Tuesday, 5 May 2020

J. CREW FILES FOR BANKRUPTCY PROTECTION ON MONDAY 4TH MAY 2020



J. CREW Group filed for bankruptcy protection on 4th May 2020 during period of COVID - 19.It is New York based retail cloth chain. It is known for Preppy Clothing. Apparels were worn by Michelle Obama at time of Obama when President of USA. 

Bankruptcy was filed in Virginia Federal Court with approximate $2 billion total debt.

J. Crew has about 13000 employees before April 2020. It is the first High - Profile retailer to seek protection since the spread of corona virus spread across the world. 

Date : 5/5/20  Information from Sources

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