Michelle Obama Helps Boost J.Crew Stock 64%

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Michelle Obama is the best thing that ever happened to J.Crew.

As photos surfaced of the First Lady once again wearing an outfit from the preppy line in London this week, a shopping frenzy ensued stateside.

The cream-colored “crystal constellation” cardigan ($298) she wore during a visit to Maggie’s Cancer Caring Centre Wednesday sold out on J.Crew’s Web site by 10 a.m. that morning (her “dazzling dots” skirt, $158, is virtually gone as well).

If you want that sparkly cardi now, get in line: There’s a 200-person waiting list.

Click here for more.

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