KEY POINTS:
Shares of J. Crew Group Inc. jumped yesterday after news spread that many items worn by the Obamas during the inauguration events were from the United States retailer.
President Barack Obama wore a white satin bow tie to all the Inaugural Balls.
First lady Michelle Obama wore J. Crew gloves, a sweater and skirt from the company to various events. Daughters Malia and Sasha wore coats, dresses and other items to various occasions celebrating the inauguration.
Shares of J. Crew jumped 96c, more than 10 per cent, in trading yesterday to close at $9.99.