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Can J.Jill Figure Out How to Stimulate Sales?

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

J.Jill Inc. narrowed its fourth quarter loss, even as sales fell 28 percent, and it managed to end the year with cleaner inventory balances, $4.4 million in cash and $23.8 million in borrowing availability. In a Nutshell: Last year, J.Jill underwent an out-of-court restructuring with lenders, emerging with $15 million in new capital and pushing…

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