Tel: 905-673-6625 up to; 40; SCORE-13? The company owns 123 … All Accessories. CIEDITOR-SABRINA November 2, 2020 November 2, 2020. by CIEDITOR-SABRINA November 2, 2020 November 2, 2020 0. Please enable Cookies and reload the page. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … Reply to Thread Reply. Reason Not a good price Bad product/service Poor merchant reputation Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. All Accessories. 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. 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. A Québec court allowed the company to proceed with the sale of its assets and wind down operations. 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. We'll assume you're ok with this, but you can opt-out if you wish. Up to 85% off summer items. 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”. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for … 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. 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. 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. Le Chateau has 129 stores across eight Canadian provinces and says that it does not expect to fully resume normal operations until 2022. 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. Credit: bargainmoose via flickr. Accept Read More, Stay up to date with the latest news and exclusive offers directly in your inbox. 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. Up to 40% off. Aldo, Le Château, Mendocino, and Frank and Oak have all faced significant challenges. • Save up to $25 with 10 LE CHATEAU Canada coupons, promo codes or sales for December 2020. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Shop clearance sale skirts starting at $ 15. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … Le Château announces store closing sale! Your IP: 121.41.230.164 A popular national clothing retailer has become the latest victim of COVID-19. A Québec court allowed the company to proceed with the sale of its assets and wind down operations. 478 Dundas Street West Author of the article: 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. Fax: 905-673-6636, This website uses cookies to improve your experience. Le Chateau closing. PLUR-worthy fun fur? 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. Head to LE CHÂTEAU's Outlet Stores for savings of up to 70%. 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. WOW !!! Create the account and get their latest offers in your email box. A popular national clothing retailer has become the latest victim of COVID-19. Customers can shop the sale 24/7 at lechateau.com. 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. Pants Skirts Accessories All Shoes Boots Flats All Men Sweaters Pants OUTLET. Cloudflare Ray ID: 602340b00c65ead7 Belts. Credit: bargainmoose via flickr. Share 0 0. Le Chateau is closing. LE CHÂTEAU summer sale! Today's top discount: $25 Off Your Purchase of $125+. UP TO 80% OFF: Women . Le Chateau Black Friday Sale is a highly recommended way to save at Le Chateau, but there are also have more ways. Le Chateau employs 1,400, with 900 of those staff at its retail locations. Men. Le Château is closing its operations. Shop the best selection in jewelry, all at 40% off, and all dresses and handbags, now at 30% off, said a company statement. About Le Château. 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. Yes, yes, YES. Performance & security by Cloudflare, Please complete the security check to access. 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 … up to; 40; SCORE-13? 2 15. Stay in the sale loop by subscribing to our mailing list and by heading to our LE CHÂTEAU website daily! • 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. 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 … Search this thread. Le Chateau closure will see shuttering of 14 stores in B.C. Author of the article: Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. 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. Handbags. Shop gifts that are sure to delight everyone on your shopping list at incredible savings,” a spokesperson for the JV Group added. Jewellery. Starting today, Le Château customers can take advantage of discounts up to 40% off the entire store: apparel, shoes, boots and accessories. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. 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. 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. Heartbreaking as the news may be for the nostalgic among us, Le Chateau will live on 90's-era club photos, 2000's-era prom photos, and the closets of petite office workers. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. P.O. 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. 2 15. 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. Up to 40% off. Reason Not a good price Bad product/service Poor merchant reputation 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. Box 30003 Shop clearance sale skirts starting at $ 15. Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. Online/Instore. Radhika Apte champions the nudist cause as she hits the beach in... Radhika Apte shares nude pictures on the beach. 50% Off Skirts - Exclusively online. 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. Women - Le Chateau offers European style for North American women. Discounts of 20%-40% start today in all 121 stores and lechateau.com . 11 verified offers for December 2020 Coupon Codes / 30-50% Off Closing Sale at Le Chateau: you shop at Le Chateau. Oakville, On L6H 7L8 CANADA, Tel: 416-900-6669 Plus, remember to check for Le Chateau deals and promo codes from Coupons.com. Check the 'Sale/Special Offer/Outlet' section on the navigation bar, and get their sale items with big discount. WATCH: Clothing retailer Le Chateau, founded in Montreal in 1959, has filed for CCAA protection, and plans to close its doors. New arrivals in seasonal merchandise are also on sale just in time for the holiday season. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. Search this thread. You can save on items that go on sale and clearance seasonally. CLOSING SALE. @2020 - CanIndia.com is a division of World Media Corp (Canada) Inc. All Right Reserved. Your favourite '90s clothing store is going out of business. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. WOW !!! I worked there in 2006 and just found this scarf from back then a couple weeks ago. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. 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. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Check the sale rack. 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. LE CHÂTEAU summer sale! Hats, Scarves & Gloves. 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. 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. “We encourage consumers to shop early to take advantage of the best selection of products and great savings available throughout the stores and website. NEW. Lead photo by Le Chateau 50% Off Skirts - Exclusively online. 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 … 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. Le Château is closing its operations. Le Château announces store closing sale! Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. Le Chateau closure will see shuttering of 14 stores in B.C. Struggling Canadians shouldn’t have to repay CERB by month’s end, says NDP, City of Toronto shares tips to reduce waste this holiday season, Ontario reports a record 2,275 new COVID-19 cases today, Covid-positive Haryana Minister Anil Vij admitted to Medanta in critical condition, Canada on track to receive 417,000 COVID-19 vaccine early doses before January 1, says PM Justin Trudeau, How cell phones are helping vulnerable young Canadians cope with COVID-19, Extra-marital dating app Gleeden crosses 1.3 Million users in India, Harris makes history as 1st Indian-American elected US VP, 2.2 million Canadian seniors on the GIS can get a free smartphone and subsidized rate plan from Telus. And earlier this year, plus-size clothing retailer Addition Elle closed all 74 of its locations . Meanwhile, Le Château customers can take advantage of … Online/Instore. Save my name, email, and website in this browser for the next time I comment. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. by CIEDITOR-SABRINA November 2, 2020 November 2, 2020 0. Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. 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. Up to 85% off summer items. 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. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. Complete the security check to access platform servicing Canada and an e-commerce platform servicing and! Of its locations, Mendocino, and website in this browser for the next time i comment of to! Hits the beach save up to 70 % out of business All Right Reserved your! 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