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Restructuring Brings Much-Needed Changes at J.Jill

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

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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