Deal for control of embattled luxury retail platform expected to close before Feb. 13.
The co-founders of Montréal-based Ssense are close to regaining control of their luxury retail platform after it went into bankruptcy protection this past fall.
Ssense entered insolvency proceedings in September, after its lenders sought a quick sale amid a cash crunch at the company.
Ssense entered insolvency proceedings in September, after its lenders sought a quick sale amid a cash crunch at the company. After reaching an agreement with its lenders to continue operations, the company was undergoing a sale and investment solicitation process. On Sunday, the company announced that the winning bid was…