NEW YORK – February 23, 2015 -Joe’s Jeans has recently engaged Carl Marks Advisors to advise the Board on all of its alternatives with respect to the Company’s current financial situation. The Company and the Board have been actively working to resolve the Company’s current financial situation with its lenders. Carl Marks Advisors is advising the Board on its strategic alternatives for a resolution to the Company’s financial condition. Carl Marks Advisors has also been engaged to act as the Company’s Chief Restructuring Advisor to assist the Company with its day-to-day operational needs.
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