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Restructuring Brings Much-Needed Changes at J.Jill

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

J.Jill Inc. finally completed its out-of-court financial restructuring with lenders. The transaction closed on Sept. 30. Under the terms of the agreement with lenders, the women’s specialty retailer receives at least $15 million in new capital, while the maturity of certain of its term loan debt has been extended to May 2024. J.Jill says the…

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