Monday, September 23, 2019

Madewell IPO may be in limbo as talks with lenders break down

Retail Dive
J. Crew's debt has hampered its operations for years now, including its own plans for an IPO and a fleeting proposal of a sale to Uniqlo owner Fast Retailing.

Now it appears to be a complicating factor in the proposed separation of the ailing J. Crew brand from the more prosperous, if smaller, Madewell brand. . . . more