(1,880,002)	(1,755,043)
Total stockholders’ deficit	(1,149,534)	(786,211)
Total liabilities and stockholders’ deficit	$ 1,201,007	$ 1,440,957

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 03, 2018	Jan. 28, 2017
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000	1,000
Common stock, shares issued	1,000	1,000
Common stock, shares outstanding	1,000	1,000

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	[1]	Jan. 28, 2017	Jan. 30, 2016
Revenues:
Net sales	$ 2,270,190		$ 2,359,622	$ 2,447,692
Other	99,928		65,840	58,135
Total revenues	2,370,118		2,425,462	2,505,827
Cost of goods sold, including buying and occupancy costs	1,477,943		1,550,185	1,610,256
Gross profit	892,175		875,277	895,571
Selling, general and administrative expenses	870,950		818,546	834,137
Impairment losses	141,187		7,752	1,381,642
Income (loss) from operations	(119,962)		48,979	(1,320,208)
Interest expense, net	110,513		79,359	69,801
Loss on refinancings			435
Loss before income taxes	(230,475)		(30,815)	(1,390,009)
Benefit for income taxes	(105,516)		(7,301)	(147,333)
Net loss	(124,959)		(23,514)	(1,242,676)
Other comprehensive income (loss):
Reclassification of losses on cash flow hedges, net of tax, to earnings	6,537		6,387	74
Unrealized gain (loss) on cash flow hedges, net of tax	693		449	(7,012)
Foreign currency translation adjustments	1,703		(1,581)	200
Comprehensive loss	$ (116,026)		$ (18,259)	$ (1,249,414)
[1]	Consists of 53 weeks.

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Total		Common Stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive loss
Beginning Balance at Jan. 31, 2015	$ 516,024			$ 1,014,930	$ (488,853)	$ (10,053)
Beginning Balance (in shares) at Jan. 31, 2015			1,000
Net loss	(1,242,676)				(1,242,676)
Share-based compensation	2,580			2,580
Dividend and contribution to Parent	(38,177)			(38,177)
Reclassification of realized losses on cash flow hedges, net of tax, to earnings	74					74
Unrealized gain (loss) on cash flow hedges, net of tax	(7,012)					(7,012)
Foreign currency translation adjustments	200					200
Ending Balance at Jan. 30, 2016	(768,987)			979,333	(1,731,529)	(16,791)
Ending Balance (in shares) at Jan. 30, 2016			1,000
Net loss	(23,514)				(23,514)
Share-based compensation	1,035			1,035
Reclassification of realized losses on cash flow hedges, net of tax, to earnings	6,387					6,387
Unrealized gain (loss) on cash flow hedges, net of tax	449					449
Foreign currency translation adjustments	(1,581)					(1,581)
Ending Balance at Jan. 28, 2017	(786,211)			980,368	(1,755,043)	(11,536)
Ending Balance (in shares) at Jan. 28, 2017			1,000
Net loss	(124,959)	[1]			(124,959)
Share-based compensation	2,299			2,299
Non-cash contribution to Parent in connection with Exchange Offer	(249,596)			(249,596)
Reclassification of realized losses on cash flow hedges, net of tax, to earnings	6,537	[1]				6,537
Unrealized gain (loss) on cash flow hedges, net of tax	693	[1]				693
Foreign currency translation adjustments	1,703	[1]				1,703
Ending Balance at Feb. 03, 2018	$ (1,149,534)			$ 733,071	$ (1,880,002)	$ (2,603)
Ending Balance (in shares) at Feb. 03, 2018			1,000
[1]	Consists of 53 weeks.

Consolidated Statements of Cha6

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2017	Jan. 30, 2016
Statement Of Stockholders Equity [Abstract]
Reclassification of realized losses on cash flow hedges, tax	$ 4,083	$ 47
Unrealized (loss) gain on cash flow hedges, tax	$ 287	$ (4,483)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018		Jan. 28, 2017	Jan. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (124,959)	[1]	$ (23,514)	$ (1,242,676)
Adjustments to reconcile to cash flows from operating activities:
Impairment losses	141,187	[1]	7,752	1,381,642
Depreciation of property and equipment	101,288		109,503	103,966
Reclassification of hedging losses to earnings	10,717		10,470	119
Amortization of intangible assets	9,086		10,540	15,559
Amortization of deferred financing costs and debt discount	6,128		5,021	5,030
Share-based compensation	2,299		1,035	2,580
Loss on sale of property	526
Loss on refinancings			435
Foreign currency transaction (gains) losses	(1,411)		(1,539)	2,027
Deferred income taxes	(123,276)		(5,140)	(151,232)
Changes in operating assets and liabilities:
Merchandise inventories, net	22,562		57,798	(5,351)
Prepaid expenses and other current assets	(23,340)		5,989	(4,265)
Other assets	184		741	(701)
Accounts payable and other liabilities	40,379		(62,965)	16,910
Federal and state income taxes	1,536		21,707	11,945
Net cash provided by operating activities	62,906		137,833	135,553
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(39,678)		(80,140)	(103,657)
Proceeds from sale of property	2,530
Net cash used in investing activities	(37,148)		(80,140)	(103,657)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cost paid in connection with refinancings of debt	(5,740)		(1,099)	(137)
Quarterly principal repayments of Term Loan Facility	(19,588)		(11,753)	(15,670)
Dividend and contribution to Parent				(38,177)
Net cash used in financing activities	(52,294)		(12,852)	(53,984)
Effect of changes in foreign exchange rates on cash and cash equivalents	1,376		(427)	(1,197)
Increase (decrease) in cash and cash equivalents	(25,160)		44,414	(23,285)
Beginning balance	132,226		87,812	111,097
Ending balance	107,066		132,226	87,812
Supplemental cash flow information:
Income taxes paid	1,610		1,245	1,328
Interest paid	89,059		$ 72,558	$ 73,923
Non-cash contribution to Parent in connection with Exchange Offer	249,596
New Notes
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from term loan facility, net of discount	94,090
New Term Loan Borrowings
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from term loan facility, net of discount	29,400
Term Loan Facility
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments pursuant to the Term Loan amendment	$ (150,456)
[1]	Consists of 53 weeks.

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	12 Months Ended
	Feb. 03, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Nature of Business and Summary of Significant Accounting Policies	1. Nature of Business and Summary of Significant Accounting Policies (a) Basis of Presentation J.Crew Group, Inc. and its wholly owned subsidiaries (the “Company” or “Group”) was acquired (the “Acquisition”) on March 7, 2011 through a merger with a subsidiary of Chinos Holdings, Inc. (the “Parent”). The Parent was formed by investment funds affiliated with TPG Capital, L.P. (“TPG”) and Leonard Green & Partners, L.P. (“LGP” and together with TPG, the “Sponsors”). Subsequent to the Acquisition, Group became an indirect, wholly owned subsidiary of Parent, which is owned by affiliates of the Sponsors, investors and members of management. Prior to March 7, 2011, the Company operated as a public company with its common stock traded on the New York Stock Exchange. All significant intercompany balances and transactions within Group are eliminated in consolidation. (b) Business The Company designs, contracts for the manufacture of, markets and sells women’s, men’s and children’s apparel, shoes and accessories under the J.Crew and Madewell brand names. The Company’s products are marketed primarily in the United States, Canada, the United Kingdom and Hong Kong through its retail and factory stores, its websites and select third-party resellers. The Company is subject to seasonal fluctuations in its merchandise sales and results of operations. The Company expects its revenues generally to be lower in the first and second quarters than in the third and fourth quarters (which includes the holiday season) of each fiscal year. A significant amount of the Company’s products are produced in Asia through arrangements with independent contractors. As a result, the Company’s operations could be adversely affected by political instability resulting in the disruption of trade from the countries in which these contractors are located or by the imposition of additional duties or regulations relating to imports or by the contractor’s inability to meet the Company’s production requirements. (c) Fiscal Year The Company’s fiscal year ends on the Saturday closest to January 31. The fiscal years 2017, 2016, and 2015 ended on February 3, 2018, January 28, 2017, and January 30, 2016, respectively. Fiscal year 2017 consisted of 53 weeks and fiscal years 2016 and 2015 each consisted of 52 weeks. (d) Use of Estimates in the Preparation of Financial Statements Management is required to make estimates and assumptions about future events in preparing financial statements in conformity with generally accepted accounting principles (“GAAP”). These estimates and assumptions affect the amounts of assets, liabilities, revenues and expenses at the date of the consolidated financial statements. While management believes that past estimates and assumptions have been materially accurate, current estimates are subject to change if different assumptions as to the outcome of future events are made. Management evaluates estimates and judgments on an ongoing basis and predicates those estimates and judgments on historical experience and on reasonable factors. Since future events and their effects cannot be determined with absolute certainty, actual results may differ from the estimates used in preparing the accompanying consolidated financial statements. (e) Revenue Recognition Revenue is recognized at the point of sale in the stores and at an estimated date of receipt by a customer in the e-commerce business. Prices for all merchandise are listed in the Company’s websites are confirmed with the customer upon order. The customer has no cancellation privileges other than customary rights of return. In the wholesale business, revenue is recognized at the time ownership is transferred to a third-party reseller. The Company accrues a sales return allowance for estimated returns of merchandise that will occur subsequent to the balance sheet date, but relate to sales prior to the balance sheet date. The Company presents taxes collected from customers and remitted to governmental authorities on a net basis on the consolidated statements of operations and comprehensive loss. A liability is recognized at the time a gift card is sold, and revenue is recognized at the time the gift card is redeemed for merchandise. Revenue is deferred and a liability is recognized for gift cards issued in connection with the Company’s customer loyalty program. Any unredeemed loyalty gift cards are recognized as income in the period in which they expire. Amounts billed to customers for shipping and handling fees are recorded in other revenues. Other revenues also include (i) revenues from third-party resellers, which amounted to $62,092 in fiscal 2017, $29,107 in fiscal 2016, and $24,088 in fiscal 2015, and (ii) income from unredeemed gift cards, estimated based on Company specific historical trends, which amounted to $4,359 in fiscal 2017, $5,208 in fiscal 2016, and $4,539 in fiscal 2015. (f) Merchandise Inventories, net Merchandise inventories, net are stated at the lower of average cost or net realizable value. The Company capitalizes certain design, purchasing and warehousing costs in inventory and these costs are included in cost of goods sold as the inventories are sold. (g) Advertising and Catalog Costs Direct response advertising, which consists primarily of catalog production and mailing costs, are capitalized and amortized over the expected future revenue stream. Amortization of capitalized advertising costs is computed using the ratio of current period revenues for the catalog cost pool to the total of current and estimated future period revenues for that catalog cost pool. The capitalized costs of direct response advertising are amortized, commencing with the date catalogs are mailed, over the duration of the expected revenue stream, which is approximately two months. Deferred catalog costs, included in prepaid expenses and other current assets, as of February 3, 2018 and January 28, 2017 were $2,943 and $4,789, respectively. Catalog costs, which are reflected in selling, general and administrative expenses, were $28,797 in fiscal 2017, $41,268 in fiscal 2016, and $48,533 in fiscal 2015. All other advertising costs, which are expensed as incurred, were $74,924 in fiscal 2017, $63,427 in fiscal 2016, and $71,095 in fiscal 2015. (h) Lease-Related Deferred Credits Rental payments under operating leases are charged to expense on a straight-line basis after consideration of rent holidays, step rent provisions and escalation clauses. Differences between rental expense, which is recognized from the date of possession, and actual rental payments are recorded as deferred rent and included in deferred credits. The Company receives construction allowances upon entering into certain store leases. These construction allowances are recorded as deferred credits and are amortized as a reduction of rent expense over the term of the related lease. Deferred construction allowances were $70,390 and $83,028 at February 3, 2018 and January 28, 2017, respectively. Additionally, in connection with the Acquisition, the Company recorded liabilities for unfavorable lease commitments, which are amortized on a straight-line basis over the remaining lease life, which aggregated to $1,728 and $4,733 at February 3, 2018 and January 28, 2017, respectively. (i) The fair value of time-based employee awards is recognized as compensation expense on a straight line basis over the requisite service period of the award. The fair value of restricted stock, which vests when specified levels of profitability as measured by the Company are met, will not be recognized until such event is deemed probable. Determining the fair value of options at the grant date requires judgment, including estimating the expected term that stock options will be outstanding prior to exercise, the associated volatility and the expected dividend yield. Upon grant of awards, the Company also estimates an amount of forfeitures that will occur prior to vesting. See note 5 for more information regarding share-based awards. (j) Property and Equipment Property and equipment are stated at cost and are depreciated over the estimated useful lives using the straight-line method. Buildings and improvements are depreciated over estimated useful lives of twenty years. Furniture, fixtures and equipment are depreciated over estimated useful lives, ranging from three to ten years. Leasehold improvements are depreciated over the shorter of their useful lives or related lease terms (without consideration of optional renewal periods). The Company capitalizes certain costs (included in fixtures and equipment) related to the acquisition and development of software and amortizes these costs using the straight line method over the estimated useful life of the software, which is three to five years. Certain development costs not meeting the criteria for capitalization are expensed as incurred. (k) Impairment of Long-Lived Assets The Company reviews long-lived assets and certain identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses the recoverability of such assets based upon estimated cash flow forecasts. Charges for impairment of long-lived assets were $11,387 in fiscal 2017, $7,752 in fiscal 2016 and $4,522 in fiscal 2015. See notes 4 and 10 for more information regarding impairment of long-lived assets. (l) Income Taxes The Company accounts for income taxes using an asset and liability method. Deferred tax assets and deferred tax liabilities are recognized based on the difference between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred taxes are measured using current enacted tax rates in effect in the years in which those temporary differences are expected to reverse. The provision for income taxes includes taxes currently payable and deferred taxes resulting from the tax effects of temporary differences between the financial statement and tax bases of assets and liabilities. The Company maintains valuation allowances where it is more likely than not that all or a portion of a deferred tax asset will not be realized. Changes in the valuation allowances are included in the Company’s tax provision in the period of change. In determining whether a valuation allowance is warranted, the Company evaluates factors such as prior earnings history, expected future earnings, carry-back and carry-forward periods and tax strategies that could potentially enhance the likelihood of the realization of a deferred tax asset. With respect to uncertain tax positions taken or expected to be taken on a tax return, the Company recognizes in its financial statements the impact of tax positions that meet a “more likely than not” threshold, based on the technical merits of the position. The tax benefits recognized from uncertain positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon effective settlement. The Company recognizes interest expense and income related to income taxes as a component of interest expense, and penalties as a component of selling, general and administrative expenses. (m) Segment Information The Company has two operating segments, J.Crew and Madewell, which are aggregated into one reportable segment. The Company’s identifiable assets are located primarily in the United States. Export sales are not material. (n) Cash and Cash Equivalents The Company considers all highly liquid marketable securities, with maturities of 90 days or less when purchased, to be cash equivalents. Cash equivalents, which were $65,667 and $96,450 at February 3, 2018 and January 28, 2017, respectively, are stated at cost, which approximates fair market value. (o) Operating Expenses Cost of goods sold (including buying and occupancy costs) includes the direct cost of purchased merchandise, freight, design, buying and production costs, occupancy costs related to store operations, and all shipping and handling and delivery costs. Selling, general and administrative expenses include all operating expenses not included in cost of goods sold, primarily administrative payroll, store expenses other than occupancy costs, depreciation and amortization, catalog production and mailing costs, certain warehousing expenses (aggregating to $42,350 in fiscal 2017, $40,841 in fiscal 2016 and $44,164 in fiscal 2015) and credit card fees. (p) Deferred Financing Costs Deferred financing costs are amortized over the term of the related debt agreements. The amortization is included in interest expense, net. (q) Goodwill and Intangible Assets The Acquisition of the Company was accounted for as a purchase business combination, whereby the purchase price paid was allocated to recognize the acquired assets and liabilities at fair value. In connection with the purchase price allocation, intangible assets were established for the J.Crew and Madewell trade names, loyalty program, customer lists and favorable lease commitments. The purchase price in excess of the fair value of assets and liabilities was recorded as goodwill, which consists primarily of intangible assets related to the knowhow, design and merchandising abilities that do not qualify for separate recognition. Indefinite-lived intangible assets, such as the J.Crew trade name and goodwill, are not subject to amortization. The Company assesses the recoverability of indefinite-lived intangibles whenever there are indicators of impairment, or at least annually in the fourth quarter. If the recorded carrying value of an intangible asset exceeds its estimated fair value, the Company records a charge to write the intangible asset down to its fair value. Definite-lived intangibles, such as the Madewell trade name and favorable lease commitments, are amortized on a straight line basis over their useful life or remaining lease term. See note 4 for more information regarding goodwill and intangible assets of the Company. The Company assesses the recoverability of goodwill at the reporting unit level, which consists of its operating segments, J.Crew and Madewell, of which only Madewell has goodwill. In this assessment, the Company first compares the estimated enterprise fair value of the Madewell reporting unit to its recorded carrying value. The Company estimates the enterprise fair value based on a combination of an income approach, specifically the discounted cash flow, a market approach, and a transaction approach. If the recorded carrying value of the Madewell reporting unit exceeds its estimated enterprise fair value in the first step, a second step is performed in which the Company allocates the enterprise fair value to the fair value of the Madewell’s net assets. The second step of the impairment testing process requires, among other things, estimates of fair values of substantially all of the Company’s tangible and intangible assets. Any enterprise fair value in excess of amounts allocated to such net assets represents the implied fair value of goodwill for Madewell. If the recorded goodwill balance for Madewell exceeds the implied fair value of goodwill, an impairment charge is recorded to write goodwill down to its fair value. See note 4 for more information regarding impairment of goodwill and intangible assets. (r) Dividends Dividends are recorded at the declaration date as a reduction of retained earnings included in stockholders’ equity (deficit). If the amount of the dividend exceeds retained earnings, the dividend is recorded as a reduction of additional paid-in capital. (s) Foreign Currency Translation The financial statements of the Company’s foreign operations are translated into U.S. dollars. Assets and liabilities are translated at current exchange rates as of the balance sheet date, equity accounts at historical exchange rates, while revenue and expense accounts are translated at the average rates in effect during the year. Translation adjustments are not included in determining net income, but are included in accumulated other comprehensive loss within stockholders’ equity (deficit). As of February 3, 2018 and January 28, 2017, foreign currency translation adjustments resulted in accumulated gains of $1,703 and accumulated losses of $1,581, respectively. Foreign currency transaction gains (losses) included in operating results were $1.4 million in fiscal 2017, $1.5 million in fiscal 2016 and $(2.0) million in fiscal 2015. (t) Derivative Financial Instruments The Company enters into interest rate swap agreements to manage a portion of its interest rate risk related to floating rate indebtedness. As cash flow hedges, unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. The interest rate swap agreements are highly correlated to the changes in interest rates to which the Company is exposed. Unrealized gains and losses on these instruments are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of accumulated other comprehensive loss, while the ineffective portion of such gains or losses is recorded as a component of interest expense. Realized gains and losses in connection with each required interest payment are reclassified from accumulated other comprehensive loss to interest expense. (u) Reclassification Certain prior year amounts have been reclassified to conform to the current year’s presentation.

