The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Monday, Nov. 2, 2020. The application under the Companies’ Creditors Arrangement Act for protection from … Le Château Inc. is a fashion company, currently under liquidation, that was founded in 1959 in Montreal, Quebec, Canada and designed, imported and retailed a wide range of women's and men's apparel, accessories and footwear. 230 - 1B The Boardwalk Kitchener, Ontario. Today's top discount: $25 Off Your Purchase of $125+. Discounts of up to 40% off on all items online and in-store began on November 2, 2020. Montreal-based Le Chateau plans to close 14 stores this year and even more in the years ahead as the fashion chain "recalibrates" its brand amid a changing retail environment. 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. ... he added, and has done the right thing in closing unprofitable stores and boosting e-commerce operations. In the three-month period up until July 25, Le Château racked up just $14.7 million in sales across its network of stores and online. A Le Chateau clothing store is seen in a shopping mall in Joliette, Que. Headquartered in Montréal since its founding in 1959, LE CHÂTEAU has […] Canadian Clothing Store LE CHÂTEAU Announces Closing ALL Stores October 24, 2020 admin 84 Views. Author of the article: Le Chateau is a sophisticated New York celebratory destination, elegantly appointed for weddings, bar & bat mitzvahs, corporate galas, and more. 30-50% Off Closing Sale at Le Chateau: 12/31/2021: code Get 20% Extra Off when You Buy 3 or More Items: ... Get Extra 30% Off on 4 or more Items at Le Chateau: 12/15/2020: sale Shop Women's Footwear at Le Chateau: 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. Here is a look at some of the major retail closures announced in Canada in 2020, both before and during the pandemic. — Smash (@macsmashley) October 23, 2020. Photographer Juergen Teller captures the closing scene of the CHANEL ‘Le Château des Dames’ 2020/21 Métiers d’art show with Virginie Viard and … Facebook. Le Chateau has 129 stores across eight Canadian provinces and says that it does not expect to fully resume normal operations until 2022. Twitter. 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. A couple walks past a Le Chateau store in Montreal on July 7, 2020. BC Elections 2020; Le Château hangs up its hat, closing all 123 stores across Canada By. Miniso: Chineses variety retailer Miniso, which positions itself as a Japanese brand, has been closing some stores across Canada.The company entered Canada in 2017 and had plans to open about 500 stores as part of an ambitious expansion. on Friday, October 23, 2020. Le Château is just one of many Canadian retail stores that have been forced to close up shop this year. That's down from almost $50 million in the same period last year. Fashion Giant Knocked Down by COVID-19 THUNDER BAY – In what perhaps is just a sign of the times, Le Chateau in Intercity Shopping Centre will be closing. Email (Le Chateau) Le Château announced on Friday that it will be filing for creditor protection as it liquidates all assets and winds down its operations. In 2015, the company generated sales of about CA$237 million. Plus, remember to check for Le Chateau deals and promo codes from Coupons.com. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. Le Chateau currently has 123 stores across Canada, in addition to its e-commerce website. Tim Ford - October 23, 2020. november 2nd, 2020 le chateau obtains amended and restated initial order under the ccaa. 11 verified offers for December 2020 Coupon Codes / 30-50% Off Closing Sale at Le Chateau: you shop at Le Chateau. Le Château INC. For 60 years, Le Château has brought closet staples and fashion-forward items to Montrealers, Canadians and people all over the world. Le Chateau employs 1,400, with 900 of those staff at its retail locations. 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. The manager told me that she was told they won't begin liquidation until January with all stores shutting down by April. Le Château is liquating its merchandise in store and online after filing for bankruptcy last month. The closure is due to the company, with 123 stores across Canada filing for bankruptcy protection. You can save on items that go on sale and clearance seasonally. Oct 23rd, 2020 @ 5:14 pm; I just got back from Le Chateau at Rideau Centre in Ottawa. The company will remain “fully operational” and the stores are expected to remain open throughout the liquidation process. Bower Place Shopping Centre has a Le Chateau store. Le Chateau closure will see shuttering of 14 stores in B.C. She said that it'll be business as usual for the rest of the year. 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. A Le Château retail store is shown in Montreal on Wednesday July 13, 2016. ReddIt. NEW. The closing scene of the CHANEL Le Château des Dames 2020-2021; @Chanel Le Château des Dames 2020/ 2021 Métiers d’art collection show; photo @Juergen Teller A play of volumes and materials builds a modern, sophisticated silhouette. Le Chateau announced Friday it is seeking to shut down all 123 locations across Canada and liquidate its assets. october 26th, 2020 le chateau announces transfer of listing to nex. There’s so much to unpack about why Le Château figured so heavily in our lives. ICONIC CANADIAN FASHION retailer Le Château is seeking court protection from its creditors while it winds down its operations and liquidates its assets. Save up to $25 with 10 LE CHATEAU Canada coupons, promo codes or sales for December 2020. N2N 0B1 © 2006-2020 Rogers Media. 2,941 Likes, 21 Comments - CHANEL (@chanelofficial) on Instagram: “Photographer Juergen Teller captures the closing scene of the CHANEL ‘Le Château des Dames’…” That includes four stores in New Brunswick and two in Nova Scotia. 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