Fashion J.Crew Has Filed for Bankruptcy J.Crew is one of the first retailers to do so, but likely not the last. By Alyssa Hardy Alyssa Hardy Instagram Twitter Alyssa Hardy is a fashion and culture writer living in New York City. She was formerly the Fashion News Editor at Teen Vogue and the Senior News Editor at InStyle. She recently launched a newsletter titled "This Stuff," which publishes twice weekly. In each edition, readers find timely commentary on news stories and current events in fashion, along with personal essays and musings on trends and celebrity style, featuring personal anecdotes from Alyssa's life as a fashion insider.Alyssa is a staunch advocate for garment workers' rights, and has a deep passion for educating others about fashion's environmental impact — tones that can be felt throughout 'This Stuff.' Her work has been featured in InStyle, Vogue, NYLON, Refinery29, TeenVogue, Ladygunn, Fashionista, and Allure. She is currently working on her debut book, a non-fiction exploration of ethics in fashion titled 'Worn Out.' InStyle's editorial guidelines Published on May 4, 2020 @ 08:24AM Pin Share Tweet Email Photo: Jamie Squire/Getty Images J.Crew Group, which owns and operates Madewell and J.Crew, has filed for bankruptcy, CNN reports. In a statement on the brand's website, CEO Jan Singer said that while they are filing for Chapter 11 bankruptcy, they will continue day-to-day operations. "Throughout this process, we will continue to provide our customers with the exceptional merchandise and service they expect from us, and we will continue all day-to-day operations, albeit under these extraordinary COVID-19-related circumstances," she said. "As we look to reopen our stores as quickly and safely as possible, this comprehensive financial restructuring should enable our business and brands to thrive for years to come." Where to Buy Fabric Face Masks Online J.Crew is not the only fashion retailer facing hardships due to the coronavirus pandemic. Major department stores like Neiman Marcus and J.C. Penney are said to be exploring their options as they face unprecedented setbacks. Many of these brands, including J.Crew, have sought to mitigate losses by furloughing employees, reducing salaries and spending, however, as lockdowns in major shopping cities across the world continue, the financial strain seems to be getting worse. As time goes on, J.Crew is likely just the first among many filings we see in the fashion industry.