Debt Exchange and Refinancing

Debt Exchange and Refinancing	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Debt Exchange and Refinancing	2. Debt Exchange and Refinancing Transaction Overview On July 13, 2017, the Parent and certain of its subsidiaries completed the following interrelated liability management transactions: • a private exchange offer (the “Exchange Offer”) pursuant to which $565.7 million aggregate principal amount of the outstanding 7.75%/8.50% Senior PIK Toggle Notes due 2019 (the “PIK Notes”) issued by Chinos Intermediate Holdings A, Inc., a direct wholly-owned subsidiary of the Parent (the “PIK Notes Issuer”), were exchanged for aggregate consideration consisting of: o $249,596,000 aggregate principal amount of 13% Senior Secured Notes due 2021 issued by J.Crew Brand, LLC and J.Crew Brand Corp. (the “Exchange Notes”) , which are secured primarily by the U.S. intellectual property assets held by J.Crew Domestic Brand, LLC (“IPCo”) o 189,688 shares of Parent’s 7% non-convertible perpetual series A preferred stock, no par value per share, with an aggregate initial liquidation preference of $189,688,000 (the “Series A Preferred Stock”); and o 15% of Parent’s common equity, or 17,362,719 shares of Parent’s class A common stock, $0.00001 par value per share (the “Class A Common Stock”); • the receipt of consents from the holders of a majority of the PIK Notes with respect to certain amendments to the indenture governing the PIK Notes; • completion of an amendment to the Company’s Amended and Restated Credit Agreement, dated as of March 5, 2014 (the “Term Loan Facility”) to, among other things, facilitate the following related transactions: o the repayment of $150.5 million principal amount of term loans then outstanding under the Term Loan Facility; o the transfer of the remaining undivided 27.96% ownership interest in the U.S. intellectual property rights of the J.Crew brand (the “Additional Transferred IP”) to IPCo, which, together with the undivided 72.04% ownership interest transferred in December 2016 (the “Initial Transferred IP”) represent 100% of the U.S. intellectual property rights of the J.Crew brand (the “Transferred IP”), and the execution of related license agreements; o the issuance of $97.0 million aggregate principal amount of an additional series of 13% Senior Secured Notes due 2021 by J.Crew Brand, LLC and J.Crew Brand Corp. (the “New Money Notes” and, together with the Exchange Notes, the “New Notes”), subject to the same terms and conditions as the Exchange Notes, for cash at a 3% discount, subject to the terms of the note purchase agreement, dated June 12, 2017, the proceeds of which were loaned on a subordinated basis to the Company and were applied, in part, to finance the repayment of the $150.5 million principal amount of term loans referenced above; and o the raising of additional borrowings under the Term Loan Facility of $30.0 million (at a 2% discount) provided by the Company’s Sponsors (the “New Term Loan Borrowings”), the net proceeds of which were also applied, in part, to finance the repayment of the $150.5 million principal amount of term loans referenced above.

Management Services Agreement

Management Services Agreement	12 Months Ended
	Feb. 03, 2018
Related Party Transactions [Abstract]
Management Services Agreement	3. Management Services Agreement Pursuant to a management services agreement entered into in connection with the Acquisition, and in exchange for ongoing consulting and management advisory services (the “Services”), the Sponsors received an aggregate annual monitoring fee prepaid quarterly equal to the greater of (i) 40 basis points of consolidated annual revenues or (ii) $8 million (in either case, the “Advisory Fee”). The Sponsors also receive reimbursement for out-of-pocket expenses incurred in connection with services provided pursuant to the agreement. On July 13, 2017, the management services agreement was amended and restated to require the Parent to provide the Services previously provided by the Sponsors. In addition to the amendment, the Parent and Sponsors entered into a new management services agreement, pursuant to which the Sponsors will provide the Services to the Parent for an amount equal to the Advisory Fee less the accrued cash dividend in an amount equal to 5% of the liquidation preference on the outstanding Series A Preferred Stock of the Parent. The Company recorded an expense of $9.7 million in fiscal 2017, $10.0 million in fiscal 2016, and $10.3 million in fiscal 2015 for monitoring fees and out-of-pocket expenses, included in selling, general and administrative expenses in the statements of operations and comprehensive loss.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Feb. 03, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	4. Goodwill and Intangible Assets A summary of the components of intangible assets is as follows: Loyalty Program and Customer Lists Favorable Lease Commitments Madewell Trade Name Key Money J.Crew Trade Name Balance at January 30, 2016 $ 433 $ 14,208 $ 61,842 $ 4,266 $ 379,995 Amortization expense (433 ) (5,568 ) (4,100 ) (439 ) — Balance at January 28, 2017 $ — $ 8,640 $ 57,742 $ 3,827 $ 379,995 Amortization expense — (4,728 ) (4,100 ) (257 ) — Impairment losses — — — (2,060 ) (129,800 ) Effect of changes in foreign exchange rates — — — (557 ) — Balance at February 3, 2018 $ — $ 3,912 $ 53,642 $ 953 $ 250,195 Total accumulated amortization or impairment losses at February 3, 2018 $ (27,010 ) $ (57,098 ) $ (28,358 ) $ (3,864 ) $ (635,105 ) Estimated amortization expense of intangible assets for the next five fiscal years is as follows: $7 million in fiscal 2018, $5 million in fiscal 2019, $4 million in fiscal 2020, $4 million in fiscal 2021, and $4 million in fiscal 2022. During the first quarter of fiscal 2017, the Company generated less than expected revenues in its J.Crew reporting unit, which the Company determined to be a triggering event with regard to the valuation of its J.Crew trade name. As a result, the Company recorded a non-cash impairment charge of $129.8 million related to the intangible asset for the J.Crew trade name. After recording the impairment charge in the first quarter, the carrying value of the J.Crew trade name was $250.2 million. If revenues or operating results decline below the Company’s current expectations, additional impairment charges may be recorded in the future. The impairment losses were the result of the write-down of the following assets: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Goodwill allocated to the J.Crew reporting unit $ — $ — $ 1,016,815 Intangible asset related to the J.Crew trade name 129,800 — 360,305 Long-lived assets (see note 10) 11,387 7,752 4,522 Impairment losses $ 141,187 $ 7,752 $ 1,381,642 The carrying value of goodwill of $107.9 million relates to the Madewell reporting unit. There is no remaining goodwill attributable to the J.Crew reporting unit, which has previously recorded accumulated impairment losses of $1,579.0 million.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Feb. 03, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	5. Share-Based Compensation Chinos Holdings, Inc. 2011 Equity Incentive Plan On March 4, 2011, the Parent adopted the Chinos Holdings, Inc. 2011 Equity Incentive Plan (the “2011 Plan”). On July 13, 2017, in connection with a debt exchange and refinancing, the Parent completed a recapitalization of its outstanding equity. The recapitalization resulted in, among other things, a reverse stock split of the shares of common stock underlining the share-based awards issued by the Company. The reverse stock split of 10,000-to-1 resulted in (i) a substantial decrease in number of authorized awards from 91,740,627 shares to 9,174 shares, and (ii) a substantial increase in the exercise price of $0.10 to $1,000 per share. The total unrecognized compensation cost of $0.2 million associated with the split-adjusted awards is not material to the financial statements. The related disclosures associated with the split-adjusted awards are not meaningful or material, and have been omitted from this footnote. The recapitalization included (i) the issuance of preferred stock of the Parent, including an authorization for equity awards to be granted up to 20,000 shares and (ii) the issuance of additional shares of common stock of the Parent, including an authorization for equity awards to be granted up to 13,003,295 shares. Additionally, on October 3, 2017, the Company authorized additional awards of 5,209,823 shares to be granted its Chief Executive Officer in accordance with an employment agreement. The following disclosures are presented with respect to the newly authorized share-based awards only. A summary of the shares available for grant as stock options or other share-based awards, as adjusted for the reverse stock split where appropriate, is as follows: Common Stock Awards Preferred Stock Awards Available for grant at January 28, 2017 363 — Authorized 18,213,118 20,000 Granted (5,209,878 ) — Forfeited and available for reissuance 15,046 — Available for grant at February 3, 2018 13,018,649 20,000 Restricted Stock In fiscal 2017, the Company issued 5,209,823 shares of restricted stock, of which 2,604,911 shares vest over the requisite service periods of one to five years and 2,604,912 shares vest when certain performance conditions are met. The fair value of the restricted stock grant was zero. A summary of restricted stock activity under the 2011 Plan, as adjusted for the reverse stock split, is as follows: Shares Weighted Average Outstanding at January 28, 2017 29,102 $ — Granted 5,209,823 $ — Vested (14,212 ) $ — Forfeited (14,190 ) $ — Outstanding at February 3, 2018 5,210,523 $ —

Property and Equipment

Property and Equipment	12 Months Ended
	Feb. 03, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	6. Property and Equipment A summary of property and equipment, net is as follows: February 3, 2018 January 28, 2017 Land $ 3,361 $ 3,784 Buildings and improvements 27,678 29,320 Fixtures and equipment 232,731 274,268 Leasehold improvements 282,643 319,510 Asset retirement obligations — 210 Construction in progress 8,938 15,247 555,351 642,339 Less accumulated depreciation and amortization (265,910 ) (280,152 ) $ 289,441 $ 362,187

Other Current Liabilities

Other Current Liabilities	12 Months Ended
	Feb. 03, 2018
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	7. Other Current Liabilities A summary of other current liabilities is as follows: February 3, 2018 January 28, 2017 Customer liabilities $ 39,621 $ 41,968 Accrued compensation 33,201 19,644 Reserve for sales returns 10,602 11,157 Deferred revenue 7,826 6,950 Taxes, other than income taxes 5,646 3,764 Accrued occupancy 1,489 2,005 Other, primarily accrued operating expenses 68,728 71,653 $ 167,113 $ 157,141

