le château closing sale

Create the account and get their latest offers in your email box. After 60 years in operation, Le Chateau Inc. is seeking court protection from creditors to allow it to liquidate its assets and close its stores. Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … Up to 40% off. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … by CIEDITOR-SABRINA November 2, 2020 November 2, 2020 0. Oakville, On L6H 7L8 CANADA, Tel: 416-900-6669 New arrivals in seasonal merchandise are also on sale just in time for the holiday season. Le Chateau is closing. Up to 85% off summer items. Le Château is closing its operations. WOW !!! Share 0 0. This resulted in attempts to create a more manageable bricks-and-mortar network: after hitting a peak of 243 stores in 2012, Le Chateau has since moved to “right-size” its retail footprint, closing 122 over the last eight years to focus on top-performing stores and key markets. Accept Read More, Stay up to date with the latest news and exclusive offers directly in your inbox. Men. Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. A popular national clothing retailer has become the latest victim of COVID-19. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. CLOSING SALE. Save my name, email, and website in this browser for the next time I comment. After 60 years in operation, Le Chateau Inc. is seeking court protection from creditors to allow it to liquidate its assets and close its stores. Radhika Apte champions the nudist cause as she hits the beach in... Radhika Apte shares nude pictures on the beach. Credit: bargainmoose via flickr. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Reply to Thread Reply. During the liquidation process, its 900 dedicated employees will continue to provide all customers with the same great experience, while offering even better values on their favorite products, the company said in a media release. The news comes three months after the Montreal-based chain had expressed doubt about their future during an earnings call and noted that they planned to seek new sources of financing. The news comes three months after the Montreal-based chain had expressed doubt about their future during an earnings call and noted that they planned to seek new sources of financing. Save up to $25 with 10 LE CHATEAU Canada coupons, promo codes or sales for December 2020. Your IP: 121.41.230.164 And earlier this year, plus-size clothing retailer Addition Elle closed all 74 of its locations . Up to 40% off. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. • Box 30003 The retail industry was one of the hardest hit during the pandemic, with major brands like J.Crew filing for bankruptcy and Victoria's Secret closing its stores. Head to LE CHÂTEAU's Outlet Stores for savings of up to 70%. Meanwhile, Le Château customers can take advantage of … Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for … Gordon Brothers (through its Canadian division, Gordon Brothers Canada ULC) and Hilco Global (through its Canadian division, Merchant Retail Solutions, ULC) (collectively, the “JV Group”) have been retained to conduct store closing sales for Le Château Inc. (NEX: CTU.H) (the “Company” or “Le Château”) effective today, November 2, 2020. Nia Sharma faces backlash for 'vulgar' birthday cake, shuts down trolls with... New Zealand reports two new COVID-19 cases – Update, Pooja Hegde shares throwback pictures from ‘Duvvada Jaggannadham’ shoot. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the business to a third party that would keep it in operation, but was unsuccessful. Women - Le Chateau offers European style for North American women. Cloudflare Ray ID: 602340b00c65ead7 Search this thread. Pants Skirts Accessories All Shoes Boots Flats All Men Sweaters Pants OUTLET. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Le Château is going out of business after filing for bankruptcy “Management takes this opportunity to thank the millions of Canadians who have shopped at Le Château over the past 60 years and invites them to enjoy the incredible savings and styles available in this closing sale,” reads a statement by the group. Le Château announces store closing sale! Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. Reply to Thread Reply. This resulted in attempts to create a more manageable bricks-and-mortar network: after hitting a peak of 243 stores in 2012, Le Chateau has since moved to “right-size” its retail footprint, closing 122 over the last eight years to focus on top-performing stores and key markets. Le Chateau employs 1,400, with 900 of those staff at its retail locations. We'll assume you're ok with this, but you can opt-out if you wish. WOW !!! About Le Château. Aldo, Le Château, Mendocino, and Frank and Oak have all faced significant challenges. Shop the best selection in jewelry, all at 40% off, and all dresses and handbags, now at 30% off, said a company statement. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … The Québec Superior Court (Commercial Division) approved today an Amended and Restated Initial Order and a Liquidation Order pursuant to the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”) permitting the Company to proceed with the sale of its assets and wind down of its operations. • The company owns 123 … Discounts of 20%-40% start today in all 121 stores and lechateau.comBoston, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Gordon Brothers (through its Canadian division, Gordon Brothers Canada ULC) and Hilco Global (through its Canadian division, Merchant Retail Solutions, ULC) (collectively, the "JV Group") have been retained to conduct store closing sales for Le Château Inc. (NEX: CTU.H) (the … WATCH: Clothing retailer Le Chateau, founded in Montreal in 1959, has filed for CCAA protection, and plans to close its doors. A popular national clothing retailer has become the latest victim of COVID-19. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Starting today, Le Château customers can take advantage of discounts up to 40% off the entire store: apparel, shoes, boots and accessories. Keep an eye out for the LE CHÂTEAU's sale section plus weekly/monthly events that encapsulate all sale information on women, men, shoe and accessory sales Limited Time Deals, outlet and clearance sale. Get the Le Chateau look and shop for the latest collections in dresses, tops, blazers, pants, jackets, jumpsuits and essentials in variety of colours and patterns. PLUR-worthy fun fur? Stay in the sale loop by subscribing to our mailing list and by heading to our LE CHÂTEAU website daily! NEW. Your favourite '90s clothing store is going out of business. Management thanked “the millions of Canadians who have shopped at Le Château over the past 60 years” while inviting them to “enjoy the incredible savings and styles available in this closing sale”. Up to 85% off summer items. All Accessories. Le Château will be closing all stores in Canada after 61 years in business, as the company announced that it had filed for creditor protection on Friday. Reason Not a good price Bad product/service Poor merchant reputation LE CHÂTEAU summer sale! Handbags. @2020 - CanIndia.com is a division of World Media Corp (Canada) Inc. All Right Reserved. 50% Off Skirts - Exclusively online. Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. UP TO 80% OFF: Women . Le Château reported a $69.2-million net loss in the year ending on Jan. 25, 2020, compared with a $23.8-million net loss in the prior year. All Accessories. “We encourage consumers to shop early to take advantage of the best selection of products and great savings available throughout the stores and website. Customers can shop the sale 24/7 at lechateau.com. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. 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Well known Canadian retailer Le Château is closing its 123 stores across Canada after 60 years in business, saying it cannot refinance or sell the business to a third-party during the pandemic. MONTREAL — After 60 years in operation, Le Chateau Inc. is seeking court protection from creditors to allow it to liquidate its assets and close its stores. 2 15. 50% Off Skirts - Exclusively online. Credit: bargainmoose via flickr. In a statement, Le Château said it was becoming clear that sales of Christmas and New Years’s outfits would be hard hit by the pandemic, leaving the company with … Yes, yes, YES. Le Chateau says it will go out of business, closing 123 stores, cutting 1,400 employees (900 in stores, 500 at head office in Montreal) and liquidating merchandise. Please enable Cookies and reload the page. Le Chateau intends to remain fully operational as it liquidates its 123 stores, but the eventual closures will mean the end of about 1,400 jobs—500 at its head office and 900 at stores. 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