J.Jill
| Company type | Public |
|---|---|
| Industry | Retail (women's apparel) |
| Founded | 1955 |
| Founder | Karl Lipsky |
| Headquarters | Quincy, Massachusetts , United States |
Area served | United States |
| Products | Women's apparel |
J.Jill is a U.S.-based retailer focused on women's apparel, established in Massachusetts in 1955. The company has been publicly listed since 2017 and maintains its corporate headquarters in Quincy, Massachusetts.[1]
History
Originating as a specialty boutique in the Berkshires, specifically Great Barrington, Massachusetts, J.Jill was created by Karl Lipsky (1914—2009) in 1955. The brand’s name honors his wife Jenifer and daughter Jill.[2][3] Before founding J.Jill, Lipsky launched Jenifer House, a catalog-based fashion retailer.[2]
In 2006, The Talbots, Inc., a competing retailer, acquired J.Jill, resulting in the brand’s transition from a publicly traded company. Talbots secured ownership by outbidding Liz Claiborne with a purchase price of US$517 million.[4] However, just three years later, Golden Gate Capital bought the company for a significantly reduced amount of $63 million.Cite error: The opening <ref> tag is malformed or has a bad name
J.Jill returned to the public markets on March 9, 2017, when it was listed on the New York Stock Exchange under the ticker symbol JILL.Cite error: The opening <ref> tag is malformed or has a bad name In June 2019, the stock experienced its steepest drop since the IPO, falling by 53.5%. Analysts attributed this decline to challenges related to product design and color selection, as well as an accelerated shift from catalog sales to digital platforms.Cite error: The opening <ref> tag is malformed or has a bad name
During the COVID-19 pandemic in May 2020, J.Jill contributed $50,000 to First Responders First through its Compassion Fund. Additionally, it initiated a campaign for National Nurses Month that included offering shopping vouchers for its latest collection to nurses, first responders, and healthcare professionals.Cite error: The opening <ref> tag is malformed or has a bad nameCite error: The opening <ref> tag is malformed or has a bad name
References
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