Long-term Debt and Credit Agree

Long-term Debt and Credit Agreements	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Long-term Debt and Credit Agreements	8. Long-term Debt and Credit Agreements A summary of long-term debt is as follows: February 3, 2018 January 28, 2017 Term Loan Facility $ 1,388,258 $ 1,527,825 New Notes 346,596 — Less: current portion (15,670 ) (15,670 ) Less: deferred financing costs (14,879 ) (13,095 ) Less: discount (6,493 ) (4,570 ) Long-term debt, net $ 1,697,812 $ 1,494,490 Borrowings under the ABL Facility $ — $ — ABL Facility The Company has an ABL Facility, which is governed by an asset-based credit agreement with Bank of America, N.A., as administrative agent and the other agents and lenders party thereto, that provides for a $350 million senior secured asset-based revolving line of credit (which may be increased by up to $100 million in certain circumstances), subject to a borrowing base limitation. The ABL Facility includes borrowing capacity in the form of letters of credit up to $200 million, and up to $25 million in U.S. dollars for loans on same-day notice, referred to as swingline loans, and is available in U.S. dollars, Canadian dollars and Euros. Any amounts outstanding under the ABL Facility are due and payable in full on the maturity date. Any amounts outstanding under the ABL Facility are due and payable in full on November 17, 2021. Loans drawn under the ABL Facility bear interest at a rate per annum equal to, at Group’s option, any of the following, plus, in each case, an applicable margin: (a) in the case of loans in U.S. dollars, a base rate determined by reference to the highest of (1) the prime rate of Bank of America, N.A., (2) the federal funds effective rate plus 0.50% and (3) a LIBOR determined by reference to the costs of funds for U.S. dollar deposits for an interest period of one month adjusted for certain additional costs, plus 1.00%; (b) in the case of loans in U.S. dollars or in Euros, a LIBOR determined by reference to the costs of funds for deposits in the relevant currency for the interest period relevant to such loan adjusted for certain additional costs; (c) in the case of loans in Canadian dollars, the average offered rate for Canadian dollar bankers’ acceptances having an identical term of the applicable loan; and (d) in the case of loans in Canadian dollars, a fluctuating rate determined by reference to the higher of (1) the average offered rate for 30 day Canadian dollar bankers’ acceptances plus 0.50% and (2) the prime rate of Bank of America, N.A. for loans in Canadian dollars. The applicable margin for loans under the ABL Facility varies based on Group’s average historical excess availability and ranges from 0.25% to 0.75% with respect to base rate loans and loans in Canadian dollars bearing interest at the rate described in the immediately preceding clause (d), and from 1.25% to 1.75% with respect to LIBOR loans and loans in Canadian dollars bearing interest at the rate described in the immediately preceding clause (c). In addition, Group is required to pay a commitment fee of 0.25% per annum, in respect of the unutilized commitments under the ABL Facility, as well as customary letter of credit and agency fees. All obligations under the ABL Facility are unconditionally guaranteed by Group’s immediate parent and certain of Group’s existing and future wholly owned domestic subsidiaries (referred to herein as the subsidiary guarantors) and are secured, subject to certain exceptions, by substantially all of Group’s assets and the assets of Group’s immediate parent and the subsidiary guarantors, including, in each case subject to customary exceptions and exclusions: • a first-priority security interest in personal property consisting of accounts receivable, inventory, cash, deposit accounts (other than any designated deposit accounts containing solely the proceeds of collateral with respect to which the obligations under the ABL Facility have only a second-priority security interest), securities accounts, commodities accounts and certain assets related to the foregoing and, in each case, proceeds thereof (such property, the “Current Asset Collateral”); • a second-priority pledge of all of Group’s capital stock directly held by Group’s immediate parent and a second priority pledge of all of the capital stock directly held by Group and any subsidiary guarantors (which pledge, in the case of the capital stock of each (a) domestic subsidiary that is directly owned by Group or by any subsidiary guarantor and that is a disregarded entity for United States Federal income tax purposes substantially all of the assets of which consist of equity interests in one or more foreign subsidiaries or (b) foreign subsidiary, is limited to 65% of the stock of such subsidiary); and • a second-priority security interest in substantially all other tangible and intangible assets, including substantially all of the Company’s owned intellectual property. The ABL Facility includes restrictions on Group’s ability and the ability of certain of its subsidiaries to, among other things, incur or guarantee additional indebtedness, pay dividends (including to the Parent) on, or redeem or repurchase, capital stock, make certain acquisitions or investments, materially change its business, incur or permit to exist certain liens, enter into transactions with affiliates or sell its assets to, or merge or consolidate with or into, another company. In addition, from the time when excess availability under the ABL Facility is less than the greater of (a) 10.0% of the lesser of (1) the commitment amount and (2) the borrowing base and (b) $27.5 million, until the time when Group has excess availability under the ABL Facility equal to or greater than the greater of (a) 10.0% of the lesser of (1) the commitment amount and (2) the borrowing base and (b) $27.5 million for 30 consecutive days, the credit agreement governing the ABL Facility requires Group to maintain a Fixed Charge Coverage Ratio (as defined in the ABL Facility) tested as of the last day of each fiscal quarter, of not less than 1.0 to 1.0. Although Group’s immediate parent is not generally subject to the negative covenants under the ABL Facility, such parent is subject to a holding company covenant that limits its ability to engage in certain activities. The credit agreement governing the ABL Facility additionally contains certain customary representations and warranties, affirmative covenants and provisions relating to events of default, including without limitation, a cross-default according to the terms of any indebtedness with an aggregate principal amount of $35 million or more. If an event of default occurs under the ABL Facility, the lenders may declare all amounts outstanding under the ABL Facility immediately due and payable. In such event, the lenders may exercise any rights and remedies they may have by law or agreement, including the ability to cause all or any part of the collateral securing the ABL Facility to be sold. On February 3, 2018, standby letters of credit were $44.3 million, excess availability, as defined, was $271.4 million, and there were no borrowings outstanding. Average short-term borrowings under the ABL Facility were $9.1 million and $10.2 million in fiscal 2017 and fiscal 2016, respectively. Demand Letter of Credit Facility The Company has an unsecured demand letter of credit facility with HSBC which provides for the issuance of up to $20 million of documentary letters of credit on a no fee basis. On February 3, 2018, outstanding documentary letters of credit were $16.6 million, and availability under this facility was $3.4 million. Term Loan Facility Recent Amendment. On July 13, 2017, concurrently with the settlement of the Exchange Offer, the Company amended its Term Loan Facility to, among other things, (i) increase the interest rate applicable to the loans held by consenting lenders, which represented 88% of lenders, (the “Consenting Lenders”; and the loans held by the Consenting Lenders, the “Amended Loans”) by 22 basis points, (ii) increase the amount of amortization payable to Consenting Lenders, (iii) provide for the New Term Loan Borrowings of $30.0 million, (iv) amend certain covenants and events of default and (v) direct Wilmington Savings Fund Society, FSB, as administrative agent under the Term Loan Facility, to dismiss, with prejudice, certain litigation regarding the Initial Transferred IP (and the related actions). Additionally, the Company repaid $150.5 million of principal amount of term loans outstanding under the Term Loan Facility, which was financed with (i) the net proceeds from the New Money Notes of $94.1 million, (ii) the net proceeds from the New Term Loan Borrowings of $29.4 million and (iii) cash on hand of $27.0 million. Interest Rate. Initial borrowings under the Term Loan Facility bear interest at a rate per annum equal to an applicable margin (which, in the case of the Amended Loans, was increased by 22 basis points) plus, at Group’s option, either (a) a LIBOR determined by reference to the costs of funds for U.S. dollar deposits for the relevant interest period adjusted for certain additional costs (subject to a floor) or (b) a base rate determined by reference to the highest of (1) the prime rate of Bank of America, N.A., (2) the federal funds effective rate plus 0.50% and (3) a LIBOR determined by reference to the costs of funds for U.S. dollar deposits for an interest period of one month, plus 1.00%. New Term Loan Borrowings bear interest at 9% per annum payable in cash plus 3% per annum payable in kind. The weighted average interest rate on the borrowings outstanding under the Term Loan Facility was 5.02% on February 3, 2018. The applicable margin (i) in effect for base rate borrowings was, (x) in the case of term loans, other than the New Term Loan Borrowings and the Amended Loans, 2.00%, (y) in the case of the Amended Loans, 2.22% and (z) in the case of the New Term Loan Borrowings, 12.00% (of which 3.00% is payable in kind) and (ii) with respect to LIBOR borrowings was, (x) in the case of term loans, other than the New Term Loan Borrowings and the Amended Loans, 3.00% and the LIBOR Floor, (y) in the case of the Amended Loans, 3.22% and the LIBOR Floor and (z) in the case of the New Term Loan Borrowings, 12.00% (of which 3.00% is payable in kind), respectively, at February 3, 2018. Principal Repayments. The Company is required to make principal repayments equal to 0.25% of the original principal amount of the Term Loan Facility (excluding the New Term Loan Borrowings), or $3.9 million, on the last business day of January, April, July, and October. The Company is also required (i) to repay the term loan based on an annual calculation of excess cash flow, as defined in the agreement, (ii) in the second quarter of fiscal 2019, to make a principal repayment of $11.9 million which is equal to 1.00% of the aggregate principal amount of Amended Loans outstanding on July 13, 2017 and (iii) beginning on July 31, 2019, on the last business day of January, April, July and October, to make additional principal repayments of $1.5 million equal to 0.125% of the aggregate principal amount of Amended Loans outstanding on July 13, 2017. The maturity date of the Term Loan Facility is March 5, 2021. All obligations under the Term Loan Facility are unconditionally guaranteed by Group’s immediate parent and the subsidiary guarantors (which do not include IPCo, J.Crew Brand, LLC, J.Crew Brand Corp., J.Crew International Brand, LLC and J.Crew Brand Intermediate, LLC, which are designated as unrestricted subsidiaries under the Term Loan Facility) and are secured, subject to certain exceptions, by substantially all of Group’s assets and the assets of Group’s immediate parent and the subsidiary guarantors, including, in each case subject to customary exceptions and exclusions: • a first-priority pledge of all of Group’s capital stock directly held by Group’s immediate parent and a first-priority pledge of all of the capital stock directly held by Group and the subsidiary guarantors (which pledge, in the case of the capital stock of each (a) domestic subsidiary that is directly owned by Group or by any subsidiary guarantor and that is a disregarded entity for United States Federal income tax purposes substantially all of the assets of which consist of equity interests in one or more foreign subsidiaries or (b) foreign subsidiary, is limited to 65% of the stock of such subsidiary); • a first-priority security interest in substantially all of Group’s immediate parent’s, Group’s and the subsidiary guarantor’s other tangible and intangible assets (other than the assets described in the following bullet point), including substantially all of the Company’s real property, and designated deposit accounts containing solely the proceeds of collateral with respect to which the obligations under the Term Loan Facility have a first-priority security interest; and • a second-priority security interest in Current Asset Collateral. The Term Loan Facility includes restrictions on Group’s ability and the ability of Group’s immediate parent and certain of Group’s subsidiaries to, among other things, incur or guarantee additional indebtedness, pay dividends (including to the Parent) on, or redeem or repurchase, capital stock, make certain acquisitions, dispositions or investments, materially change the business of the Company, incur or permit to exist certain liens, enter into transactions with affiliates or sell the Company’s assets to, or merge or consolidate with or into, another company. Beginning with the fiscal quarter ending on or about November 2, 2019, under the Term Loan Facility, the Company is subject to a maximum total leverage ratio tested as of the last day of each fiscal quarter. The credit agreement governing the Term Loan Facility also contains certain customary representations and warranties, affirmative covenants and provisions relating to events of default, including without limitation, a cross-default according to the terms of any indebtedness with an aggregate principal amount of $35 million or more. If an event of default occurs under the Term Loan Facility, the lenders may declare all amounts outstanding under the Term Loan Facility immediately due and payable. In such event, the lenders may exercise any rights and remedies they may have by law or agreement, including the ability to cause all or any part of the collateral securing the Term Loan Facility to be sold. New Notes General. On July 13, 2017, in connection with settlement of the Exchange Offer and the issuance of the New Notes, J.Crew Brand, LLC and J.Crew Brand Corp. (together, the “New Notes Co-Issuers”) and the Guarantors (as defined below) entered into (i) an indenture with U.S. Bank National Association, as Trustee and collateral agent, governing the terms of the Exchange Notes (the “Exchange Notes Indenture”) and (ii) an indenture with the Trustee and U.S. Bank, as collateral agent, governing the terms of the New Money Notes (the “New Money Notes Indenture”), which is in substantially the same form as the Exchange Notes Indenture. Interest Rate. The New Notes bear interest at a rate of 13% per annum, and interest is payable semi-annually on March 15 and September 15 of each year. The New Notes mature on September 15, 2021. New Notes Guarantee. The New Notes are guaranteed by J.Crew Brand Intermediate, LLC, IPCo and J.Crew International Brand, LLC, each of which is a Delaware limited liability company and a wholly-owned indirect subsidiary of the Company (collectively, the “Guarantors,” and each, a “Guarantor”). The PIK Notes Issuer also unconditionally guarantees the payment obligations of the New Notes Co-Issuers and the Guarantors. Exchange Notes Collateral. The Exchange Notes and the guarantees thereof are general senior secured obligations of the New Notes Co-Issuers and the Guarantors, secured on a first priority lien basis by the Initial Transferred IP and certain other assets of the New Notes Co-Issuers and Guarantors, and on a second priority lien basis by the Additional Transferred IP, subject, in each case, to permitted liens under the Exchange Notes Indenture and that certain intercreditor agreement, entered into between the collateral agents on July 13, 2017. New Money Notes Collateral. The New Money Notes and the guarantees thereof are general senior secured obligations of the New Notes Co-Issuers and the Guarantors, secured on a first priority lien basis by the Additional Transferred IP and certain other assets, and on a second priority lien basis by the Initial Transferred IP, subject, in each case, to permitted liens under the New Money Notes Indenture and the intercreditor agreement. Redemption . The New Notes are redeemable at the option of the New Notes Co-Issuers, in whole or in part, at any time, at a price equal to one hundred percent (100%) of the principal amount of the New Notes to be redeemed, plus accrued and unpaid interest, if any, to, but not including, the redemption date, plus a “make whole” premium. The New Notes are not subject to any mandatory redemption obligation, and there is no sinking fund provided for the New Notes. Change in Control . Upon the occurrence of a Change of Control (as defined in each of the indentures, as applicable), the New Notes Co-Issuers will be required to offer to repay all of the New Notes at 100% of the aggregate principal amount repaid plus accrued and unpaid interest, if any, to, but not including, the date of purchase. Covenants. Each of the indentures contains covenants covering (i) the payment of principal and interest, (ii) maintenance of an office or agency for the payment of the New Notes, (iii) reports to the applicable Trustee and holders of the New Notes, (iv) stay, extension and usury laws, (v) payment of taxes, (vi) existence, (vii) maintenance of properties and (viii) maintenance of insurance. Each of the New Indentures also includes covenants that (i) limit the ability to transfer the Collateral and (ii) limit liens that may be imposed on the assets of the Guarantors, which covenants are, in each case, subject to certain exceptions set forth in each of the indentures. Interest Expense A summary of the components of interest expense is as follows: For the Year Ended February 3, 2018 January 28, 2017 January 30, 2016 Term Loan Facility $ 66,137 $ 62,027 $ 62,660 New Notes 24,656 — — Realized hedging losses 10,717 10,472 218 Amortization of deferred financing costs and debt discount 6,128 5,021 5,030 Other, net of interest income of $347, $67 and $180 2,875 1,839 1,893 Interest expense, net $ 110,513 $ 79,359 $ 69,801

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Feb. 03, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	9. Derivative Financial Instruments In August 2014, the Company entered into interest rate cap and swap agreements that limit exposure to interest rate increases on a portion of the Company’s floating rate indebtedness. The interest rate cap agreements covered notional amounts of $400 million and capped LIBOR at 2.00% from March 2015 to March 2016. The interest rate swap agreements cover a notional amount of $800 million from March 2016 to March 2019 and carry a fixed rate of 2.56% plus the applicable margin. The Company designated the interest rate swap agreements as cash flow hedges. As cash flow hedges, unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. The interest rate swap agreements are highly correlated to the changes in interest rates to which the Company is exposed. Unrealized gains and losses on this instrument are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of accumulated other comprehensive loss, while the ineffective portion of such gains or losses is recorded as a component of interest expense. Future realized gains and losses in connection with each required interest payment will be reclassified from accumulated other comprehensive loss to interest expense. The fair values of the interest rate swap agreements are estimated using industry standard valuation models using market-based observable inputs, including interest rate curves (level 2). Liabilities for interest rate swaps, included in other liabilities, were $4.3 million and $18.6 million at February 3, 2018 and January 28, 2017, respectively.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Feb. 03, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	10. Fair Value Measurements The Company uses a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Observable inputs, other than quoted prices included in Level 1, such as quoted prices for markets that are not active; or other inputs that are observable or can be corroborated by observable market data. • Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. Financial assets and liabilities The fair value of the Company’s debt was estimated to be $1,388 million and $878 million at February 3, 2018 and January 28, 2017 based on quoted market prices of the debt (level 1 inputs). The Company completed a refinancing in July 2017. Therefore, these fair value measurements are not comparable. For more information on the refinancing, see note 2. The Company’s interest rate swap agreements are measured in the financial statements at fair value on a recurring basis. See note 9 for more information regarding the fair value of this financial liability. The carrying amounts reported in the consolidated balance sheets for cash and cash equivalents, accounts payable and other current liabilities approximate fair value because of their short-term nature. Non-financial assets and liabilities Certain non-financial assets, including goodwill, the intangible asset for the J.Crew trade name, and certain long-lived assets, have been written down and measured in the financial statements at fair value. The Company does not have any other non-financial assets or liabilities as of February 3, 2018 or January 28, 2017 that are measured on a recurring basis in the financial statements at fair value. The Company assesses the recoverability of goodwill and intangibles whenever there are indicators of impairment, or at least annually in the fourth quarter. If the recorded carrying value of an intangible asset exceeds its fair value, the Company records a charge to write down the intangible asset to its fair value. Impairment charges of goodwill are based on fair value measurements derived using a combination of an income approach, specifically the discounted cash flow, a market approach, and a transaction approach. Impairment charges of intangible assets are based on fair value measurements derived using an income approach, specifically relief from royalty method; a revenue and royalty rate approach. The valuation methodologies incorporate unobservable inputs reflecting significant estimates and assumptions made by management (level 3 inputs). For more information related to goodwill and intangible asset impairment charges, see note 4. The Company performs impairment tests of certain long-lived assets whenever there are indicators of impairment. These tests typically contemplate assets at a store level (for example, leasehold improvements) or at the corporate level (for example, software). The Company recognizes an impairment loss when the carrying value of a long-lived asset is not recoverable in light of the undiscounted future cash flows and measures an impairment loss as the difference between the carrying amount and fair value of the asset based on discounted future cash flows. The Company has determined that the future cash flow approach (level 3 inputs) provides the most relevant and reliable means by which to determine fair value in this circumstance. A summary of the impact of the impairment of certain long-lived assets on financial condition and results of operations is as follows: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Carrying value of long-term assets written down to fair value $ 11,387 $ 7,752 $ 4,522 Impairment charge $ 11,387 $ 7,752 $ 4,522

