U.S. Markets open in 1 hr 25 mins

First Lady favourite J.Crew opens in UK

American retailer J. Crew, which has many high-profile fans like Michelle Obama in its home market, is beginning a push into the UK, and opening its first stores outside of North America. As the flagship on London’s Regent Street opens, Joanna Partridge speaks to the firm’s Chairman and CEO Millard Drexler and asks how the fashionistas’ favourite will fare on Britain’s competitive high street and with its price-conscious consumers.