US EditionFrank and Oak to close all stores, sell intellectual property
- Frank and Oak is closing all 14 of its stores and selling its intellectual property to a Montreal-based company as part of restructuring efforts.
- The Superior Court of Quebec approved the sale of the Frank and Oak brand to Lamour Group and Thread Collective Inc.
- UGC Canada Holdings Inc. is expected to file for bankruptcy and wind down its operations, while e-commerce sales will continue for Canadian customers.
34 Articles
34 Articles
The Montreal company continues to sell online, but will surrender its intellectual property.
After Hudson's Bay, another page of history is turning in the world of retail in Quebec: the Montreal company Frank And Oak announces the closure of all its stores next May as part of a major restructuring. Also read: Here's everything that's happening with the bankruptcy of Hudson's Bay in Canada and Quebec. Founded in 2012 in Montreal, the company indicated in a press release that the Superior Court of Quebec had approved the sale of the brand…
Montreal-based retailer Frank and Oak to close all stores, sell intellectual property
Clothing retailer Frank and Oak is closing all 14 of its stores in the coming weeks and selling its intellectual property to a Montreal-based company as part of ongoing restructuring efforts.
The clothing retailer Frank and Oak will close its 14 stores in the coming weeks and sell its intellectual property to a Montreal company as part of its restructuring efforts.
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