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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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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.

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