J. Team announced it’s applying for bankruptcy security. It’s the first national merchant to take this action since the coronavirus pandemic forced business to close their shops. J. Crew’s sales had insinuated recent years, and it is almost $2 billion in financial obligation. The retailer says it anticipates to stay in company and emerge from personal bankruptcy as a lucrative business.
You are here: / / J. Crew files for personal bankruptcy amidst coronavirus lockdowns