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Feb. 03, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Operating Leases As of February 3, 2018, the Company was obligated under various long-term operating leases, which require minimum annual rent for retail and factory stores, office space and equipment. These operating leases expire on varying dates through 2028. A summary of aggregate minimum rent at February 3, 2018 is as follows: Fiscal year Amount 2018 $ 178,436 2019 $ 151,689 2020 $ 135,447 2021 $ 125,134 2022 $ 106,669 Thereafter $ 168,537 Certain of these leases include renewal options and escalation clauses and provide for contingent rent based upon sales and require the lessee to pay taxes, insurance and other occupancy costs. Rent expense was $194,097 in fiscal 2017, $186,960 in fiscal 2016, and $185,866 in fiscal 2015 (including contingent rent, based on store sales, of $4,437, $3,977, and $4,510, respectively). Employment Agreements The Company is party to employment agreements with certain executives, which provide for compensation and certain other benefits. The agreements also provide for severance payments under certain circumstances. Litigation The Company is subject to various legal proceedings and claims arising in the ordinary course of business. Management does not expect that the results of any of these legal proceedings, either individually or in the aggregate, would have a material effect on the Company’s financial position, results of operations or cash flows. As of February 3, 2018, the Company has recorded a reserve for certain legal contingencies in connection with ongoing claims and litigation. The reserve is not material to its results of operations. In addition, there are certain other claims and legal proceedings pending against the Company for which accruals have not been established. J.Crew Group, Inc., et al. v. Wilmington Savings Fund Society, FSB, as Administrative Agent and Collateral Agent, Index No. 650574/2017, (Sup. Ct. N.Y. C’ty.). On February 1, 2017, the Company filed a complaint in the New York State Supreme Court, Commercial Division, against Wilmington Savings Fund Society, FSB (“WSFS”), as successor agent under the Term Loan Facility seeking a declaration that its actions with respect to certain intellectual property assets were in full compliance with the terms of the Term Loan Facility. On March 24, 2017, WSFS filed its counterclaims in response to the Company’s declaratory judgment action, On July 17, 2017, pursuant to the terms of the July 13, 2017 Amendment to the Term Loan Facility (as described elsewhere herein), and a related direction letter issued to WSFS by the Required Lenders under the Term Loan Facility, the Company and WSFS entered into mutual releases, and filed a joint stipulation of discontinuance, dismissing the action and resolving the matter. Eaton Vance Management, et al. v. Wilmington Savings Fund Society, FSB, as Administrative Agent and Collateral Agent, et al., Index No. 654397/2017, (Sup. Ct. N.Y. C’ty.). On June 22, 2017, Eaton Vance Management and certain affiliated funds as well as Highland Capital Management and certain affiliated funds (collectively, the “Highland/EV Plaintiffs”), filed a complaint in the New York State Supreme Court, Commercial Division, against the Company and WSFS, seeking, among other things, declarations that the July 13, 2017 Amendment to the Term Loan Facility was ineffective absent unanimous consent of all Lenders under the facility, that certain of the Company’s actions with respect to certain of its intellectual property assets were taken in violation of the terms of the Term Loan Facility, and that those actions also constitute fraudulent conveyances. On August 7, 2017, WSFS and the Company filed separate motions to dismiss certain of the Highland/EV Plaintiffs claims for failure to state a claim and lack of standing, among other reasons. On September 7, 2017, the Highland/EV Plaintiffs filed an amended complaint in the New York State Supreme Court, Commercial Division, against the Company and WSFS. The amended complaint continues to assert claims for breach of the terms of the Term Loan Facility, and for fraudulent conveyance and adds an additional claim for fraudulent inducement against the Company. The Company believes that the Highland/EV Plaintiffs’ claims asserted in the amended complaint are wholly without merit, and intends to vigorously oppose these claims. In response to the amended complaint, WSFS and the Company withdrew their prior motions to dismiss and, on October 20, 2017, filed renewed motions seeking dismissal in whole or part. Among other things, the Company seeks dismissal of the amended complaint for failure to state a claim, lack of standing, and because its fraud claims are duplicative of the Highland/EV Plaintiffs’ claims under the documents governing the Term Loan Facility. The Highland/EV Plaintiffs filed an omnibus brief on December 1, 2017 opposing the motions to dismiss. The Company and WSFS each filed reply briefs on December 22, 2017 reiterating that the majority of the Highland/EV Plaintiffs’ claims should be dismissed as a matter of law. Oral argument on the motions to dismiss occurred on March 8, 2018. After hearing argument from all parties, the judge reserved decision and announced that she would be issuing a written opinion at a later date.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Feb. 03, 2018
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plan	12. Employee Benefit Plan The Company has a 401(K) Savings Plan pursuant to Section 401 of the Internal Revenue Code whereby all eligible associates may contribute up to 25% of their annual base salaries subject to certain limitations. The Company’s contribution is based on a percentage formula set forth in the plan agreement. Company contributions to the 401(K) Savings Plan were $5,228 in fiscal 2017, $5,730 in fiscal 2016, and $5,720 in fiscal 2015.

Other Revenues

Other Revenues	12 Months Ended
	Feb. 03, 2018
Disclosure Other Revenues [Abstract]
Other Revenues	13. Other Revenues A summary of the components of other revenues is as follows: For the Year Ended February 3, 2018(a) For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Revenues from third-party resellers $ 62,092 $ 29,107 $ 24,088 Shipping and handling fees 33,477 31,525 29,508 Other 4,359 5,208 4,539 Total $ 99,928 $ 65,840 $ 58,135 (a) Consists of 53 weeks.

Income Taxes

Income Taxes	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Income Taxes	14. Income Taxes Overview A summary of the components of the benefit for income taxes is as follows: (Dollars in millions) For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Current: Federal $ 17.7 $ (3.8 ) $ (1.2 ) State and local 0.1 1.8 5.1 Foreign — (0.2 ) — 17.8 (2.2 ) 3.9 Deferred: Federal (103.7 ) (10.5 ) (127.4 ) State and local (19.6 ) 5.4 (23.8 ) Foreign — — — (123.3 ) (5.1 ) (151.2 ) Benefit for income taxes recorded on the consolidated statement of operations (105.5 ) (7.3 ) (147.3 ) Income taxes charged (credited) to shareholders’ equity (deficit): Deferred income taxes (benefit) arising from the change in financial instrument liability credited to OCI 6.7 4.4 (4.4 ) Total benefit for income taxes $ (98.8 ) $ (2.9 ) $ (151.7 ) Tax reform On December 22, 2017, H.R.1, or the Tax Cuts and Jobs Act (the “Act” or “Tax Reform”) was signed into law. The Act reduced the corporate federal tax rate from 35% to 21% effective January 1, 2018. The Company calculated its provision for current federal income tax in fiscal 2017 using a rate of 33.7%, which reflects a blend of (i) the former federal tax rate of 35% and (ii) the new federal tax rate of 21%. The federal tax rate of 21% will be fully effective in fiscal 2018. As a result of the new federal tax rate, the Company remeasured its deferred tax assets and liabilities, primarily through income tax expense, using the enacted rate which the Company expects to be in effect when temporary differences reverse. The remeasurement of net deferred tax liabilities resulted in the recognition of a benefit for income taxes of $18.5 million. Among its many provisions, the Act imposed a mandatory one-time transition tax on undistributed foreign earnings. As of December 22, 2017, the Company was able to determine a reasonable estimate of the transition tax related to its unremitted foreign earnings. The Company recorded a charge of $1.4 million to provide for federal taxes on undistributed foreign earnings of $9 million. Additionally, the Company reversed its liability for uncertain tax positions associated with undistributed foreign earnings and recognized a benefit of $1.4 million. Accounting for taxes With respect to the Company’s Parent Group is included in the consolidated federal income tax return of its Parent, which includes all of its wholly owned subsidiaries. Pursuant to its tax sharing policy, Group calculates its tax liabilities on a standalone basis, and the financial statements of the Company account for income taxes at the Group level. The federal tax return, however, is filed at the Parent level. The difference between the entity at which the provision is calculated and the entity which files the tax return gives rise to intercompany balances. For more information on the intercompany balances, see note 16. With respect to the Company’s subsidiaries Each subsidiary of Group files separate, or combined where required, state tax returns in required jurisdictions. Group and its subsidiaries have entered into a tax sharing agreement providing that each of the subsidiaries will reimburse Group for its share of income taxes based on the proportion of such subsidiaries’ tax liability on a separate return basis to the total tax liability of Group. With respect to Tax Reform In December 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118, which provided guidance to registrants with respect to the accounting for the Tax Reform when it does not have the necessary information available, prepared or analyzed in reasonable detail to complete its accounting for the effect of changes in the Act. The amounts the Company recorded as a result of Tax Reform are preliminary, and the final amounts may differ from preliminary amounts recorded due to a number of factors such as (i) changes in estimates, interpretations and assumptions of the Company, (ii) changes in interpretations, issuance of new guidance, and legislative actions of the IRS, (iii) changes in accounting standards or related interpretations by standard setters, and (iv) future actions by states within the United States that have not currently adopted the Act. As the Company finalizes its accounting for the Tax Reform, results of operations may be impacted. Reconciliation of rates A reconciliation between the effective tax and the U.S. federal statutory income tax rate is as follows: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Federal income tax rate 33.7 % 35.0 % 35.0 % Change in tax rate 8.0 — — State and local income taxes, net of federal benefit 4.4 (4.0 ) 0.9 Foreign rate differential 2.1 19.5 0.6 Income tax credits 0.5 3.7 — Goodwill impairment — — (25.6 ) Uncertain tax positions (0.2 ) (7.1 ) (0.3 ) Valuation allowances (1.8 ) (26.7 ) (0.4 ) Other (0.9 ) 3.3 0.4 Effective tax rate 45.8 % 23.7 % 10.6 % Deferred taxes A summary of the tax effect of temporary differences which give rise to deferred tax assets and liabilities is as follows: (Dollars in millions) February 3, 2018 January 28, 2017 Deferred tax assets: Rent $ 28.5 $ 35.4 Foreign net operating losses 18.2 13.2 Customer liabilities 9.3 13.4 Transaction costs 8.9 7.4 Share-based payments 8.3 11.3 Accrued bonus 7.0 — Charitable contribution carryforward 6.9 9.4 State taxes and interest 3.8 5.5 Sales returns 2.8 4.3 State net operating losses 1.1 1.6 Financial instruments 1.0 8.0 Tax credit carryforward — 1.1 Other 2.1 3.7 97.9 114.3 Less: Valuation allowance (25.0 ) (20.3 ) Deferred tax assets, net of valuation allowance 72.9 94.0 Deferred tax liabilities: Intangible assets (80.6 ) (170.8 ) Difference in book and tax basis for property and equipment (11.8 ) (55.2 ) Prepaid catalog and other prepaid expenses (10.0 ) (16.2 ) Deferred tax liabilities (102.4 ) (242.2 ) Net deferred income tax liability $ (29.5 ) $ (148.2 ) Valuation allowance The Company regularly assesses the need for a valuation allowance related to its deferred tax assets. In making that assessment, the Company considers both positive and negative evidence related to the likelihood of realization of the deferred tax assets to determine, based on a weighing process of available evidence, whether it is more-likely-than-not that its deferred tax assets will not be realized. Prior to the Act, in fiscal 2016, the Company determined that negative evidence outweighed the positive evidence and recorded a valuation allowance related to it deferred tax asset balance. Tax Reform, however, had a significant effect on the available evidence in the Company’s assessment of its deferred tax assets. The Act will substantially reduce the Company’s ability to deduct interest expense in fiscal 2018 and beyond. The inability to use interest deductions either in a current year, or carried forward to future years, has increased the Company’s projections of future taxable income, thereby changing the Company’s assessment of the likelihood of the realizing deferred tax assets at February 3, 2018. Therefore, the Company recorded a benefit of $1.1 million to reverse the valuation allowance recorded against temporary differences deductible at the federal level, or in states that adopted the Act. After the reversal, the remaining balance of the valuation allowance is $25.0 million, which reflects (i) a full valuation allowance of $21.5 million against its foreign deferred tax assets, primarily a result of carry forwards of net operating losses and (ii) a reserve of $3.5 million for temporary differences deductible in certain states that did not adopt the Act, and therefore interest expense currently remains fully deductible in those jurisdictions. The future limitation on interest deductions will generate a significant carry forward of unutilized interest deductions. The Company will assess the need for a valuation allowance related to the deferred tax assets recognized as a result of the carry forward. If projected taxable income is not sufficient to absorb the interest deductions carried forward, a valuation allowance may be recorded as early as in the first quarter of fiscal 2018. Foreign earnings The Company recorded a charge of $1.4 million to provide for a mandatory one-time transition tax on undistributed foreign earnings of $9 million. As of December 31, 2017, cash, cash equivalents and short-term investments held outside of the United States in our international subsidiaries was $27.3 million. The Act imposes a tax on future earnings of our international subsidiaries. Since taxes have been provided on cumulative historical international earnings, and will be paid on future international earnings, the Company may repatriate current cash held by our international subsidiaries with no additional tax liabilities. Uncertain tax positions As of February 3, 2018, the Company has $25.9 million in liabilities associated with uncertain tax positions (including interest and penalties of $4.1 million) reflected in other liabilities. The amount, if recognized, that would affect the effective tax rate is $19.2 million. While the Company expects the amount of unrecognized tax benefits to change in the next 12 months, the change is not expected to have a significant effect on the estimated effective annual tax rate, financial position, results of operations or cash flows. However, the outcome of tax matters is uncertain and unforeseen results can occur. A roll-forward of unrecognized tax benefits is as follows: (Dollars in millions) For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 Balance at beginning of period $ 26.0 $ 23.4 Additions for tax positions taken during current year 4.6 5.2 Additions for tax positions taken during prior years 0.4 — Reductions for tax positions taken during prior years (1.4 ) (0.4 ) Settlements (0.4 ) (0.2 ) Expirations of statutes of limitations (3.9 ) (2.0 ) Balance at end of period $ 25.3 $ 26.0 The federal tax returns for the periods ended January 2013 through January 2016 are currently under examination. Various state and local jurisdiction tax authorities are in the process of examining income tax returns or hearing appeals for certain tax years ranging from 2009 to 2016. The results of these audits and appeals are not expected to have a significant effect on the results of operations or financial position. As of February 3, 2018, the Company has state and local net operating loss carryovers, net of unrecognized tax benefits, of approximately $17.6 million. These carryovers are available to offset future taxable income for state and local tax purposes and expire primarily in November 2031.

Workforce Reductions

Workforce Reductions	12 Months Ended
	Feb. 03, 2018
Workforce Reduction Disclosure [Abstract]
Workforce Reductions	15. Workforce Reductions On April 25, 2017, the Company eliminated approximately 150 full-time and 100 open positions, as part of a strategic reorganization. In fiscal 2017, the Company closed 51 stores. A rollforward of the reserve for severance and related costs is as follows: Severance & Related Costs Balance at January 28, 2017 $ — Provisions charged to expense 12,242 Reversals(1) (411 ) Payments (8,288 ) Balance at February 3, 2018 $ 3,543 (1) The Company expects the unpaid severance at February 3, 2018 to be paid through the fourth quarter of fiscal 2018.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Feb. 03, 2018
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions Madewell Trademark On October 20, 2005, the Company, Millard Drexler, Chairman of the Board and Millard S. Drexler, Inc. entered into a Trademark License Agreement whereby Mr. Drexler granted the Company a thirty-year exclusive, worldwide license to use the Madewell trademark and associated intellectual property rights owned by him (the “Properties”). In consideration for the license, the Company reimbursed Mr. Drexler’s actual costs expended in acquiring and developing the Properties (which amounted to $242,300) and agreed to pay royalties of $1 per year during the term of the license. In January 2007, the Company provided notice to Mr. Drexler that the Company had met certain conditions outlined in the agreement, and Mr. Drexler assigned to the Company all of his residual rights in the Properties. The Company also agreed that it would not assign or spin off ownership of the Properties during the term of Mr. Drexler’s employment without his consent other than as part of a sale of the entire Company (except that the Company may pledge or hypothecate its interest in the Properties as part of a bank or other financings). Intellectual property license agreement In October 2016, the Company formed wholly-owned indirect subsidiaries, including IPCo and J.Crew Brand, LLC (collectively, “J.Crew BrandCo”). In December 2016, J.Crew International, Inc. (“JCI”) transferred an undivided 72.04% ownership interest in the U.S. intellectual property rights of the J.Crew brand to IPCo, and entered into a related intellectual property license agreement with IPCo. In July 2017, JCI transferred the remaining undivided 27.96% ownership interest in the U.S. intellectual property rights of the J.Crew brand to IPCo, which, together with the initial intellectual property contributed in December 2016, represent 100% of the U.S. intellectual property rights of the J.Crew brand, and entered into an additional intellectual property license agreement with IPCo (together with the agreement entered into in December 2016, the “IP License Agreements”). Under the IP License Agreements, J.Crew Operating Corp., a direct wholly-owned subsidiary of the Company, pays a fixed license fee of $59 million per annum. The license fees are payable on March 1 and September 1 of each fiscal year. These royalty payments have no impact on the Company’s consolidated results of operations and are not subject to the covenants under the Company’s credit facilities or the PIK Notes. The proceeds from the license fees to J.Crew BrandCo are used to meet debt service requirements on the $347 million aggregate principal outstanding under the New Notes, which bear interest at a rate of 13% per annum, payable semi-annually on March 15 and September 15 of each fiscal year. License fees in excess of the debt service requirements will be loaned back to the Company on a subordinated basis. As of February 3, 2018, J.Crew BrandCo had total assets of $275.1 million, consisting of intangible assets of $250.2 million, license fee receivable of $24.6 million and cash and cash equivalents of $0.3 million, and total liabilities of $356.1 million related to the New Notes. For the year ended February 3, 2018, J.Crew BrandCo earned royalty revenue of $58.2 million. The New Notes are guaranteed by the intangible assets of J.Crew BrandCo. Chinos Intermediate Holdings A, Inc. Senior PIK Toggle Note On November 4, 2013, the PIK Notes Issuer, which is an indirect parent holding company of Group, issued $500 million of PIK Notes. The PIK Notes were: (i) senior unsecured obligations of the PIK Notes Issuer, (ii) structurally subordinated to all of the liabilities of the PIK Notes Issuers’ subsidiaries, and (iii) not guaranteed by any of the PIK Notes Issuers’ subsidiaries, and therefore are not recorded in the Company’s financial statements. As part of the refinancing in The PIK Notes were not guaranteed by any of the PIK Notes Issuer’s subsidiaries, and therefore were not recorded in the Company’s financial statements. The Exchange Notes, however, are guaranteed by the Company’s subsidiaries, and therefore are recorded in its financial statements. In connection with recognizing the Exchange Notes, the Company recorded a non-cash contribution to its Parent as a reduction of additional paid-in capital. For more information on the long-term debt of the Company, see note 8. Due to Sponsors As part of the debt refinancing, the Sponsors purchased $30.0 million principal amount of new term loans under the Term Loan Facility. For more information on the New Term Loan Borrowings, see note 8. Due to Parent Certain transactions, primarily related to income taxes, between Group and its Parent give rise to intercompany receivables and payables. A summary of the components of Due to Parent is as follows: February 3, 2018 January 28, 2017 Income taxes payable to Parent $ (49,888 ) $ (33,462 ) Monitoring fees payable (1,446 ) — Payment of certain transaction costs on behalf of Parent 13,124 — Due to Parent $ (38,210 ) $ (33,462 )

