Published by: MCR
Shared article: GQ
The headline has felt inevitable for a few years now, and yet it hit like a ton of bricks: “J. Crew is preparing for a bankruptcy filing that could come this weekend,” CNBC reported Thursday afternoon. Over the last few years, the once-golden mall brand has slowly deteriorated, from its posterboy status for men suddenly interested in tie bars and American-made clothing to just another mall brand swept up in the retail industry’s fallout. Now, J.Crew is allegedly seeking $400 million to continue operations. (J.Crew declined to comment.)[…]
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