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. Hats, Scarves & Gloves. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. About Le Château. 478 Dundas Street West Up to 85% off summer items. Le Chateau is closing. Fax: 905-673-6636, This website uses cookies to improve your experience. Shop gifts that are sure to delight everyone on your shopping list at incredible savings,” a spokesperson for the JV Group added. 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. 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. 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. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. Credit: bargainmoose via flickr. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Reply to Thread Reply. A popular national clothing retailer has become the latest victim of COVID-19. UP TO 80% OFF: Women . 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 … Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. Create the account and get their latest offers in your email box. Please enable Cookies and reload the page. 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. Up to 85% off summer items. Le Chateau closure will see shuttering of 14 stores in B.C. All Accessories. Shop the best selection in jewelry, all at 40% off, and all dresses and handbags, now at 30% off, said a company statement. 11 verified offers for December 2020 Coupon Codes / 30-50% Off Closing Sale at Le Chateau: you shop at Le Chateau. Le Chateau employs 1,400, with 900 of those staff at its retail locations. Online/Instore. 2 15. 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. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and … Reason Not a good price Bad product/service Poor merchant reputation Up to 40% off. 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. Cloudflare Ray ID: 602340b00c65ead7 “We encourage consumers to shop early to take advantage of the best selection of products and great savings available throughout the stores and website. Check the 'Sale/Special Offer/Outlet' section on the navigation bar, and get their sale items with big discount. Shop clearance sale skirts starting at $ 15. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Le Château announces store closing sale! CLOSING 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. Le Château announces store closing sale! Save my name, email, and website in this browser for the next time I comment. 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. A Québec court allowed the company to proceed with the sale of its assets and wind down operations. 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