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Feb. 03, 2018
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	17. Recent Accounting Pronouncements In May 2014, a pronouncement was issued that clarified the principles of revenue recognition, which standardizes a comprehensive model for recognizing revenue arising from contracts with customers. The pronouncement is effective for fiscal years beginning after December 15, 2017. The standard may be applied retrospectively to each prior period presented or on a modified retrospective basis with the cumulative effect recognized as of the date of adoption. The Company expects the following impacts as a result of the adoption of the new standard: • Change in the timing of recognition of breakage income associated with its loyalty program; • Change in the timing of recognition of expenses related to direct-response advertising costs; • Change in the presentation of the allowance for sales returns to recognize the reserve on a gross basis in the consolidated financial statements, including recording a current asset related to its right to recover products for its sales returns, with an offsetting increase to its liability for returns; and • Change in the presentation of income from its private label credit card to other revenues. The Company has substantially completed its evaluation of the effect of the new standard and do not expect these changes to have a material impact on its consolidated financial statements. However, the Company expects to provide additional disclosures as required under the new standard. The Company plans to adopt this standard in the first quarter of fiscal 2018 using the retrospective approach, which will result in the restatement of all prior periods presented. In February 2016, a pronouncement was issued that requires lessees to recognize assets and liabilities in the amount of the present value of future lease payments for leases with terms of more than 12 months. The pronouncement is effective for fiscal years beginning after December 15, 2018. The Company is currently evaluating the impact of the new pronouncement on its consolidated financial statements. However, the adoption is expected to have a material impact on its balance sheet. As a point of reference, as of February 3, 2018, the Company has committed to future minimum lease payments through 2028 of approximately $900 million, on an undiscounted basis. However, minimum lease payments will change through the date of adoption due to a number of factors including the opening, closing, renewing, and renegotiating of store and corporate leases. In August 2016, a pronouncement was issued that aims to reduce the diversity in presentation and classification of the following specific cash flow issues: debt prepayment, settlement of zero-coupon bonds, contingent consideration, insurance proceeds, distributions received from equity method investees, beneficial interest in securitization transactions and separately identifiable cash flows. The pronouncement is effective for fiscal years beginning after December 15, 2017. The Company does not expect there to be a significant impact on its consolidated statements of cash flows. In January 2017, a pronouncement was issued that simplifies the measurement of goodwill impairment by no longer requiring an entity to perform a hypothetical purchase price allocation. Instead, impairment will be measured using the difference between the carrying amount and the fair value of the reporting unit. The pronouncement is effective for annual and interim periods in fiscal years beginning after December 15, 2019. The Company does not expect there to be a significant impact on its consolidated financial statements. In August 2017, a pronouncement was issued that simplifies the application of hedge accounting guidance and more closely aligns risk management activities and financial reporting. The pronouncement is effective for annual and interim periods in fiscal years beginning after December 15, 2018. The Company is currently evaluating the impact of the new pronouncement on its consolidated financial statements. In February 2018, a pronouncement was issued that will permit entities to reclassify tax effects stranded in accumulated other comprehensive income, as a result of tax reform, to retained earnings. The pronouncement is effective for annual and interim periods in fiscal years beginning after December 15, 2018. The Company is currently evaluating the impact of the new pronouncement on its consolidated financial statements and plans to adopt in the first quarter of fiscal 2018.

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	18. Quarterly Financial Information (Unaudited) A summary of quarterly financial results for fiscal 2017 and fiscal 2016 is as follows: (in thousands) First Quarter Second Quarter Third Quarter Fourth Quarter Fiscal 2017(1) Total revenues $ 531,966 $ 560,906 $ 566,654 $ 710,592 Gross profit 188,237 216,632 227,226 260,080 Net income (loss)(2) $ (123,295 ) $ (20,654 ) $ (17,627 ) $ 36,617 Fiscal 2016 Total revenues $ 567,499 $ 569,820 $ 593,155 $ 694,988 Gross profit 204,954 203,199 225,856 241,268 Net income (loss) $ (8,041 ) $ (8,627 ) $ (7,900 ) $ 1,054 (1) Consists of 53 weeks. (2) Reflects the impact of a significant non-cash impairment loss recorded in the first quarter of fiscal 2017.

SCHEDULE II VALUATION AND QUALI

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Feb. 03, 2018
Valuation And Qualifying Accounts [Abstract]
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS Beginning Charged to Charged to Deductions(a) Ending (in thousands) Inventory reserve (deducted from merchandise inventories, net) Year ended February 3, 2018 $ 9,218 $ — $ — $ 2,953 $ 6,265 Year ended January 28, 2017 8,322 896 — — 9,218 Year ended January 30, 2016 7,871 451 — — 8,322 Allowance for sales returns (included in other current liabilities) Year ended February 3, 2018 $ 11,157 $ — $ — $ 555 $ 10,602 Year ended January 28, 2017 10,731 426 — — 11,157 Year ended January 30, 2016 12,158 — — 1,427 10,731 (a) The inventory reserve and allowance for sales returns are evaluated at the end of each fiscal quarter and adjusted (increased or decreased) based on the quarterly evaluation. During each period, inventory write-downs and sales returns are charged to the statement of operations as incurred.

Nature of Business and Summar27

Nature of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Feb. 03, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	(a) Basis of Presentation J.Crew Group, Inc. and its wholly owned subsidiaries (the “Company” or “Group”) was acquired (the “Acquisition”) on March 7, 2011 through a merger with a subsidiary of Chinos Holdings, Inc. (the “Parent”). The Parent was formed by investment funds affiliated with TPG Capital, L.P. (“TPG”) and Leonard Green & Partners, L.P. (“LGP” and together with TPG, the “Sponsors”). Subsequent to the Acquisition, Group became an indirect, wholly owned subsidiary of Parent, which is owned by affiliates of the Sponsors, investors and members of management. Prior to March 7, 2011, the Company operated as a public company with its common stock traded on the New York Stock Exchange. All significant intercompany balances and transactions within Group are eliminated in consolidation.
Business	(b) Business The Company designs, contracts for the manufacture of, markets and sells women’s, men’s and children’s apparel, shoes and accessories under the J.Crew and Madewell brand names. The Company’s products are marketed primarily in the United States, Canada, the United Kingdom and Hong Kong through its retail and factory stores, its websites and select third-party resellers. The Company is subject to seasonal fluctuations in its merchandise sales and results of operations. The Company expects its revenues generally to be lower in the first and second quarters than in the third and fourth quarters (which includes the holiday season) of each fiscal year. A significant amount of the Company’s products are produced in Asia through arrangements with independent contractors. As a result, the Company’s operations could be adversely affected by political instability resulting in the disruption of trade from the countries in which these contractors are located or by the imposition of additional duties or regulations relating to imports or by the contractor’s inability to meet the Company’s production requirements.
Fiscal Year	(c) Fiscal Year The Company’s fiscal year ends on the Saturday closest to January 31. The fiscal years 2017, 2016, and 2015 ended on February 3, 2018, January 28, 2017, and January 30, 2016, respectively. Fiscal year 2017 consisted of 53 weeks and fiscal years 2016 and 2015 each consisted of 52 weeks.
Use of Estimates in the Preparation of Financial Statements	(d) Use of Estimates in the Preparation of Financial Statements Management is required to make estimates and assumptions about future events in preparing financial statements in conformity with generally accepted accounting principles (“GAAP”). These estimates and assumptions affect the amounts of assets, liabilities, revenues and expenses at the date of the consolidated financial statements. While management believes that past estimates and assumptions have been materially accurate, current estimates are subject to change if different assumptions as to the outcome of future events are made. Management evaluates estimates and judgments on an ongoing basis and predicates those estimates and judgments on historical experience and on reasonable factors. Since future events and their effects cannot be determined with absolute certainty, actual results may differ from the estimates used in preparing the accompanying consolidated financial statements.
Revenue Recognition	(e) Revenue Recognition Revenue is recognized at the point of sale in the stores and at an estimated date of receipt by a customer in the e-commerce business. Prices for all merchandise are listed in the Company’s websites are confirmed with the customer upon order. The customer has no cancellation privileges other than customary rights of return. In the wholesale business, revenue is recognized at the time ownership is transferred to a third-party reseller. The Company accrues a sales return allowance for estimated returns of merchandise that will occur subsequent to the balance sheet date, but relate to sales prior to the balance sheet date. The Company presents taxes collected from customers and remitted to governmental authorities on a net basis on the consolidated statements of operations and comprehensive loss. A liability is recognized at the time a gift card is sold, and revenue is recognized at the time the gift card is redeemed for merchandise. Revenue is deferred and a liability is recognized for gift cards issued in connection with the Company’s customer loyalty program. Any unredeemed loyalty gift cards are recognized as income in the period in which they expire. Amounts billed to customers for shipping and handling fees are recorded in other revenues. Other revenues also include (i) revenues from third-party resellers, which amounted to $62,092 in fiscal 2017, $29,107 in fiscal 2016, and $24,088 in fiscal 2015, and (ii) income from unredeemed gift cards, estimated based on Company specific historical trends, which amounted to $4,359 in fiscal 2017, $5,208 in fiscal 2016, and $4,539 in fiscal 2015.
Merchandise Inventories, net	(f) Merchandise Inventories, net Merchandise inventories, net are stated at the lower of average cost or net realizable value. The Company capitalizes certain design, purchasing and warehousing costs in inventory and these costs are included in cost of goods sold as the inventories are sold.
Advertising and Catalog Costs	(g) Advertising and Catalog Costs Direct response advertising, which consists primarily of catalog production and mailing costs, are capitalized and amortized over the expected future revenue stream. Amortization of capitalized advertising costs is computed using the ratio of current period revenues for the catalog cost pool to the total of current and estimated future period revenues for that catalog cost pool. The capitalized costs of direct response advertising are amortized, commencing with the date catalogs are mailed, over the duration of the expected revenue stream, which is approximately two months. Deferred catalog costs, included in prepaid expenses and other current assets, as of February 3, 2018 and January 28, 2017 were $2,943 and $4,789, respectively. Catalog costs, which are reflected in selling, general and administrative expenses, were $28,797 in fiscal 2017, $41,268 in fiscal 2016, and $48,533 in fiscal 2015. All other advertising costs, which are expensed as incurred, were $74,924 in fiscal 2017, $63,427 in fiscal 2016, and $71,095 in fiscal 2015.
Lease-Related Deferred Credits	(h) Lease-Related Deferred Credits Rental payments under operating leases are charged to expense on a straight-line basis after consideration of rent holidays, step rent provisions and escalation clauses. Differences between rental expense, which is recognized from the date of possession, and actual rental payments are recorded as deferred rent and included in deferred credits. The Company receives construction allowances upon entering into certain store leases. These construction allowances are recorded as deferred credits and are amortized as a reduction of rent expense over the term of the related lease. Deferred construction allowances were $70,390 and $83,028 at February 3, 2018 and January 28, 2017, respectively. Additionally, in connection with the Acquisition, the Company recorded liabilities for unfavorable lease commitments, which are amortized on a straight-line basis over the remaining lease life, which aggregated to $1,728 and $4,733 at February 3, 2018 and January 28, 2017, respectively.
Share-Based Compensation	(i) The fair value of time-based employee awards is recognized as compensation expense on a straight line basis over the requisite service period of the award. The fair value of restricted stock, which vests when specified levels of profitability as measured by the Company are met, will not be recognized until such event is deemed probable. Determining the fair value of options at the grant date requires judgment, including estimating the expected term that stock options will be outstanding prior to exercise, the associated volatility and the expected dividend yield. Upon grant of awards, the Company also estimates an amount of forfeitures that will occur prior to vesting. See note 5 for more information regarding share-based awards.
Property and Equipment	(j) Property and Equipment Property and equipment are stated at cost and are depreciated over the estimated useful lives using the straight-line method. Buildings and improvements are depreciated over estimated useful lives of twenty years. Furniture, fixtures and equipment are depreciated over estimated useful lives, ranging from three to ten years. Leasehold improvements are depreciated over the shorter of their useful lives or related lease terms (without consideration of optional renewal periods). The Company capitalizes certain costs (included in fixtures and equipment) related to the acquisition and development of software and amortizes these costs using the straight line method over the estimated useful life of the software, which is three to five years. Certain development costs not meeting the criteria for capitalization are expensed as incurred.
Impairment of Long-Lived Assets	(k) Impairment of Long-Lived Assets The Company reviews long-lived assets and certain identifiable intangibles for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company assesses the recoverability of such assets based upon estimated cash flow forecasts. Charges for impairment of long-lived assets were $11,387 in fiscal 2017, $7,752 in fiscal 2016 and $4,522 in fiscal 2015. See notes 4 and 10 for more information regarding impairment of long-lived assets.
Income Taxes	(l) Income Taxes The Company accounts for income taxes using an asset and liability method. Deferred tax assets and deferred tax liabilities are recognized based on the difference between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred taxes are measured using current enacted tax rates in effect in the years in which those temporary differences are expected to reverse. The provision for income taxes includes taxes currently payable and deferred taxes resulting from the tax effects of temporary differences between the financial statement and tax bases of assets and liabilities. The Company maintains valuation allowances where it is more likely than not that all or a portion of a deferred tax asset will not be realized. Changes in the valuation allowances are included in the Company’s tax provision in the period of change. In determining whether a valuation allowance is warranted, the Company evaluates factors such as prior earnings history, expected future earnings, carry-back and carry-forward periods and tax strategies that could potentially enhance the likelihood of the realization of a deferred tax asset. With respect to uncertain tax positions taken or expected to be taken on a tax return, the Company recognizes in its financial statements the impact of tax positions that meet a “more likely than not” threshold, based on the technical merits of the position. The tax benefits recognized from uncertain positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon effective settlement. The Company recognizes interest expense and income related to income taxes as a component of interest expense, and penalties as a component of selling, general and administrative expenses.
Segment Information	(m) Segment Information The Company has two operating segments, J.Crew and Madewell, which are aggregated into one reportable segment. The Company’s identifiable assets are located primarily in the United States. Export sales are not material.
Cash and Cash Equivalents	(n) Cash and Cash Equivalents The Company considers all highly liquid marketable securities, with maturities of 90 days or less when purchased, to be cash equivalents. Cash equivalents, which were $65,667 and $96,450 at February 3, 2018 and January 28, 2017, respectively, are stated at cost, which approximates fair market value.
Operating Expenses	(o) Operating Expenses Cost of goods sold (including buying and occupancy costs) includes the direct cost of purchased merchandise, freight, design, buying and production costs, occupancy costs related to store operations, and all shipping and handling and delivery costs. Selling, general and administrative expenses include all operating expenses not included in cost of goods sold, primarily administrative payroll, store expenses other than occupancy costs, depreciation and amortization, catalog production and mailing costs, certain warehousing expenses (aggregating to $42,350 in fiscal 2017, $40,841 in fiscal 2016 and $44,164 in fiscal 2015) and credit card fees.
Deferred Financing Costs	(p) Deferred Financing Costs Deferred financing costs are amortized over the term of the related debt agreements. The amortization is included in interest expense, net.
Goodwill and Intangible Assets	(q) Goodwill and Intangible Assets The Acquisition of the Company was accounted for as a purchase business combination, whereby the purchase price paid was allocated to recognize the acquired assets and liabilities at fair value. In connection with the purchase price allocation, intangible assets were established for the J.Crew and Madewell trade names, loyalty program, customer lists and favorable lease commitments. The purchase price in excess of the fair value of assets and liabilities was recorded as goodwill, which consists primarily of intangible assets related to the knowhow, design and merchandising abilities that do not qualify for separate recognition. Indefinite-lived intangible assets, such as the J.Crew trade name and goodwill, are not subject to amortization. The Company assesses the recoverability of indefinite-lived intangibles whenever there are indicators of impairment, or at least annually in the fourth quarter. If the recorded carrying value of an intangible asset exceeds its estimated fair value, the Company records a charge to write the intangible asset down to its fair value. Definite-lived intangibles, such as the Madewell trade name and favorable lease commitments, are amortized on a straight line basis over their useful life or remaining lease term. See note 4 for more information regarding goodwill and intangible assets of the Company. The Company assesses the recoverability of goodwill at the reporting unit level, which consists of its operating segments, J.Crew and Madewell, of which only Madewell has goodwill. In this assessment, the Company first compares the estimated enterprise fair value of the Madewell reporting unit to its recorded carrying value. The Company estimates the enterprise fair value based on a combination of an income approach, specifically the discounted cash flow, a market approach, and a transaction approach. If the recorded carrying value of the Madewell reporting unit exceeds its estimated enterprise fair value in the first step, a second step is performed in which the Company allocates the enterprise fair value to the fair value of the Madewell’s net assets. The second step of the impairment testing process requires, among other things, estimates of fair values of substantially all of the Company’s tangible and intangible assets. Any enterprise fair value in excess of amounts allocated to such net assets represents the implied fair value of goodwill for Madewell. If the recorded goodwill balance for Madewell exceeds the implied fair value of goodwill, an impairment charge is recorded to write goodwill down to its fair value. See note 4 for more information regarding impairment of goodwill and intangible assets.
Dividends	(r) Dividends Dividends are recorded at the declaration date as a reduction of retained earnings included in stockholders’ equity (deficit). If the amount of the dividend exceeds retained earnings, the dividend is recorded as a reduction of additional paid-in capital.
Foreign Currency Translation	(s) Foreign Currency Translation The financial statements of the Company’s foreign operations are translated into U.S. dollars. Assets and liabilities are translated at current exchange rates as of the balance sheet date, equity accounts at historical exchange rates, while revenue and expense accounts are translated at the average rates in effect during the year. Translation adjustments are not included in determining net income, but are included in accumulated other comprehensive loss within stockholders’ equity (deficit). As of February 3, 2018 and January 28, 2017, foreign currency translation adjustments resulted in accumulated gains of $1,703 and accumulated losses of $1,581, respectively. Foreign currency transaction gains (losses) included in operating results were $1.4 million in fiscal 2017, $1.5 million in fiscal 2016 and $(2.0) million in fiscal 2015.
Derivative Financial Instruments	(t) Derivative Financial Instruments The Company enters into interest rate swap agreements to manage a portion of its interest rate risk related to floating rate indebtedness. As cash flow hedges, unrealized gains are recognized as assets while unrealized losses are recognized as liabilities. The interest rate swap agreements are highly correlated to the changes in interest rates to which the Company is exposed. Unrealized gains and losses on these instruments are designated as effective or ineffective. The effective portion of such gains or losses is recorded as a component of accumulated other comprehensive loss, while the ineffective portion of such gains or losses is recorded as a component of interest expense. Realized gains and losses in connection with each required interest payment are reclassified from accumulated other comprehensive loss to interest expense.
Reclassification	(u) Reclassification Certain prior year amounts have been reclassified to conform to the current year’s presentation.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Feb. 03, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Components of Intangible Assets and Goodwill	A summary of the components of intangible assets is as follows: Loyalty Program and Customer Lists Favorable Lease Commitments Madewell Trade Name Key Money J.Crew Trade Name Balance at January 30, 2016 $ 433 $ 14,208 $ 61,842 $ 4,266 $ 379,995 Amortization expense (433 ) (5,568 ) (4,100 ) (439 ) — Balance at January 28, 2017 $ — $ 8,640 $ 57,742 $ 3,827 $ 379,995 Amortization expense — (4,728 ) (4,100 ) (257 ) — Impairment losses — — — (2,060 ) (129,800 ) Effect of changes in foreign exchange rates — — — (557 ) — Balance at February 3, 2018 $ — $ 3,912 $ 53,642 $ 953 $ 250,195 Total accumulated amortization or impairment losses at February 3, 2018 $ (27,010 ) $ (57,098 ) $ (28,358 ) $ (3,864 ) $ (635,105 )
Summary of Aggregate Impairment Losses	The impairment losses were the result of the write-down of the following assets: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Goodwill allocated to the J.Crew reporting unit $ — $ — $ 1,016,815 Intangible asset related to the J.Crew trade name 129,800 — 360,305 Long-lived assets (see note 10) 11,387 7,752 4,522 Impairment losses $ 141,187 $ 7,752 $ 1,381,642

