Just as some credit sources last week began speculating about the future of J. Jill and whether it could be put up for sale, given the bankruptcy filing of its parent in March, Moody’s Investors Service on Monday placed the retailer’s ratings on review for a possible downgrade.
About $115 million of rated debt is affected, and there is now the possibility of a default rating.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)