J. Crew CEO Blames Tanking Sales on Underwhelming CardigansErin Gloria Ryan6/05/15 6:40pm2049EditInvite manuallyPromoteDismissUndismissHideGo to permalinkOn Thursday, J Crew executives had the unpleasant task of explaining to investors why sales are plummeting. Luckily, they’ve found the perfect scapegoat.