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Feb. 03, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shares Available for Grant as Stock Options or Other Share-Based Awards, as Adjusted for Reverse Stock Split	A summary of the shares available for grant as stock options or other share-based awards, as adjusted for the reverse stock split where appropriate, is as follows: Common Stock Awards Preferred Stock Awards Available for grant at January 28, 2017 363 — Authorized 18,213,118 20,000 Granted (5,209,878 ) — Forfeited and available for reissuance 15,046 — Available for grant at February 3, 2018 13,018,649 20,000
Restricted Stock Activity, as Adjusted for Reverse Stock Split	A summary of restricted stock activity under the 2011 Plan, as adjusted for the reverse stock split, is as follows: Shares Weighted Average Outstanding at January 28, 2017 29,102 $ — Granted 5,209,823 $ — Vested (14,212 ) $ — Forfeited (14,190 ) $ — Outstanding at February 3, 2018 5,210,523 $ —

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Feb. 03, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	A summary of property and equipment, net is as follows: February 3, 2018 January 28, 2017 Land $ 3,361 $ 3,784 Buildings and improvements 27,678 29,320 Fixtures and equipment 232,731 274,268 Leasehold improvements 282,643 319,510 Asset retirement obligations — 210 Construction in progress 8,938 15,247 555,351 642,339 Less accumulated depreciation and amortization (265,910 ) (280,152 ) $ 289,441 $ 362,187

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	12 Months Ended
	Feb. 03, 2018
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	A summary of other current liabilities is as follows: February 3, 2018 January 28, 2017 Customer liabilities $ 39,621 $ 41,968 Accrued compensation 33,201 19,644 Reserve for sales returns 10,602 11,157 Deferred revenue 7,826 6,950 Taxes, other than income taxes 5,646 3,764 Accrued occupancy 1,489 2,005 Other, primarily accrued operating expenses 68,728 71,653 $ 167,113 $ 157,141

Long-term Debt and Credit Agr32

Long-term Debt and Credit Agreements (Tables)	12 Months Ended
	Feb. 03, 2018
Debt Disclosure [Abstract]
Summary of Long-term Debt	A summary of long-term debt is as follows: February 3, 2018 January 28, 2017 Term Loan Facility $ 1,388,258 $ 1,527,825 New Notes 346,596 — Less: current portion (15,670 ) (15,670 ) Less: deferred financing costs (14,879 ) (13,095 ) Less: discount (6,493 ) (4,570 ) Long-term debt, net $ 1,697,812 $ 1,494,490 Borrowings under the ABL Facility $ — $ —
Summary of Components of Interest Expense	A summary of the components of interest expense is as follows: For the Year Ended February 3, 2018 January 28, 2017 January 30, 2016 Term Loan Facility $ 66,137 $ 62,027 $ 62,660 New Notes 24,656 — — Realized hedging losses 10,717 10,472 218 Amortization of deferred financing costs and debt discount 6,128 5,021 5,030 Other, net of interest income of $347, $67 and $180 2,875 1,839 1,893 Interest expense, net $ 110,513 $ 79,359 $ 69,801

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Feb. 03, 2018
Fair Value Disclosures [Abstract]
Summary of Impairment of Certain Long-Lived Assets	A summary of the impact of the impairment of certain long-lived assets on financial condition and results of operations is as follows: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Carrying value of long-term assets written down to fair value $ 11,387 $ 7,752 $ 4,522 Impairment charge $ 11,387 $ 7,752 $ 4,522

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Feb. 03, 2018
Commitments And Contingencies Disclosure [Abstract]
Operating Lease, Aggregate Minimum Rentals	These operating leases expire on varying dates through 2028. A summary of aggregate minimum rent at February 3, 2018 is as follows: Fiscal year Amount 2018 $ 178,436 2019 $ 151,689 2020 $ 135,447 2021 $ 125,134 2022 $ 106,669 Thereafter $ 168,537

Other Revenues (Tables)

Other Revenues (Tables)	12 Months Ended
	Feb. 03, 2018
Disclosure Other Revenues [Abstract]
Summary of Components of Other Revenues	A summary of the components of other revenues is as follows: For the Year Ended February 3, 2018(a) For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Revenues from third-party resellers $ 62,092 $ 29,107 $ 24,088 Shipping and handling fees 33,477 31,525 29,508 Other 4,359 5,208 4,539 Total $ 99,928 $ 65,840 $ 58,135 (a) Consists of 53 weeks.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Feb. 03, 2018
Income Tax Disclosure [Abstract]
Components of Benefit for Income Taxes	A summary of the components of the benefit for income taxes is as follows: (Dollars in millions) For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Current: Federal $ 17.7 $ (3.8 ) $ (1.2 ) State and local 0.1 1.8 5.1 Foreign — (0.2 ) — 17.8 (2.2 ) 3.9 Deferred: Federal (103.7 ) (10.5 ) (127.4 ) State and local (19.6 ) 5.4 (23.8 ) Foreign — — — (123.3 ) (5.1 ) (151.2 ) Benefit for income taxes recorded on the consolidated statement of operations (105.5 ) (7.3 ) (147.3 ) Income taxes charged (credited) to shareholders’ equity (deficit): Deferred income taxes (benefit) arising from the change in financial instrument liability credited to OCI 6.7 4.4 (4.4 ) Total benefit for income taxes $ (98.8 ) $ (2.9 ) $ (151.7 )
Reconciliation Between Effective Tax and US Federal Statutory Income Tax Rate	A reconciliation between the effective tax and the U.S. federal statutory income tax rate is as follows: For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 For the Year Ended January 30, 2016 Federal income tax rate 33.7 % 35.0 % 35.0 % Change in tax rate 8.0 — — State and local income taxes, net of federal benefit 4.4 (4.0 ) 0.9 Foreign rate differential 2.1 19.5 0.6 Income tax credits 0.5 3.7 — Goodwill impairment — — (25.6 ) Uncertain tax positions (0.2 ) (7.1 ) (0.3 ) Valuation allowances (1.8 ) (26.7 ) (0.4 ) Other (0.9 ) 3.3 0.4 Effective tax rate 45.8 % 23.7 % 10.6 %
Deferred Tax Assets and Liabilities	A summary of the tax effect of temporary differences which give rise to deferred tax assets and liabilities is as follows: (Dollars in millions) February 3, 2018 January 28, 2017 Deferred tax assets: Rent $ 28.5 $ 35.4 Foreign net operating losses 18.2 13.2 Customer liabilities 9.3 13.4 Transaction costs 8.9 7.4 Share-based payments 8.3 11.3 Accrued bonus 7.0 — Charitable contribution carryforward 6.9 9.4 State taxes and interest 3.8 5.5 Sales returns 2.8 4.3 State net operating losses 1.1 1.6 Financial instruments 1.0 8.0 Tax credit carryforward — 1.1 Other 2.1 3.7 97.9 114.3 Less: Valuation allowance (25.0 ) (20.3 ) Deferred tax assets, net of valuation allowance 72.9 94.0 Deferred tax liabilities: Intangible assets (80.6 ) (170.8 ) Difference in book and tax basis for property and equipment (11.8 ) (55.2 ) Prepaid catalog and other prepaid expenses (10.0 ) (16.2 ) Deferred tax liabilities (102.4 ) (242.2 ) Net deferred income tax liability $ (29.5 ) $ (148.2 )
Unrecognized Tax Benefits	A roll-forward of unrecognized tax benefits is as follows: (Dollars in millions) For the Year Ended February 3, 2018 For the Year Ended January 28, 2017 Balance at beginning of period $ 26.0 $ 23.4 Additions for tax positions taken during current year 4.6 5.2 Additions for tax positions taken during prior years 0.4 — Reductions for tax positions taken during prior years (1.4 ) (0.4 ) Settlements (0.4 ) (0.2 ) Expirations of statutes of limitations (3.9 ) (2.0 ) Balance at end of period $ 25.3 $ 26.0

Workforce Reductions (Tables)

Workforce Reductions (Tables)	12 Months Ended
	Feb. 03, 2018
Workforce Reduction Disclosure [Abstract]
Schedule of Reserve for Severance and Related Costs	A rollforward of the reserve for severance and related costs is as follows: Severance & Related Costs Balance at January 28, 2017 $ — Provisions charged to expense 12,242 Reversals(1) (411 ) Payments (8,288 ) Balance at February 3, 2018 $ 3,543 (1)

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Feb. 03, 2018
Fair Value Disclosures [Abstract]
Summary of the Components of Due to Parent	Certain transactions, primarily related to income taxes, between Group and its Parent give rise to intercompany receivables and payables. A summary of the components of Due to Parent is as follows: February 3, 2018 January 28, 2017 Income taxes payable to Parent $ (49,888 ) $ (33,462 ) Monitoring fees payable (1,446 ) — Payment of certain transaction costs on behalf of Parent 13,124 — Due to Parent $ (38,210 ) $ (33,462 )

Quarterly Financial Informati39

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Feb. 03, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Results	A summary of quarterly financial results for fiscal 2017 and fiscal 2016 is as follows: (in thousands) First Quarter Second Quarter Third Quarter Fourth Quarter Fiscal 2017(1) Total revenues $ 531,966 $ 560,906 $ 566,654 $ 710,592 Gross profit 188,237 216,632 227,226 260,080 Net income (loss)(2) $ (123,295 ) $ (20,654 ) $ (17,627 ) $ 36,617 Fiscal 2016 Total revenues $ 567,499 $ 569,820 $ 593,155 $ 694,988 Gross profit 204,954 203,199 225,856 241,268 Net income (loss) $ (8,041 ) $ (8,627 ) $ (7,900 ) $ 1,054 (1) Consists of 53 weeks. (2) Reflects the impact of a significant non-cash impairment loss recorded in the first quarter of fiscal 2017.

Nature of Business and Summar40

Nature of Business and Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)Segment		Jan. 28, 2017USD ($)	Jan. 30, 2016USD ($)
Significant Accounting Policies [Line Items]
Revenues from third-party resellers	$ 62,092	[1]	$ 29,107	$ 24,088
Unredeemed gift card liability included in other revenue	4,359		5,208	4,539
Deferred catalog costs	2,943		4,789
Catalog costs	28,797		41,268	48,533
All other advertising costs	74,924		63,427	71,095
Deferred construction allowances	70,390		83,028
Unfavorable lease commitments	1,728		4,733
Impairment charge	$ 11,387		7,752	4,522
Number of reportable business segment | Segment	1
Number of Operating Segments | Segment	2
Cash equivalents	$ 65,667		96,450
Selling, general and administrative expenses, other	42,350		40,841	44,164
Foreign currency translation adjustments resulted in accumulated gains (losses)	1,703	[1]	(1,581)	200
Foreign currency transaction gains (losses)	$ 1,411		$ 1,539	$ (2,027)
Minimum | Software
Significant Accounting Policies [Line Items]
Property and equipment, useful life	3 years
Maximum | Software
Significant Accounting Policies [Line Items]
Property and equipment, useful life	5 years
Buildings And Improvements
Significant Accounting Policies [Line Items]
Property and equipment, useful life	20 years
Furniture, Fixtures and Equipment | Minimum
Significant Accounting Policies [Line Items]
Property and equipment, useful life	3 years
Furniture, Fixtures and Equipment | Maximum
Significant Accounting Policies [Line Items]
Property and equipment, useful life	10 years
[1]	Consists of 53 weeks.

