Showing results for Canada
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Retail Insider
retail-insider.com › home › comark to close cleo and ricki’s chains amid challenges
Comark to Close Cleo and Ricki’s Chains Amid Challenges
January 8, 2025 - Parent Companies for Jack & Jones, Bootlegger, Cleo, and Ricki’s File for Bankruptcy Protection in Canada
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INsauga
insauga.com › home › closure: low-cost fashion chain to close all stores across canada
CLOSURE: Low-cost fashion chain to close all stores across Canada | insauga
January 8, 2025 - Comark Holdings Inc., the company that owns Ricki’s, cleo and Bootlegger stores filed for bankruptcy protection back in June 2020 after prolonged shutdowns due to the COVID-19 pandemic.
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The Globe and Mail
theglobeandmail.com › report on business › owners of canadian clothing brands frank and oak, cleo file for creditor protection
Owners of Canadian clothing brands Frank and Oak, cleo file for creditor protection - The Globe and Mail
January 9, 2025 - But while the business has grown in recent years, Frank and Oak “has struggled to recoup losses experienced in the aftermath of the COVID-19 pandemic,” UCG chief executive Dustin Jones wrote in a Dec. 16 notice to creditors. The company is now looking for a viable path forward, he wrote. That could include selling the business. As of Dec. 16, UCG Canada Holdings Inc.
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CLEO Connect
cleoconnect.ca › home › organizations › office of the superintendent of bankruptcy canada
Office of the Superintendent of Bankruptcy Canada - CLEO Connect
The Superintendent of Bankruptcy is mandated to "supervise the administration of all estates and matters under insolvency legislation."
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Global News
globalnews.ca › news › 10948590 › rickis-cleo-frank-and-oak-creditor-protection
Well-known Canadian retail names seek creditor protection, close stores - National | Globalnews.ca
January 9, 2025 - Women's apparel company Comark Holdings Inc. says it will shutter all of the stores under its Ricki's and Cleo banners as it files for creditor protection.
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Retail Insider
retail-insider.com › home › parent companies for jack & jones, bootlegger, cleo, and ricki’s file for bankruptcy protection in canada
Parent Companies for Jack & Jones, Bootlegger, Cleo, and Ricki’s File for Bankruptcy Protection in Canada
December 8, 2020 - 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.
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CBC News
cbc.ca › news › business › frank-and-oak-rickis-cleo-creditor-protection-1.7425941
Frank And Oak seeks creditor protection while Ricki's and Cleo shutter stores in retail shakeup | CBC News
January 8, 2025 - Montreal-based retailer Frank And Oak has filed for creditor protection for the second time this decade, seeking relief from $71 million in debt, while the Ontario company behind Ricky's and Cleo says it will shutter their stores.
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Alvarez & Marsal
alvarezandmarsal.com › CLEO
CLEO Energy Corp. | Alvarez & Marsal | Management Consulting | Professional Services
June 9, 2025 - On December 8, 2024, CLEO Energy Corp. (the “Company”), filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to section 50.4(1) of the Bankruptcy and Insolvency Act (the “BIA”) and Alvarez and Marsal Canada Inc. (“A&M”) was named as the Proposal Trustee.
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CP24
cp24.com › news › canada › 2025 › 01 › 08 › rickis-and-cleo-retail-brands-closing-bootlegger-restructuring
Bootlegger, Ricki’s and cleo parent company files for creditor protection
January 8, 2025 - In its statement, Comark also said it plans to seek a court order approving the full liquidation of all Ricki’s and cleo stores, as well as certain Bootlegger stores. The company says the storefronts will remain open during that process. Comark was one of several retail brands to file for creditor protection and restructure operations during the COVID-19 pandemic. Before filing for protection in June 2020, Comark operated over 300 stores. Meanwhile, UCG Canada Holdings Inc., which operates as apparel brand Frank and Oak, says it is seeking creditor protection while it explores options to restructure its business.
