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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 … Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. 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; 40; SCORE-13? Canadian speciality retailer Le Château has received approval to go ahead with the sale of its assets and close operations. Reply to Thread Reply. Up to 85% off summer items. Fax: 905-673-6636, This website uses cookies to improve your experience. 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. All Accessories. A popular national clothing retailer has become the latest victim of COVID-19. 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. Plus, remember to check for Le Chateau deals and promo codes from Coupons.com. Save my name, email, and website in this browser for the next time I comment. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. 11 verified offers for December 2020 Coupon Codes / 30-50% Off Closing Sale at Le Chateau: you shop at Le Chateau. @2020 - CanIndia.com is a division of World Media Corp (Canada) Inc. All Right Reserved. Tel: 905-673-6625 • up to; 40; SCORE-13? Your IP: 121.41.230.164 by CIEDITOR-SABRINA November 2, 2020 November 2, 2020 0. “We encourage consumers to shop early to take advantage of the best selection of products and great savings available throughout the stores and website. Author of the article: 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. 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. Yes, yes, YES. You can save on items that go on sale and clearance seasonally. Oakville, On L6H 7L8 CANADA, Tel: 416-900-6669 All Accessories. Le Chateau closure will see shuttering of 14 stores in B.C. Hats, Scarves & Gloves. 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. 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. 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. Reason Not a good price Bad product/service Poor merchant reputation 2 15. Stay in the sale loop by subscribing to our mailing list and by heading to our LE CHÂTEAU website daily! 2 15. Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for … The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … Discounts of 20%-40% start today in all 121 stores and lechateau.com . 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 … Le Chateau employs 1,400, with 900 of those staff at its retail locations. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. WOW !!! 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. Montreal-based fashion retailer Le Chateau is shuttering its stores, it was announced on Friday. About Le Château. Reason Not a good price Bad product/service Poor merchant reputation 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. Check the 'Sale/Special Offer/Outlet' section on the navigation bar, and get their sale items with big discount. 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. Author of the article: Online/Instore. Le Château is closing its operations. Search this thread. 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. 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. Handbags. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. 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. We'll assume you're ok with this, but you can opt-out if you wish. Shop the best selection in jewelry, all at 40% off, and all dresses and handbags, now at 30% off, said a company statement. Head to LE CHÂTEAU's Outlet Stores for savings of up to 70%. Up to 85% off summer items. Shop clearance sale skirts starting at $ 15. I worked there in 2006 and just found this scarf from back then a couple weeks ago. New arrivals in seasonal merchandise are also on sale just in time for the holiday season. 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. Online/Instore. Le Château operates network of 121 prime locations across Canada and an e-commerce platform servicing Canada and the US. [Le Chateau] Nationwide- Le Chateau closing/clearance sale. And earlier this year, plus-size clothing retailer Addition Elle closed all 74 of its locations . Aldo, Le Château, Mendocino, and Frank and Oak have all faced significant challenges. Create the account and get their latest offers in your email box. Shop gifts that are sure to delight everyone on your shopping list at incredible savings,” a spokesperson for the JV Group added. The Montreal-based company said Friday that it has spent much of the COVID-19 pandemic trying to refinance or sell the … 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. 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. Lead photo by Le Chateau Please enable Cookies and reload the page. Women - Le Chateau offers European style for North American women. Le Chateau closure will see shuttering of 14 stores in B.C. A Québec court allowed the company to proceed with the sale of its assets and wind down operations. A popular national clothing retailer has become the latest victim of COVID-19. WOW !!! Today's top discount: $25 Off Your Purchase of $125+. Le Chateau says it is seeking court protection from creditors to allow it to shut down and liquidate its merchandise. Belts. Jewellery. Last Updated: Nov 3rd, 2020 2:32 pm; Category: Apparel; Tags: le chateau; sale. Cloudflare Ray ID: 602340b00c65ead7 Save up to $25 with 10 LE CHATEAU Canada coupons, promo codes or sales for December 2020. P.O. 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. All Shoes Boots Flats All Men Sweaters pants OUTLET sale items with big discount 10 Le Chateau says it seeking! @ 2020 - CanIndia.com is a highly recommended way to save at Le Chateau Black Friday sale a. 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