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Ssense to File for Bankruptcy Protection After Creditors Push for Sale

The Canadian luxury e-tailer told employees on Thursday that the filing was necessary as tariffs took an unexpected toll on the business, and to preempt a forced sale by lenders, BoF has learned.
Ssense website
Ssense website (Shutterstock)

Ssense is filing for bankruptcy protection after what it described as an attempt by lenders to force a sale of the company, the Montreal-based e-tailer told employees in a letter reviewed by

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Further Reading

Luxury E-Commerce: Who’s Surviving and Why

Experts say Mytheresa, Ssense and Moda Operandi have kept afloat in a challenged space by honing in on a particular consumer, curating their assortments and executing on retail basics. Still, the road ahead is tough, and the bigger they get, the harder it will be to sustain these strategies.

About the author
Malique Morris
Malique Morris

Malique Morris is Senior E-Commerce Correspondent at The Business of Fashion. He is based in New York and covers digital-native brands and shifts in the online shopping industry.

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