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Jack Wills teetering on the brink

According to reports, Jack Wills is facing a cash crisis as poor weather is cited as impacting sales of its spring/summer ranges. The chain is currently deep discounting in a retail environment which is staging sale on sale. Jack Wills is owned by BlueGem which had injected £28m but it is being said that without further significant cash investment the retailer will not be able to survive in its current form. 

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