Bologna Tribunal has recently approved Jeckerson’s request of composition with creditors on a going concern basis in order to face the financial problems the Italian jeanswear company had in the last years.
The company that produces the Jeckerson jeanswear and sportswear brand and that controls the JRetail, Jeckerson US e JRetail Sarl companies, was recently recapitalized thanks to a group of investors led by Stirling Square Capital Partners. Thanks to such operations carried ahead under the supervision of Gian Maria Argentini, CEO, Jeckerson Spa will start a path of discharging of its financial debt in order to be able to start again, investing in and promoting the company’s growth.
In the past two years Jeckerson has followed a significant requalification product and brand strategy. It has actually enlarged its offer and is now selling a complete total look. It now sells trousers – core business of the company – all made in Italy. The company has also rationalized its retail operations by launching a new brand and store sign – JJeans – exclusively sold through shopping malls.