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|| Bahrain investors of Arcapita acquired stake in US women's retail chain

arcapita-jjill.jpgArcapita Bank, a Bahrain-based investment firm, announced that it has completed the acquisition of a majority stake in J. Jill, a specialty retailer of women’s apparel based in the US.

J. Jill has 225 retail stores across the United States, and leverages its presence with an e-commerce and catalog-driven direct sales business. The business had revenues of $390 million in 2010.

Arcapita is listed in the Middle East Investors Directory with the code OR07.

More details follows from their release



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