Debt Exchange and Refinancing -

Debt Exchange and Refinancing - Additional Information (Details) - USD ($)	Jul. 13, 2017	Feb. 03, 2018	Jan. 28, 2017	Dec. 05, 2016
Debt Exchange And Refinancing [Line Items]
Aggregate principal amount of notes exchanged	$ 565,700,000
Common stock, shares issued		1,000	1,000
Common stock, par value		$ 0.01	$ 0.01
J.Crew International | Additional Transferred IP
Debt Exchange And Refinancing [Line Items]
Percentage of undivided ownership interest transferred	27.96%
J.Crew International | Initial Transferred IP
Debt Exchange And Refinancing [Line Items]
Percentage of undivided ownership interest transferred				72.04%
J.Crew International | Transferred IP
Debt Exchange And Refinancing [Line Items]
Percentage of undivided ownership interest transferred	100.00%
Series A Preferred Stock
Debt Exchange And Refinancing [Line Items]
Preferred stock, shares outstanding	189,688
Preferred stock dividend rate percentage	7.00%
Preferred stock, par value per share	$ 0
Aggregate initial liquidation preference	$ 189,688,000
Exchange Notes
Debt Exchange And Refinancing [Line Items]
Senior notes interest rate	13.00%
Aggregate principal amount of the outstanding	$ 249,596,000
Debt instrument maturity year	2,021
Term Loan Facility
Debt Exchange And Refinancing [Line Items]
Aggregate principal amount of the outstanding		$ 1,388,258,000	$ 1,527,825,000
Repayment of principal amount outstanding	$ 150,456,000	$ 150,456,000
New Money Notes
Debt Exchange And Refinancing [Line Items]
Senior notes interest rate	13.00%
Debt instrument maturity year	2,021
Principal amount of notes issued	$ 97,000,000
Debt instrument cash discount rate	3.00%
Payment in Kind (PIK) Note | Class A Common Stock
Debt Exchange And Refinancing [Line Items]
Percentage of common stock issued	15.00%
Common stock, shares issued	17,362,719
Common stock, par value	$ 0.00001
Payment in Kind (PIK) Note | Minimum
Debt Exchange And Refinancing [Line Items]
Senior notes interest rate	7.75%
Payment in Kind (PIK) Note | Maximum
Debt Exchange And Refinancing [Line Items]
Senior notes interest rate	8.50%
New Term Loan Borrowings | Term Loan Facility
Debt Exchange And Refinancing [Line Items]
Aggregate principal amount of the outstanding	$ 30,000,000
Debt instrument discount rate	2.00%

Management Services Agreement -

Management Services Agreement - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016	Jul. 13, 2017
Related Party Transaction [Line Items]
Sponsor fees, description	Pursuant to a management services agreement entered into in connection with the Acquisition, and in exchange for ongoing consulting and management advisory services (the “Services”), the Sponsors received an aggregate annual monitoring fee prepaid quarterly equal to the greater of (i) 40 basis points of consolidated annual revenues or (ii) $8 million (in either case, the “Advisory Fee”). The Sponsors also receive reimbursement for out-of-pocket expenses incurred in connection with services provided pursuant to the agreement.
Selling, General and Administrative Expenses
Related Party Transaction [Line Items]
Monitoring fees, included in selling, general and administrative expenses	$ 9.7	$ 10	$ 10.3
Series A Preferred Stock
Related Party Transaction [Line Items]
Percentage of liquidation preference on outstanding stock of parent				5.00%
Management Revenue Scenario One
Related Party Transaction [Line Items]
Consolidation annual revenue in basis points	0.40%
Management Revenue Scenario Two
Related Party Transaction [Line Items]
Annual monitoring fee (Advisory fee)	$ 8

Goodwill and Intangible Asset43

Goodwill and Intangible Assets - Components of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 29, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Intangible Assets Goodwill [Line Items]
Beginning balance	$ 450,204	$ 450,204
Amortization expense		(9,086)	$ (10,540)	$ (15,559)
Ending balance		308,702	450,204
Loyalty Program and Customer Lists
Intangible Assets Goodwill [Line Items]
Beginning balance			433
Amortization expense			(433)
Ending balance				433
Total accumulated amortization or impairment losses		(27,010)
Favorable Lease Commitments
Intangible Assets Goodwill [Line Items]
Beginning balance	8,640	8,640	14,208
Amortization expense		(4,728)	(5,568)
Ending balance		3,912	8,640	14,208
Total accumulated amortization or impairment losses		(57,098)
Madewell Trade Name
Intangible Assets Goodwill [Line Items]
Beginning balance	57,742	57,742	61,842
Amortization expense		(4,100)	(4,100)
Ending balance		53,642	57,742	61,842
Total accumulated amortization or impairment losses		(28,358)
Key Money
Intangible Assets Goodwill [Line Items]
Beginning balance	3,827	3,827	4,266
Amortization expense		(257)	(439)
Impairment losses, intangible		(2,060)
Effect of changes in foreign exchange rates, intangible		(557)
Ending balance		953	3,827	4,266
Total accumulated amortization or impairment losses		(3,864)
J.Crew Trade Name
Intangible Assets Goodwill [Line Items]
Beginning balance	379,995	379,995	379,995
Impairment losses, intangible	(129,800)	(129,800)		(360,305)
Ending balance	$ 250,200	250,195	$ 379,995	$ 379,995
Total accumulated amortization or impairment losses		$ (635,105)

Goodwill and Intangible Asset44

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Apr. 29, 2017	Feb. 03, 2018	Jan. 30, 2016	Jan. 28, 2017
Intangible Assets Goodwill [Line Items]
Estimated amortization expense, fiscal 2018		$ 7,000,000
Estimated amortization expense, fiscal 2019		5,000,000
Estimated amortization expense, fiscal 2020		4,000,000
Estimated amortization expense, fiscal 2021		4,000,000
Estimated amortization expense, fiscal 2022		4,000,000
Intangible assets, net		308,702,000		$ 450,204,000
Goodwill		107,900,000		107,900,000
J.Crew Trade Name
Intangible Assets Goodwill [Line Items]
Non-cash impairment charge	$ 129,800,000	129,800,000	$ 360,305,000
Intangible assets, net	$ 250,200,000	250,195,000	$ 379,995,000	$ 379,995,000
Madewell Reporting Units
Intangible Assets Goodwill [Line Items]
Goodwill		107,900,000
J.Crew Reporting Units
Intangible Assets Goodwill [Line Items]
Goodwill		0
Accumulated impairment losses, goodwill		$ 1,579,000,000

Goodwill and Intangible Asset45

Goodwill and Intangible Assets - Summary of Aggregate Impairment Losses (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 29, 2017	Feb. 03, 2018		Jan. 28, 2017	Jan. 30, 2016
Intangible Assets Goodwill [Line Items]
Long-lived assets		$ 11,387		$ 7,752	$ 4,522
Impairment losses		141,187	[1]	$ 7,752	1,381,642
J.Crew Reporting Units
Intangible Assets Goodwill [Line Items]
Impairment losses, goodwill					1,016,815
J.Crew Trade Name
Intangible Assets Goodwill [Line Items]
Impairment losses, intangible	$ 129,800	$ 129,800			$ 360,305
[1]	Consists of 53 weeks.

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 03, 2017	Jul. 13, 2017	Jul. 12, 2017	Feb. 03, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Reverse stock split, description		10,000-to-1
Reverse stock split, shares		10,000
Equity incentive plan, decrease in shares authorized		9,174	91,740,627
Increase in exercise price		$ 1,000	$ 0.10
Total unrecognized compensation cost associated with split-adjusted awards		$ 200
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares issued				5,209,823
Fair value of restricted stock grant				$ 0
Restricted Stock | One To Five Years Service Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares expected to vest				2,604,911
Restricted Stock | Performance Conditions
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares expected to vest				2,604,912
Chief Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity awards authorized	5,209,823
Preferred Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity awards authorized				20,000
Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity awards authorized				18,213,118
Minimum | Restricted Stock | One To Five Years Service Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation, award vesting period				1 year
Maximum | Restricted Stock | One To Five Years Service Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation, award vesting period				5 years
Maximum | Preferred Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity awards authorized		20,000
Maximum | Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity awards authorized		13,003,295

Share-Based Compensation - Shar

Share-Based Compensation - Shares Available for Grants as Stock Options or Other Share-Based Awards, as Adjusted for Reverse Stock Split (Details)	12 Months Ended
	Feb. 03, 2018shares
Common Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Available for grant beginning balance	363
Authorized	18,213,118
Granted	(5,209,878)
Forfeited and available for reissuance	15,046
Available for grant ending balance	13,018,649
Preferred Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Authorized	20,000
Available for grant ending balance	20,000

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Activity, as Adjusted for Reverse Stock Split (Details) - Restricted Stock	12 Months Ended
	Feb. 03, 2018shares
Shares
Beginning balance	29,102
Granted	5,209,823
Vested	(14,212)
Forfeited	(14,190)
Ending balance	5,210,523

Property and Equipment - Proper

Property and Equipment - Property and Equipment (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Property Plant And Equipment [Abstract]
Land	$ 3,361	$ 3,784
Buildings and improvements	27,678	29,320
Fixtures and equipment	232,731	274,268
Leasehold improvements	282,643	319,510
Asset retirement obligations		210
Construction in progress	8,938	15,247
Property and equipment, at cost	555,351	642,339
Less accumulated depreciation and amortization	(265,910)	(280,152)
Property and equipment, net	$ 289,441	$ 362,187

Other Current Liabilities - Oth

Other Current Liabilities - Other Current Liabilities (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Other Liabilities Disclosure [Abstract]
Customer liabilities	$ 39,621	$ 41,968
Accrued compensation	33,201	19,644
Reserve for sales returns	10,602	11,157
Deferred revenue	7,826	6,950
Taxes, other than income taxes	5,646	3,764
Accrued occupancy	1,489	2,005
Other, primarily accrued operating expenses	68,728	71,653
Other current liabilities	$ 167,113	$ 157,141

Long-term Debt and Credit Agr51

Long-term Debt and Credit Agreements - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Debt Instrument [Line Items]
Less: current portion	$ (15,670)	$ (15,670)
Long-term debt, net	1,697,812	1,494,490
Term Loan Facility
Debt Instrument [Line Items]
Long-term debt, gross	1,388,258	1,527,825
Less: current portion	(15,670)	(15,670)
Less: deferred financing costs	(14,879)	(13,095)
Less: discount	(6,493)	$ (4,570)
New Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 346,596

Long-term Debt and Credit Agr52

Long-term Debt and Credit Agreements - Additional Information (Details) - USD ($)	Jul. 31, 2019	Jul. 14, 2019	Jul. 13, 2017	Feb. 03, 2018	Jan. 28, 2017
Debt Instrument [Line Items]
Debt instrument redemption description				The Company is also required (i) to repay the term loan based on an annual calculation of excess cash flow, as defined in the agreement, (ii) in the second quarter of fiscal 2019, to make a principal repayment of $11.9 million which is equal to 1.00% of the aggregate principal amount of Amended Loans outstanding on July 13, 2017 and (iii) beginning on July 31, 2019, on the last business day of January, April, July and October, to make additional principal repayments of $1.5 million equal to 0.125% of the aggregate principal amount of Amended Loans outstanding on July 13, 2017
Amended Loans
Debt Instrument [Line Items]
Percentage of lenders			88.00%
Interest rate increased percentage			0.22%
New Term Loan Borrowings
Debt Instrument [Line Items]
Aggregate principal amount of the outstanding			$ 30,000,000	$ 30,000,000
Net proceeds from term loan facility			29,400,000	$ 29,400,000
Interest rate payable in cash				9.00%
New Term Loan Borrowings | Payment in Kind (PIK) Note
Debt Instrument [Line Items]
Interest rate				3.00%
Term Loan Facility
Debt Instrument [Line Items]
Percentage of capital stock of foreign subsidiary secured by pledge under revolving credit facilities				65.00%
Debt covenants, aggregate principal amount at which payment acceleration could be required				$ 35,000,000
Aggregate principal amount of the outstanding				1,388,258,000	$ 1,527,825,000
Repayment of principal amount outstanding			150,456,000	$ 150,456,000
Cash on hand used to repay long term debt			27,000,000
Weighted average interest rate				5.02%
Debt, quarterly principal payments percentage				0.25%
Debt, quarterly principal payments				$ 3,900,000
Debt, maturity date				Mar. 5, 2021
New Money Notes
Debt Instrument [Line Items]
Net proceeds from term loan facility			$ 94,100,000
Senior notes interest rate			13.00%
New Notes
Debt Instrument [Line Items]
Line of credit, covenant description				Each of the indentures contains covenants covering (i) the payment of principal and interest, (ii) maintenance of an office or agency for the payment of the New Notes, (iii) reports to the applicable Trustee and holders of the New Notes, (iv) stay, extension and usury laws, (v) payment of taxes, (vi) existence, (vii) maintenance of properties and (viii) maintenance of insurance. Each of the New Indentures also includes covenants that (i) limit the ability to transfer the Collateral and (ii) limit liens that may be imposed on the assets of the Guarantors, which covenants are, in each case, subject to certain exceptions set forth in each of the indentures.
Aggregate principal amount of the outstanding				$ 346,596,000
Net proceeds from term loan facility				$ 94,090,000
Debt, maturity date				Sep. 15, 2021
Debt instrument issuance date				Jul. 13, 2017
Senior notes interest rate				13.00%
Debt instrument frequency of interest payable				interest is payable semi-annually on March 15 and September 15 of each year.
Percentage of principal amount to be redeemed, plus accrued and unpaid interest				100.00%
Sinking fund provided				$ 0
Percentage of aggregate principal amount repurchased plus accrued and unpaid interest				100.00%
Federal Funds Effective Rate | Term Loan Facility
Debt Instrument [Line Items]
Interest rate margin				0.50%
LIBOR | Amended Loans
Debt Instrument [Line Items]
Interest rate margin				3.22%
LIBOR | New Term Loan Borrowings
Debt Instrument [Line Items]
Interest rate margin				12.00%
LIBOR | New Term Loan Borrowings | Payment in Kind (PIK) Note
Debt Instrument [Line Items]
Interest rate margin				3.00%
LIBOR | Term Loan Facility
Debt Instrument [Line Items]
Interest rate margin				1.00%
Interest rate margin, description				LIBOR determined by reference to the costs of funds for U.S. dollar deposits for an interest period of one month, plus 1.00%
LIBOR | Term Loans, Other than New Term Loan Borrowings and Amended Loans
Debt Instrument [Line Items]
Interest rate margin				3.00%
Base Rate Borrowings | Amended Loans
Debt Instrument [Line Items]
Interest rate margin				2.22%
Base Rate Borrowings | New Term Loan Borrowings
Debt Instrument [Line Items]
Interest rate margin				12.00%
Base Rate Borrowings | New Term Loan Borrowings | Payment in Kind (PIK) Note
Debt Instrument [Line Items]
Interest rate margin				3.00%
Base Rate Borrowings | Term Loans, Other than New Term Loan Borrowings and Amended Loans
Debt Instrument [Line Items]
Interest rate margin				2.00%
Scenario, Forecast | Amended Loans
Debt Instrument [Line Items]
Debt, quarterly principal payments percentage	0.125%	1.00%
Debt, quarterly principal payments	$ 1,500,000	$ 11,900,000
Minimum | Payment in Kind (PIK) Note
Debt Instrument [Line Items]
Senior notes interest rate			7.75%
Maximum | Payment in Kind (PIK) Note
Debt Instrument [Line Items]
Senior notes interest rate			8.50%
ABL Credit Facility
Debt Instrument [Line Items]
Line of credit facility borrowing capacity				$ 350,000,000
Credit facility, additional borrowing capacity				$ 100,000,000
Line of credit facility, expiration date				Nov. 17, 2021
Commitment fee				0.25%
Line of credit, excess availability percentage based on commitment amount and borrowing base to require maintaining fixed charge ratio				10.00%
Line of credit, excess availability to require maintaining fixed charge ratio				$ 27,500,000
Line of credit, covenant description				In addition, from the time when excess availability under the ABL Facility is less than the greater of (a) 10.0% of the lesser of (1) the commitment amount and (2) the borrowing base and (b) $27.5 million, until the time when Group has excess availability under the ABL Facility equal to or greater than the greater of (a) 10.0% of the lesser of (1) the commitment amount and (2) the borrowing base and (b) $27.5 million for 30 consecutive days, the credit agreement governing the ABL Facility requires Group to maintain a Fixed Charge Coverage Ratio (as defined in the ABL Facility) tested as of the last day of each fiscal quarter, of not less than 1.0
Fixed Charge Coverage Ratio				0.010
Debt covenants, aggregate principal amount at which payment acceleration could be required				$ 35,000,000
Outstanding stand-by letters of credit				44,300,000
Letters of credit, remaining borrowing capacity				271,400,000
Outstanding borrowings				0
Average short-term borrowings under the ABL Facility				$ 9,100,000	$ 10,200,000
ABL Credit Facility | Federal Funds Effective Rate
Debt Instrument [Line Items]
Interest rate margin				0.50%
ABL Credit Facility | LIBOR
Debt Instrument [Line Items]
Interest rate margin				1.00%
Interest rate margin, description				LIBOR determined by reference to the costs of funds for U.S. dollar deposits for an interest period of one month adjusted for certain additional costs, plus 1.00%
ABL Credit Facility | Minimum | LIBOR
Debt Instrument [Line Items]
Interest rate margin				1.25%
ABL Credit Facility | Minimum | Based on Group's average historical excess availability | Base Rate Borrowings
Debt Instrument [Line Items]
Interest rate margin				0.25%
ABL Credit Facility | Maximum
Debt Instrument [Line Items]
Percentage of capital stock of foreign subsidiary secured by pledge under revolving credit facilities				65.00%
ABL Credit Facility | Maximum | LIBOR
Debt Instrument [Line Items]
Interest rate margin				1.75%
ABL Credit Facility | Maximum | Based on Group's average historical excess availability | Base Rate Borrowings
Debt Instrument [Line Items]
Interest rate margin				0.75%
ABL Credit Facility | Swingline Loans
Debt Instrument [Line Items]
Line of credit facility borrowing capacity				$ 25,000,000
ABL Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Line of credit facility borrowing capacity				$ 200,000,000
ABL Credit Facility | Canadian dollar bankers' acceptances
Debt Instrument [Line Items]
Interest rate margin				0.50%
Documentary Letters Of Credit
Debt Instrument [Line Items]
Outstanding stand-by letters of credit				$ 16,600,000
Letters of credit, remaining borrowing capacity				3,400,000
Documentary Letters Of Credit | HSBC
Debt Instrument [Line Items]
Line of credit facility borrowing capacity				$ 20,000,000

Long-term Debt and Credit Agr53

Long-term Debt and Credit Agreements - Summary of Components of Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018		Jan. 28, 2017	Jan. 30, 2016
Debt Instrument [Line Items]
Interest expense, net of interest income	$ 110,513	[1]	$ 79,359	$ 69,801
Term Loan Facility
Debt Instrument [Line Items]
Interest expense, net of interest income	66,137		62,027	62,660
New Notes
Debt Instrument [Line Items]
Interest expense, net of interest income	24,656
Realized hedging losses
Debt Instrument [Line Items]
Interest expense, net of interest income	10,717		10,472	218
Amortization of deferred financing costs and debt discount
Debt Instrument [Line Items]
Interest expense, net of interest income	6,128		5,021	5,030
Other, net of interest income
Debt Instrument [Line Items]
Interest expense, net of interest income	$ 2,875		$ 1,839	$ 1,893
[1]	Consists of 53 weeks.

