Fortrove News

Le Château, the specialty retailer from Canada, is officially closing stores, prompting a bevy of sales from each location. Customers are now allowed to get a 40% off discount from the entire stock of shoes, boots, accessories, and more. The jewelry is 40% off as well as all dresses and handbags at 30% off.

According to a statement from a spokesperson from JV Group, "We encourage consumers to shop early to take advantage of the best selection of products and great savings available throughout the stores and website. New arrivals in seasonal merchandise are also on sale just in time for the holiday season. Shop gifts that are sure to delight everyone on your shopping list at incredible savings.”

About Le Château

Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and style-conscious women and men, with an extensive network of 121 prime locations across Canada and an e-com platform servicing Canada and the U.S.

About Gordon Brothers

Since 1903, Gordon Brothers ( has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across five continents.

About Hilco Global - Merchant Retail Solutions, ULC

Merchant Retail Solutions, ULC is a Canadian division of Hilco Global ( which provides a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer’s strategic initiatives. The firm’s activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Hilco Global, is one of the world’s leading authorities on maximizing the value of business assets by delivering valuation, monetization and advisory solutions. Hilco Global operates twenty specialized business units around the world.  

Information originally sourced from Global Newswire.