Ssense wins temporary protection in battle with creditors

Montréal fashion retailer granted stay order as lenders push for a court-supervised sale.Embattled Montréal-based online fashion retailer Ssense has been granted a stay order, temporarily protecting the company from a potential sale by its creditors. The temporary shield stems from a creditor protection filing by Ssense’s lenders, which include the Bank of Montreal, the Royal Bank of Canada, Scotiabank, National Bank of Canada, and JPMorgan Chase. The news was first reported by The Logic and has been indep ...