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CBC News
cbc.ca › news › canada › british-columbia › bootlegger-comark-insolvency-covid-1.7459717
Ransomware, disease and 'ultra low-cost retailers': Why 3 iconic Canadian clothing stores went broke | CBC News
February 16, 2025 - For three weeks in November and December 2021, iconic Canadian clothing chains Bootlegger, Cleo and Ricki's found themselves paralyzed —staring down the barrel of the "critical holiday season" but prevented by ransomware from moving inventory.
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StyleDemocracy
styledemocracy.com › home › the company that owns bootlegger, cleo & ricki’s has filed for bankruptcy protection
The Company That Owns Bootlegger, Cleo & Ricki's Has Filed For Bankruptcy Protection
June 5, 2020 - Comark Holdings Inc., the Canadian company that owns Bootlegger, Cleo, and Ricki's, has filed for bankruptcy protection for the second time in two years.
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Global News
globalnews.ca › news › 1905766 › bootlegger-cleo-owner-enters-bankruptcy-amid-retail-sector-upheaval
Bootlegger, Cleo owner falters amid retail sector upheaval - National | Globalnews.ca
March 26, 2015 - The owner of Cleo, Bootlegger and Ricki's clothing shops has filed for creditor protection. The retailer operates about 300 stores nationally.
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Vancouver Sun
vancouversun.com › news › rickis-cleo-fashion-retailers-closing
All Ricki's, Cleo stores closing, no returns/gift cards after Jan. 17 | Vancouver Sun
January 9, 2025 - It's a tough start to 2025 for ... Ricki's, Cleo and Frank and Oak file for creditor protection. Read more. ... You can save this article by registering for free here. Or sign-in if you have an account. Frank and Oak on Robson Street. Photo by JANIS NICOLAY ... B.C.’s shopping landscape may look a lot different this year. ... Subscribe now to read the latest news in your city and across Canada...
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Winnipeg Free Press
winnipegfreepress.com › business › 2025 › 01 › 07 › cleo-rickis-retail-chains-to-shutter-as-owner-seeks-creditor-protection
Cleo, Ricki’s retail chains to shutter as owner seeks creditor protection
January 8, 2025 - The corporation that owns Canadian clothing retailers Ricki’s Fashions Inc, Bootlegger Clothing Inc. and Cleo Fashions Inc. has filed for creditor protection. There are a total of 13 stores in Manitoba; 10 in Winnipeg, three in Brandon.
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BOE Report
boereport.com › home › headlines › news › cleo energy corp. – insolvency sale
CLEO Energy Corp. – Insolvency Sale | BOE Report
February 24, 2025 - CLEO Energy Corp. (“CLEO” or the “Company”) has filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to section 50.4 (1) of the Bankruptcy and Insolvency Act (the “BIA”) and Alvarez & Marsal Canada Inc. (“A&M”) is acting as Proposal Trustee of CLEO for the NOI process.
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blogTO
blogto.com › fashion_style › 2025 › 01 › cleo-rickis-clothing-stores-closing-canada
Cleo and Ricki's clothing stores to shutter locations across Canada
January 9, 2025 - Canadian fashion brands Ricki's and Cleo will close after their parent company revealed it has filed for creditor protection. Comark Holdings announc…
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Toronto
toronto.com › news › rickis-and-cleo-clothing-stores-closing-in-canada-what-shoppers-need-to-know-about-gift › article_955e4a89-117f-5b43-af1d-98f482b0575a.html
Ricki’s and Cleo clothing stores closing in Canada: What shoppers need to know about gift cards and returns
September 30, 2025 - All Ricki’s and Cleo stores in Canada will close following liquidation sales in the coming weeks, while Bootlegger and Frank and Oak file for creditor protection. Here’s what shoppers need to know if they have gift cards and returns to make.
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Sherwood Park News
sherwoodparknews.com › news › all-rickis-cleo-clothing-stores-closing-in-canada-as-company-files-for-creditor-protection
All Ricki's, Cleo clothing stores closing in Canada as company files for creditor protection | Sherwood Park News
January 16, 2025 - Comark Holdings Inc. the company behind longtime apparel outposts Bootlegger, Ricki’s and Cleo has reportedly filed court applications for creditor protections.