JCrew

JCrew crushed under a debt mountain of £1.3bn

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JCrew files for bankruptcy after collapsing under £1.3bn debt mountain By Daily Mail City & Finance Reporter Published: 22:09 BST, 4 May 2020 | Updated: 22:09 BST, 4 May 2020 JCrew has filed for bankruptcy after collapsing under a £1.3 billion debt mountain.  The US fashion brand’s lenders will inject £322m of cash and take … Read more

J.Crew files for bankruptcy amid coronavirus

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J.Crew becomes the first US major retailer to file for bankruptcy amid coronavirus pandemic The J.Crew Group Inc. filed for bankruptcy in a Virginia federal court on Monday It is the first big retailer to fail during the pandemic and be pushed to the brink by widespread store closures  Operations at J.Crew will continue throughout … Read more