200505 -- NEW YORK, May 5, 2020 -- A pedestrian walks past a J.Crew store in Manhattan of New York, the United States, May 4, 2020. J. Crew Group, a U.S. apparel retailer which also operates the Madewell brand, has filed for bankruptcy protection, as the COVID-19 fallout continues to ripple through the nation. It has filed to begin Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement by the company on Monday. The company said its lenders have agreed to convert approximately 1.65 billion U.S. dollars of its debt into equity. U.S.-NE

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Imago / Alamy Stock Photo

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2RPX3CD

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44.7 MB (1.9 MB Compressed download)

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4731 x 3301 px | 40.1 x 27.9 cm | 15.8 x 11 inches | 300dpi

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4 May 2020

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200505 -- NEW YORK, May 5, 2020 -- A pedestrian walks past a J.Crew store in Manhattan of New York, the United States, May 4, 2020. J. Crew Group, a U.S. apparel retailer which also operates the Madewell brand, has filed for bankruptcy protection, as the COVID-19 fallout continues to ripple through the nation. It has filed to begin Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement by the company on Monday. The company said its lenders have agreed to convert approximately 1.65 billion U.S. dollars of its debt into equity. U.S.-NEW YORK-CLOTHING RETAILER-BANKRUPTCY PROTECTION WangxYing PUBLICATIONxNOTxINxCHN

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