All Canadian retail locations of PE-backed Mexx to close
Gordon Brothers Group and Hilco Merchant Resources said that they began a process for going-out-of-business sales at all 95 Mexx retail locations in Canada on Friday, December 19th. The initiative is a result of the company's decision to file for bankruptcy due to competition from other retailers. Based in Amsterdam, the Netherlands, Mexx is a retail chain that sells men's, women's and children's clothing and accessories as well as home furnishings. The global business, including Mexx Canada, was acquired by U.S. private equity firm The Gores Group in October 2011.
22 December 2014•3 mins read
