CNBC reports: Clothing apparel company J. Crew filed for bankruptcy Monday, marking the first major retail bankruptcy of the coronavirus pandemic. The New York-based retailer had already been struggling under a heavy debt load and sales challenges, as it suffered criticism that it fell out of touch with its once-loyal customers. In the past few years, the brand lost both …
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Report: Retailer J. Crew Prepping To File For Bankruptcy
CNBC reports: Apparel company J. Crew is preparing for a bankruptcy filing that could come as soon as this weekend, people familiar with the matter tell CNBC. Privately held J. Crew is working to secure $400 million in financing to fund operations in bankruptcy, said the people, who requested anonymity because the information is confidential. They cautioned that timing could …
Read More »Bears Hate J.Crew?
JMG reader Dick snapped the above photo at the J. Crew outlet in Soho. I called the store and the clerk that answered the phone said the slogan is a reference to the “campfire theme” of the window display. She said that she was unaware of the meaning of “bear” in gay circles and that the Columbus Circle store has …
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