J.Crew Group, Inc. has recently confirmed that they will be emerging from Chapter 11 bankruptcy in early September. With this, the retail brand will move forward with plans to reorganize their company completely – focusing on long-term, profitable growth.
“The confirmation of our plan of reorganization is another significant milestone in our path to transforming our business to drive long-term, sustainable growth for J.Crew and further advance Madewell’s growth momentum,” said Jan Singer, Chief Executive Officer at J.Crew Group.
After filing for bankruptcy earlier this year, the retailer has their eyes set on a completely renewed restructuring plan. J.Crew’s long-standing commitment and service to their customers will help guide them to a successful future.
“As we move towards emergence, we look forward to continuing to position J.Crew and Madewell for long-term success,” added Singer.
Source: J.Crew Reorganization – PR Newswire
Photo Credit: J.Crew Exits Bankruptcy – NY Post
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About J.Crew Group, Inc.
J.Crew Group, Inc. is an internationally recognized omnichannel retailer of women’s, men’s and children’s apparel, shoes and accessories. As of today, the Company operates 170 J.Crew retail stores, 141 Madewell stores and 170 J.Crew Factory stores in nearly every state in the United States, and also maintains J.Crew, Madewell and J.Crew Factory websites. For more information visit jcrew.com, madewell.com and jcrewfactory.com.
