J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout | ||
Monday, 4 May 2020 ()
J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list of brick-and-mortar retailers pushed to the brink by widespread store closures in response to the COVID-19 pandemic. |
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Credit: CBS Dallas Digital - Published
J. Crew Files For Bankruptcy Due To Corovavirus Crisis 00:30J.Crew has become the first national US retailer to file for bankruptcy protection since the coronavirus pandemic began. Katie Johnston reports. |