MODECollective

MODECollective was created as a resource for young designers, students and fashion enthusiasts entering the professional fashion world.

The goal of this blog is to create an environment where questions, concerns, advice and fashion news and history can be shared in order to educate, mentor and showcase the talent that will lead the next generation of the fashion industry.



Wednesday, February 2, 2011

JCrew Update- Extension For Rival Bids & The $10 million investor lawsuit

JCrew has extended its time frame to accept rival bids for the company and its efforts to go private until February 15th but the brand is in hot water and has been since the proposed takeover of TPG Capital and Leonard Green and Partners LP.

To read more about he lawsuit visit Bloomberg:

http://www.bloomberg.com/news/2011-02-01/j-crew-10-million-settlement-of-tpg-buyout-suit-falls-apart-lawyer-says.html

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