Denim-focused Bootlegger was founded in Vancouver over 45 years ago and operates 82 stores across the country with apparel for both men and women. Insiders are saying that more retailers in Canada are expected to file for bankruptcy protection in the coming weeks and months. The situation is now dire for Comark. Bestseller Canada said in court documents that it owes $39 million to creditors. Stores in malls lacking exterior entrances are not permitted to reopen in the province until at least the end of this month. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner. Jack & Jones is a youthful fashion line featuring men’s apparel and accessories. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. He has studied the Canadian retail landscape for the past 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees. Borrowing more money is not an option according to documents, and Comark said that it had not paid rent for its retail stores for the months of April, May, and June — the amount now owed is about $9 million according to court documents. On Wednesday, Mississauga-based Comark Holdings Inc., which operates Bootlegger, Ricki’s, and Cleo storefronts in Canada, also announced that it had filed for bankruptcy protection. “Comark commenced proceedings under the CCAA to restructure its operations and address the impacts of a challenging retail environment and the COVID-19 pandemic. Some store closures and permanent employee layoffs will “right-size the Applicants’ business”. In February, Retail Insider reported that Bestseller Canada had shut all five of its Canadian multi-brand stores with locations in the Montreal area as well as in Winnipeg (the Winnipeg store was converted to a Jack & Jones). Comark said in court documents that it needs “a significant show of support” from its landlords to restructure the business. The real estate arm will transform some stores into mixed-use properties featuring offices, housing, entertainment, and retail space. SHIP TO STORE IS BACK! Canada's Most Read Online Retail Industry Publication. Canada is home to several Vero Moda store locations as well — the brand is known for its value-priced women’s apparel. Both retail conglomerates operate stores primarily in suburban shopping centres. As has been the case since the start of store closures brought on by COVID-19, each banner’s webstore continues to remain open,” he went on to say.

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