The J Jill Group Inc (Nasdaq:JILL), retailer of high quality women's apparel, accessories and footwear, has announced that it expects sales for the fourth quarter ended December 30, 2000, to increase by more than 40 per cent from the $61.2m reported in the fourth quarter of fiscal 1999.

Currently, the company anticipates net sales to be between $87-$89m, significantly exceeding previously disclosed financial targets for the quarter.

Gordon R Cooke, president and chief executive officer, said:, "We are extremely pleased with our holiday sales results given the difficult and promotional retail environment. Importantly, these results were achieved without the need for any significant price reductions which bodes very well for our fourth quarter margins and bottom-line performance."