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Can J.Jill Figure Out How to Stimulate Sales?

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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