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Specialty retailer launches IPO


Women’s apparel retailer J.Jill is returning to the public arena after more than a decade of private ownership.

The retailer on Monday said it has launched an initial public offering of 11.67 million shares. The IPO is expected to have a price range of between $14.00 and $16.00 per share.

J.Jill has been approved to list its common stock on the New York Stock Exchange under the ticker “JILL.”

TowerBrook Capital Partners, a London-based private equity firm, purchased J. Jill in 2015 from Golden Gate Capital.

J.Jill operates more than 270 stores nationwide and also has an e-commerce business.

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