J. Crew files for bankruptcy protection


FILE PHOTO: A customer walks into a clothing retailer J.Crew store in Manhattan, New York, March 3, 2014. REUTERS/Mike Segar

(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday, adding to an array of brick-and-mortar retailers pushed to the brink by widespread store closures in response to the coronavirus pandemic.

The New York-based chain, known for preppy apparel at times worn by former first lady Michelle Obama, filed for bankruptcy in a Virginia federal court.

Reporting by Subrat Patnaik in Bengaluru and Mike Spector in New York; Editing by Amy Caren Daniel



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