J Crew News
Your source for news about clothing, style, fashion, apparel and fabrics.
May 2020 Chapter 11: May 4, 2020 the parent company of J.Crew Group, Inc., Chinos Holdings, Inc. and certain affiliates, have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Virginia. The Company has secured commitments for a debtor-in-possession ("DIP") financing facility. J.Crew Group, Inc. ("J.Crew Group" or the "Company") today announced it has reached an agreement with its lenders holding approximately 71% of its Term Loan and approximately 78% of its IPCo Notes, as well as with its financial sponsors, under which the Company will restructure its debt and deleverage its balance sheet, with the goal of positioning J.Crew and Madewell for long-term success. Read more about the J.Crew Chapter 11 on the Fashion Blog. |
|
|
|
|
We hope you have enjoyed reading about J Crew.
Do you work for a fashion company? If yes, please submit your companies news.
Here are some more news
categories we think may be of interest to you:
Fashion Week News
Celebrity Fashion News
Clothing Retail Store News
Textile News Articles
Footwear News Articles Shoes
Swimwear News Articles
Lingerie News Articles
| Wow... This is a great place to find current news about J Crew. |
Apparel Search
Add Your Company
Contact
Us About Us
Advertise
News Letter
Legal
Help
Copyright © 1999-2023 Apparel Search Company. All Rights Reserved.