SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 7, 2003 Commission Registrant, State of Incorporation I.R.S. Employer File Number Address and Telephone Number Identification No. 333-42427 J. CREW GROUP, INC. 22-2894486 - --------- ---------- (Incorporated in New York) 770 Broadway New York, New York 10003 Telephone: (212) 209-2500 333-42423 J. CREW OPERATING CORP. 22-3540930 - --------- ---------- (Incorporated in Delaware) 770 Broadway New York, New York 10003 Telephone: (212) 209-2500 Item 5. Other Events. On February 7, 2003, J. Crew Group (the "Company"), J. Crew Operating Corp. and certain subsidiaries thereof, and Congress Financial Corporation, as Agent and as Lender, entered into an Amendment No. 1 (the "Amendment No. 1") to the Loan and Security Agreement, dated December 23, 2002, among Operating and certain subsidiaries thereof, as Borrowers, the Company and certain subsidiaries thereof, as Guarantors, Wachovia Bank, National Association, as Arranger, Congress Financial Corporation, as Administrative Agent and Collateral Agent, and the Lenders thereto. A copy of the Amendment No. 1 is attached hereto as Exhibit 10.1. On February 12, 2003, Scott Gilbertson, the Company and the Company's majority stockholder entered into a Stockholders' Agreement, a copy of which is attached hereto as Exhibit 4.1. Item 7. Exhibits. 4.1 Stockholders' Agreement, dated February 12, 2003, between Scott Gilbertson, J. Crew Group, Inc. and TPG Partners II, L.P. 10.1 Amendment No. 1, dated February 7, 2003, to Loan and Security Agreement between J. Crew Group, Inc., J. Crew Operating Corp. and certain subsidiaries thereof, and Congress Financial Corporation. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. J. CREW GROUP, INC. By /s/ Scott M. Rosen ------------------------------------ Name: Scott M. Rosen Title: Executive Vice-President and Chief Financial Officer Date: February 14, 2003 2 EXHIBIT INDEX Exhibit No. Description 4.1 Stockholders' Agreement, dated February 12, 2003, between Scott Gilbertson, J. Crew Group, Inc. and TPG Partners II, L.P. 10.1 Amendment No. 1, dated February 7, 2003, to Loan and Security Agreement between J. Crew Group, Inc., J. Crew Operating Corp. and certain subsidiaries thereof, and Congress Financial Corporation. 3