TUESDAY NEWS RUSH FEATURING J CREW BANKRUPTCY

TUESDAY NEWS RUSH FEATURING J CREW BANKRUPTCY

TUESDAY NEWS RUSH FEATURING J CREW BANKRUPTCY

by CULTED
1 min

Tuesday News Rush Featuring J Crew Bankruptcy.

Image credit: Supreme.

It’s CULTED with your Tuesday morning NEWS RUSH.

First up, Supreme has teamed up with Barbour for a Spring 2020 capsule that’s dropping this Thursday.

Barbour has used its signature lightweight waxed cotton material for the capsule, which includes a field jacket, waist bag, crusher hat and camp cap.

Next up, J Crew has filed for bankruptcy protection. The company has filed for chapter 11 bankruptcy protection as it plans to convert its $1.65BN worth of debt into equity.

The announcement has sparked debate online about whether J.Crew really is the first major US retailer to collapse as a direct result of COVID-19, or if the chain was already destined for failure before the outbreak. 

In other news, YoungBoy Never Broke Again’s ‘38 Baby 2’ has debuted at number 1 on the Billboard 200. 

According to Forbes, ‘38 Baby 2’ has benefitted from a lack of new arrivals as the mixtape sold less than 70,000 equivalent units, which is not a lot compared to usual chart-toppers.

That’s all for today.

It’s Sam with CULTED. Have a great day and stay indoors. 

Watch more videos on CULTED

See also: MONDAY NEWS RUSH FEATURING MET GALA ALTERNATIVES

See also: THIS WEEK’S LATEST DROPS FEATURING NIKE, PALACE AND MORE

in other news

Comment

JOIN THE CULTED COMMUNITY TO GET THE LATEST ON FASHION, ART AND CULTURE