Crew, another company taken down by a private equity takeover. It should be against the law to put the debt from a takeover onto the company being taken over.
Do you know if this will happen?
It's official. BK declared. Crew Prepares to File for Bankruptcy ...Apparel chain was struggling before coronavirus pandemic forced retailers to close stores Crew Group Inc., the preppy retailer that recently fell on hard times, is... — read more
J.Crew is closing Wilmington and Mayfaire stores, among others from what I'm hearing. I can't find a full list though, nor can I find if all the stores have been notified yet. I keep worrying that more of us will get the bad news before the end of... — read more
This upcoming National Stripes Holiday will be terrible for most J. Crew stores as it will be the last day for most of the full time staff. J. Crew did not offer severance packages to everyone impacted. J. Crew also gave an average of 2 days to let... — read more
It looks that situation is more dire at J. Crew than I thought. USA Today has a list of companies on a death watch for 2018, and we are on it, near the top as well. Keeping my fingers crossed this is just alarmist journalism... — read more
News says that now 50 stores will be closing. Does anyone know what locations are slated?
Stepping down as CEO of @jcrew and @madewell in July 2017. Guess what will happen once he's gone...
Unbelievable... reminds of that George Clooney film where he plays a guy that is a down-sizing specialist. While it's not surprising that young execs go out/have fun it is unbecoming conduct. i think that Rhett guy should go. (Up:... — read more
http://nypost.com/2015/06/17/j-crew-exec-brags-about-surviving-hunger-games-layoffs/ Wow talk about executive entitlement! Hope that Mickey D gives this Rhett blowhard the heave-o!