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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.
short by / 09:02 am on 29 Aug
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