Women's clothing (women's clothing) brand company: J.Jill Inc. (JILL) (2011)
October 15, 2020, 11:55 am 7 Views
The predecessor of J.Jill, Inc. (NYSE: JILL) was a Delaware company founded in February 2011-Jill Intermediate LLC, which was changed to a Delaware stock company on February 24, 2017 and was renamed J .Jill, Inc., with a history dating back to 1959 (see: "Encyclopedia of History"), headquartered in Quincy, Massachusetts, USA, with 1,501 full-time employees (2018), is a well-known female clothing brand in the country, focusing on 40 -65-year-old women design and manufacture clothing.
J.Jill Inc. (JILL):
J.Jill is a leading multi-channel fashion retailer of women's clothing, accessories and footwear. , The company's style is leaning towards simplicity, comfort and fashion. The J.Jill brand represents a simple, casual and inspired style, reflecting the confidence and comfort of a rich, fulfilling woman.
J.Jill operates a highly profitable omni-channel platform. In the 12 months ended October 29, 2016, direct sales accounted for 42% of net sales and retail sales accounted for 58%.
J.Jill started as a catalog company, and later became a pioneer of the omni-channel model. Since 1999, it has become a prominent presence in various stores, websites and catalogs. The company has developed an industry-leading customer database that enables it to match approximately 97% of transactions with customers.
J.Jill takes a data-centric approach, using its database and insights to manage the business, and acquire and attract customers to increase the best value and productivity.
J.Jill's goal is to create a great brand, build a successful business, and make J.Jill a great workplace. In order to achieve this goal, J.Jill revolves strategy and team around four guiding pillars-brand, customer, product and channel.
J.Jill Inc. (JILL) History:
In 1959, Karl Lipsky and Marianne Lipsky opened an American store in Berkshires, named after their first daughter-Jennifer House, and later they launched a catalog containing the names of their two daughters-Jennifer and Jill ;
In 1987, J.Jill was acquired by DM Management;
In 1993, J.Jill IPO landed on Nasdaq, stock code: NASDAQ:DMMC, J.Jill also expanded to 3 directories-J.Jill, Nicole Summers and The Very Thing;
In 1998, Tilton Contact and Distribution Center opened in New Hampshire;
In the fall of 1999, J.Jill became a multi-channel retailer, launched its e-commerce website, and opened its first retail stores in Natick and Providence, Maryland;
Operational integration, by the end of 2003, J.Jill grew to 123 stores.
With an average of 36 new stores opened each year, J.Jill focuses on retail acceleration and growth. As of the end of 2006, J.Jill became a wholly-owned subsidiary of Talbots, Inc. (acquired and privatized);
In 2009, J.Jill was acquired by the leading private equity firm Golden Gate Capital, and in 2011 it cooperated with the global investment company Arcapita. J.Jill successfully changed the brand and developed a multi-channel business;
In 2015, J.Jill was acquired by TowerBrook Capital Partners, a private equity firm in New York and London.
J.Jill Inc. (JILL) investment:
J.Jill, Inc. (NYSE:JILL) submitted the IPO prospectus on 2/10/2017 and listed on the NYSE on 3/9/2017. The planned issue price is US$14.00-16.00, the actual issue price is US$13, and the issue is 11,666,667. Stocks, raised $151,666,671.00 US dollars, stock code: JILL.
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