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The latest announcement is out from Future Enterprises Ltd. Class B ( (IN:FELDVR) ).

Future Enterprises Ltd. has announced the scheduling of the thirty-eighth meeting of its Committee of Creditors (CoC) as part of its ongoing Corporate Insolvency Resolution Process. This meeting, set for August 29, 2025, signifies a critical step in the company’s efforts to address its financial challenges and restructure its obligations, impacting its operational and financial strategies moving forward.

More about Future Enterprises Ltd. Class B

Future…

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Future Enterprises Ltd ( (IN:FEL) ) has issued an update.

Future Enterprises Limited has announced the scheduling of its thirty-eighth meeting of the Committee of Creditors (CoC) as part of its ongoing Corporate Insolvency Resolution Process. This meeting, set for August 29, 2025, is a critical step in addressing the company’s financial restructuring and could have significant implications for its stakeholders, including creditors and investors.

More about Future Enterprises Ltd

Future Enterprises Limited operates in the retail and consumer…

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Canadian e-commerce platform Ssense has filed for bankruptcy protection. The company is said to be submitting an application under Canada’s Companies’ Creditors Arrangement Act (CCAA), according to reports from several media outlets, including Vogue Business and The Business of Fashion (BOF) on Thursday.

The CCAA is a federal law comparable to bankruptcy protection that allows corporations to restructure their finances. It applies to insolvent corporations owing creditors more than five million US dollars and provides a legal framework to reorganize debts while continuing operations. FashionUnited has reached out to Ssense for comment.

According to a letter obtained by BOF, the company’s creditors are seeking to put Ssense up for…

Canadian e-commerce platform Ssense has filed for bankruptcy protection. The company is said to be submitting an application under Canada’s Companies’ Creditors Arrangement Act (CCAA), according to reports from several media outlets, including Vogue Business and The Business of Fashion (BOF) on Thursday.

The CCAA is a federal law comparable to bankruptcy protection that allows corporations to restructure their finances. It applies to insolvent corporations owing creditors more than five million US dollars and provides a legal framework to reorganize debts while continuing operations. FashionUnited has reached out to Ssense for comment.

According to a letter obtained by BOF, the company’s creditors are seeking to put Ssense up for…

The liquidation process of debt-ridden Future Retail Ltd (FRL) has reached a critical juncture with the liquidator putting its most valuable intangible assets— the iconic retail brands Big Bazaar, Fashion @ Big Bazaar, and Foodhall — on the block. Liquidator Sanjay Gupta has issued an e-auction notice inviting bids for the portfolio of trademarks. The auction is set to be held on September 11, 2025, from 12 PM to 2 PM.

The reserve price for the brand portfolio has been fixed at ₹155.85 crore. Interested bidders must submit an Earnest Money Deposit (EMD) of ₹15.585 crore, which is 10% of the reserve price, by September 8, 2025.

The sale will be conducted on an ‘as is where is, whatever there is, and without…

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Canadian luxury fashion retailer SSENSE has said it plans to file for bankruptcy protection, partly citing pressure from US tariffs including on US-bound low value parcels, which just came into effect.

In an email to staff from CEO Rami Atallah, the Montreal-based firm said it was “surprised” by the elimination of the de minimis exemption for shipments to the US.

The de minimis exemption allowed for duty-free shipping to the US on packages worth $800 (C$1,100; £592) or less, and was widely used by e-commerce firms and global retailers to ship small packages to the US.

President Donald Trump issued an executive order suspending the exemption last month.

“In the past year, our landscape has shifted dramatically with tighter liquidity and…

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