Long-term Debt and Credit Agr54

Long-term Debt and Credit Agreements - Summary of Components of Interest Expense (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Debt Disclosure [Abstract]
Other, interest income	$ 347	$ 67	$ 180

Derivative Financial Instrume55

Derivative Financial Instruments - Additional Information (Details) - USD ($)	Feb. 03, 2018	Jan. 28, 2017	Aug. 31, 2014
Interest Rate Caps March 2015 To March 2016
Derivative [Line Items]
Aggregate notional amount of interest rate derivative			$ 400,000,000
Interest Rate Caps March 2015 To March 2016 | LIBOR
Derivative [Line Items]
Interest rate cap agreements, capped LIBOR			2.00%
Interest Rate Swap March 2016 To March 2019
Derivative [Line Items]
Aggregate notional amount of interest rate derivative			$ 800,000,000
Interest rate derivative, fixed interest rate			2.56%
Interest Rate Swap | Other Liabilities
Derivative [Line Items]
Liabilities for interest rate swaps	$ 4,300,000	$ 18,600,000

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	Feb. 03, 2018	Jan. 28, 2017
Fair Value, Inputs, Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated fair value of debt	$ 1,388	$ 878

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Impairment of Certain Long-Lived Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Fair Value Disclosures [Abstract]
Carrying value of long-term assets written down to fair value	$ 11,387	$ 7,752	$ 4,522
Impairment charge	$ 11,387	$ 7,752	$ 4,522

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Disclosure Commitments And Contingencies Additional Information [Abstract]
Operating lease, expiration year	2,028
Operating lease, rent expenses	$ 194,097	$ 186,960	$ 185,866
Operating lease, contingent rent based on store sales	$ 4,437	$ 3,977	$ 4,510

Operating Lease, Aggregate Mini

Operating Lease, Aggregate Minimum Rentals (Details) $ in Thousands	Feb. 03, 2018USD ($)
Disclosure Operating Lease Aggregate Minimum Rent [Abstract]
2,018	$ 178,436
2,019	151,689
2,020	135,447
2,021	125,134
2,022	106,669
Thereafter	$ 168,537

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Compensation And Retirement Disclosure [Abstract]
Defined contribution plan, plan name	401(K) Savings Plan
Contribution by employees to 401(K) Savings Plan	25.00%
Contribution by employer to 401(K) Savings Plan	$ 5,228	$ 5,730	$ 5,720

Summary of Components of Other

Summary of Components of Other Revenues (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018	[1]	Jan. 28, 2017	Jan. 30, 2016
Disclosure Other Revenues [Abstract]
Revenues from third-party resellers	$ 62,092		$ 29,107	$ 24,088
Shipping and handling fees	33,477		31,525	29,508
Other	4,359		5,208	4,539
Total	$ 99,928		$ 65,840	$ 58,135
[1]	Consists of 53 weeks.

Income Taxes - Components of Be

Income Taxes - Components of Benefit for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Feb. 03, 2018		Jan. 28, 2017	Jan. 30, 2016
Current:
Federal	$ 17,700		$ (3,800)	$ (1,200)
State and local	100		1,800	5,100
Foreign			(200)
Current Income Tax Expense (Benefit), Total	17,800		(2,200)	3,900
Deferred:
Federal	(103,700)		(10,500)	(127,400)
State and local	(19,600)		5,400	(23,800)
Deferred income taxes	(123,276)		(5,140)	(151,232)
Benefit for income taxes recorded on the consolidated statement of operations	(105,516)	[1]	(7,301)	(147,333)
Income taxes charged (credited) to shareholders’ equity (deficit):
Deferred income taxes (benefit) arising from the change in financial instrument liability credited to OCI	6,700		4,400	(4,400)
Total benefit for income taxes	$ (98,800)		$ (2,900)	$ (151,700)
[1]	Consists of 53 weeks.

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 03, 2018	Dec. 31, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Income Taxes [Line Items]
Federal statutory income tax rate	21.00%	35.00%	33.70%	35.00%	35.00%
Remeasurement of net deferred tax liabilities recognition of a benefit for income taxes			$ 18,500,000
Charge to provide for federal taxes			1,400,000
Undistributed accumulated foreign earnings	$ 9,000,000		9,000,000
Undistributed foreign earnings, provisional income tax expense benefit, related to liability for uncertain tax positions			1,400,000
Income tax benefit recorded to reverse valuation allowance			1,100,000
Deferred tax assets valuation allowance remaining balance after reversal	25,000,000		25,000,000
Foreign deferred tax assets valuation allowance after reversal	21,500,000		21,500,000
Valuation allowance reserves for temporary differences deductible after reversal			3,500,000
Liabilities associated with uncertain tax positions including interest and penalties	25,900,000		25,900,000
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued	4,100,000		4,100,000
Unrecognized tax benefits that would affect effective tax rate	19,200,000		19,200,000
State and local operating loss carryovers, net of unrecognized tax benefits	$ 17,600,000		$ 17,600,000
State and local net operating loss carryovers, expiration year			2031-11
International Subsidiaries
Income Taxes [Line Items]
Cash, cash equivalents and short-term investments		$ 27,300,000
Repatriation of foreign earnings, estimated additional tax liabilities			$ 0

Income Taxes - Reconciliation B

Income Taxes - Reconciliation Between Effective Tax and US Federal Statutory Income Tax Rate (Details)	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 03, 2018	Dec. 31, 2017	Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Effective Income Tax Rate Continuing Operations Tax Rate Reconciliation [Abstract]
Federal income tax rate	21.00%	35.00%	33.70%	35.00%	35.00%
Change in tax rate			8.00%
State and local income taxes, net of federal benefit			4.40%	(4.00%)	0.90%
Foreign rate differential			2.10%	19.50%	0.60%
Income tax credits			0.50%	3.70%
Goodwill impairment					(25.60%)
Uncertain tax positions			(0.20%)	(7.10%)	(0.30%)
Valuation allowances			(1.80%)	(26.70%)	(0.40%)
Other			(0.90%)	3.30%	0.40%
Effective tax rate			45.80%	23.70%	10.60%

Income Taxes - Rise in Deferred

Income Taxes - Rise in Deferred Tax Assets and Liabilities due to Tax Effect of Temporary Differences (Details) - USD ($) $ in Millions	Feb. 03, 2018	Jan. 28, 2017
Deferred tax assets:
Rent	$ 28.5	$ 35.4
Foreign net operating losses	18.2	13.2
Customer liabilities	9.3	13.4
Transaction costs	8.9	7.4
Share-based payments	8.3	11.3
Accrued bonus	7
Charitable contribution carryforward	6.9	9.4
State taxes and interest	3.8	5.5
Sales returns	2.8	4.3
State net operating losses	1.1	1.6
Financial instruments	1	8
Tax credit carryforward		1.1
Other	2.1	3.7
Deferred tax assets, gross	97.9	114.3
Less: Valuation allowance	(25)	(20.3)
Deferred tax assets, net of valuation allowance	72.9	94
Deferred tax liabilities:
Intangible assets	(80.6)	(170.8)
Difference in book and tax basis for property and equipment	(11.8)	(55.2)
Prepaid catalog and other prepaid expenses	(10)	(16.2)
Deferred tax liabilities	(102.4)	(242.2)
Net deferred income tax liability	$ (29.5)	$ (148.2)

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 03, 2018	Jan. 28, 2017
Disclosure Unrecognized Tax Benefits [Abstract]
Balance at beginning of period	$ 26	$ 23.4
Additions for tax positions taken during current year	4.6	5.2
Additions for tax positions taken during prior years	0.4
Reductions for tax positions taken during prior years	(1.4)	(0.4)
Settlements	(0.4)	(0.2)
Expirations of statutes of limitations	(3.9)	(2)
Balance at end of period	$ 25.3	$ 26

Workforce Reductions - Addition

Workforce Reductions - Additional Information (Details)	Apr. 25, 2017Position	Feb. 03, 2018Store
Workforce Reductions [Line Items]
Number of stores closed | Store		51
Full-Time Positions
Workforce Reductions [Line Items]
Number of positions eliminated, as part of strategic reorganization	150
Open Positions
Workforce Reductions [Line Items]
Number of positions eliminated, as part of strategic reorganization	100

Workforce Reductions - Schedule

Workforce Reductions - Schedule of Reserve for Severance and Related Costs (Details) $ in Thousands	12 Months Ended
	Feb. 03, 2018USD ($)
Workforce Reductions [Abstract]
Provisions charged to expense	$ 12,242
Reversals	(411)	[1]
Payments	(8,288)
Balance at February 3, 2018	$ 3,543
[1]	Due primarily to associates obtaining employment subsequent to termination and therefore are no longer eligible to receive severance payments.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)	Jul. 13, 2017	Oct. 20, 2005	Feb. 03, 2018	Jan. 28, 2017	Dec. 05, 2016	Jan. 30, 2016	Jan. 31, 2015	Nov. 04, 2013
Related Party Transaction [Line Items]
Total assets			$ 1,201,007,000	$ 1,440,957,000
Intangible assets			308,702,000	450,204,000
Cash and cash equivalents			107,066,000	132,226,000		$ 87,812,000	$ 111,097,000
Total liabilities			2,350,541,000	$ 2,227,168,000
Aggregate principal amount of notes exchanged	$ 565,700,000
New Notes
Related Party Transaction [Line Items]
Aggregate principal amount of the outstanding			$ 346,596,000
Senior notes interest rate			13.00%
Exchange Notes
Related Party Transaction [Line Items]
Aggregate principal amount of the outstanding	$ 249,596,000
Senior notes interest rate	13.00%
New Term Loan Borrowings
Related Party Transaction [Line Items]
Aggregate principal amount of the outstanding	$ 30,000,000		$ 30,000,000
J.Crew International | Initial Transferred IP
Related Party Transaction [Line Items]
Percentage of undivided ownership interest transferred					72.04%
J.Crew International | Additional Transferred IP
Related Party Transaction [Line Items]
Percentage of undivided ownership interest transferred	27.96%
J.Crew International | Transferred IP
Related Party Transaction [Line Items]
Percentage of undivided ownership interest transferred	100.00%
J.Crew Operating Corp
Related Party Transaction [Line Items]
Payment of fixed license fee by subsidiaries			59,000,000
J.Crew BrandCo
Related Party Transaction [Line Items]
Total assets			275,100,000
Intangible assets			250,200,000
License fee receivable			24,600,000
Cash and cash equivalents			300,000
Royalty revenue earned			$ 58,200,000
J.Crew BrandCo | New Notes
Related Party Transaction [Line Items]
Frequency of periodic payment			semi-annually
Payment terms			The proceeds from the license fees to J.Crew BrandCo are used to meet debt service requirements on the $347 million aggregate principal outstanding under the New Notes, which bear interest at a rate of 13% per annum, payable semi-annually on March 15 and September 15 of each fiscal year.
Total liabilities			$ 356,100,000
Mr. Drexler | Predecessor
Related Party Transaction [Line Items]
License period granted by Millard Drexler		30 years
Reimbursed Mr. Drexler to reimburse actual costs expended in acquiring and developing properties		$ 242,300,000
Royalty payable per year during term of license		$ 1,000
PIK Notes Issuer | Payment in Kind (PIK) Note
Related Party Transaction [Line Items]
Aggregate principal amount of the outstanding			$ 800,000
Principal amount of notes issued								$ 500,000,000
Aggregate principal amount of notes exchanged	$ 565,700,000

Related Party Transactions - Su

Related Party Transactions - Summary of the Components of Due to Parent (Details) - USD ($) $ in Thousands	Feb. 03, 2018	Jan. 28, 2017
Related Party Transaction [Line Items]
Due to Parent	$ (38,210)	$ (33,462)
Chinos Holdings Inc
Related Party Transaction [Line Items]
Income taxes payable to Parent	(49,888)	(33,462)
Monitoring fees payable	(1,446)
Payment of certain transaction costs on behalf of Parent	13,124
Due to Parent	$ (38,210)	$ (33,462)

Recent Accounting Pronounceme71

Recent Accounting Pronouncements - Additional Information (Details) $ in Millions	Feb. 03, 2018USD ($)
Accounting Changes And Error Corrections [Abstract]
Future minimum lease payments through 2028 on undiscounted basis	$ 900

Quarterly Financial Informati72

Quarterly Financial Information (Unaudited) - Summary of Quarterly Financial Results (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Feb. 03, 2018	[1]	Oct. 28, 2017	[1]	Jul. 29, 2017	[1]	Apr. 29, 2017	[1]	Jan. 28, 2017	Oct. 29, 2016	Jul. 30, 2016	Apr. 30, 2016	Feb. 03, 2018	[1]	Jan. 28, 2017	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$ 710,592		$ 566,654		$ 560,906		$ 531,966		$ 694,988	$ 593,155	$ 569,820	$ 567,499
Gross profit	260,080		227,226		216,632		188,237		241,268	225,856	203,199	204,954	$ 892,175		$ 875,277	$ 895,571
Net income (loss)	$ 36,617	[2]	$ (17,627)	[2]	$ (20,654)	[2]	$ (123,295)	[2]	$ 1,054	$ (7,900)	$ (8,627)	$ (8,041)	$ (124,959)		$ (23,514)	$ (1,242,676)
[1]	Consists of 53 weeks.
[2]	Reflects the impact of a significant non-cash impairment loss recorded in the first quarter of fiscal 2017.

Schedule II Valuation and Qua73

Schedule II Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands		12 Months Ended
		Feb. 03, 2018	Jan. 28, 2017	Jan. 30, 2016
Inventory Reserve
Valuation And Qualifying Accounts Disclosure [Line Items]
Beginning Balance		$ 9,218	$ 8,322	$ 7,871
Charged to Cost and Expenses	[1]		896	451
Deductions	[1]	2,953
Ending Balance		6,265	9,218	8,322
Allowance for Sales Returns
Valuation And Qualifying Accounts Disclosure [Line Items]
Beginning Balance		11,157	10,731	12,158
Charged to Cost and Expenses	[1]		426
Deductions	[1]	555		1,427
Ending Balance		$ 10,602	$ 11,157	$ 10,731
[1]	The inventory reserve and allowance for sales returns are evaluated at the end of each fiscal quarter and adjusted (increased or decreased) based on the quarterly evaluation. During each period, inventory write-downs and sales returns are charged to the statement of operations as incurred.