@2020 - CanIndia.com is a division of World Media Corp (Canada) Inc. All Right Reserved. Yes, yes, YES. Le Chateau employs 1,400, with 900 of those staff at its retail locations. 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. Tel: 905-673-6625 New arrivals in seasonal merchandise are also on sale just in time for the holiday season. WOW !!! UP TO 80% OFF: Women . Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. 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 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. WOW !!! Up to 40% off. Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. Box 30003 Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Up to 85% off summer items. Starting today, Le Château customers can take advantage of discounts up to 40% off the entire store: apparel, shoes, boots and accessories. Your IP: 121.41.230.164 up to; 40; SCORE-13? Le Chateau closing. Search this thread. 478 Dundas Street West Shop gifts that are sure to delight everyone on your shopping list at incredible savings,” a spokesperson for the JV Group added. Shop the best selection in jewelry, all at 40% off, and all dresses and handbags, now at 30% off, said a company statement. Le Chateau Black Friday Sale is a highly recommended way to save at Le Chateau, but there are also have more ways. 2 15. PLUR-worthy fun fur? Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. Oakville, On L6H 7L8 CANADA, Tel: 416-900-6669 P.O. Discounts of 20%-40% start today in all 121 stores and lechateau.com . Up to 40% off. WATCH: Clothing retailer Le Chateau, founded in Montreal in 1959, has filed for CCAA protection, and plans to close its doors. A Québec court allowed the company to proceed with the sale of its assets and wind down operations. • Handbags. NEW. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. 2 15. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. Performance & security by Cloudflare, Please complete the security check to access. LE CHÂTEAU summer sale! Le Chateau closure will see shuttering of 14 stores in B.C. 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”. 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. Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. 50% Off Skirts - Exclusively online. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Men. Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. up to; 40; SCORE-13? You can save on items that go on sale and clearance seasonally. CLOSING SALE. I worked there in 2006 and just found this scarf from back then a couple weeks ago. 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. Shop clearance sale skirts starting at $ 15. Le Chateau closure will see shuttering of 14 stores in B.C. Accept Read More, Stay up to date with the latest news and exclusive offers directly in your inbox. Save up to $25 with 10 LE CHATEAU Canada coupons, promo codes or sales for December 2020. Cloudflare Ray ID: 602340b00c65ead7 Radhika Apte champions the nudist cause as she hits the beach in... Radhika Apte shares nude pictures on the beach. Check the 'Sale/Special Offer/Outlet' section on the navigation bar, and get their sale items with big discount. All Accessories. Le Château announces store closing sale! Author of the article: 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 … Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for … Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Please enable Cookies and reload the page. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. 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. 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. Head to LE CHÂTEAU's Outlet Stores for savings of up to 70%. 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. Author of the article: Belts. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. Jewellery. Plus, remember to check for Le Chateau deals and promo codes from Coupons.com. Credit: bargainmoose via flickr. A popular national clothing retailer has become the latest victim of COVID-19. Your favourite '90s clothing store is going out of business. Reply to Thread Reply. Share 0 0. Le Chateau has 129 stores across eight Canadian provinces and says that it does not expect to fully resume normal operations until 2022. All Accessories. Le Château announces store closing sale! Fax: 905-673-6636, This website uses cookies to improve your experience. 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. About Le Château. by CIEDITOR-SABRINA November 2, 2020 November 2, 2020 0. • Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … 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. 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 … Women - Le Chateau offers European style for North American women. Stay in the sale loop by subscribing to our mailing list and by heading to our LE CHÂTEAU website daily! 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. Lead photo by Le Chateau Pants Skirts Accessories All Shoes Boots Flats All Men Sweaters Pants OUTLET. 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. Online/Instore. Le Château is closing its operations. Up to 85% off summer items. 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