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Fashion week: J. Jill, a women's apparel retailer, files for a $100 million IPO

February 10, 2017
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J.Jill, a women's apparel and accessories retailer with over 271 stores, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Insiders are offering 100% of the deal.

The Quincy, MA-based company was founded in 1959 and booked $617 million in sales for the 12 months ended October 31, 2016. It plans to list on the NYSE under the symbol JILL. J. Jill filed confidentially on October 21, 2016. BofA Merrill Lynch, Morgan Stanley, Jefferies, Deutsche Bank, RBC, UBS and Wells Fargo are the joint bookrunners on the deal. No pricing terms were disclosed.