J. Crew and Brooks Brothers are among the latest retailers on the brink of bankruptcy. J. Crew, which has 322 stores, is seeking $400 million in financing to fund operations during bankruptcy, CNBC reported. And Brooks Brothers is seeking to sell itself, a deal that could potentially be part of a bankruptcy filing, according to Bloomberg. J. Crew, whose holdings include retailer Madewell, was struggling before the coronavirus sent shoppers home in March. The company
source https://therealdeal.com/2020/05/01/j-crew-nears-bankruptcy-brooks-brothers-seeks-buyer/
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