CBC
The shakeup in women’s fashion merchandising continues with the bankruptcy of Dutch fashion chain Mexx.
On Thursday, a judge in the Netherlands declared the chain, with 315 stores worldwide, bankrupt.
Mexx had a strong presence in the Canadian market with 95 corporate-owned stores in Canada, many of them in Quebec. It also had a warehouse in Montreal and its designs were carried by The Bay.
In a press release, chief creative officer Julia Hansen cited deep discounting in the fashion sector in Canada as part of the reason for the bankruptcy.