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Canadian luxury e-tailer Ssense files for bankruptcy
short by / on Friday, 29 August, 2025
Montreal-based luxury fashion e-tailer Ssense filed for bankruptcy protection, citing US tariffs that raised costs and disrupted cross-border sales. The move follows layoffs of 8% of staff in May. Ssense's lender placed it under Canada's CCAA process, which the company plans to challenge. The collapse risks another blow to independent designers relying on Ssense.
read more at Stocktwits