Luxury Fashion Seller Ssense to Seek Protection After Clash With Creditors

Ssense, a Montreal-based retailer that sells designer fashion, is on the verge of filing for creditor protection in Canada after a conflict with its lenders.

A group of creditors led by Bank of Montreal forced the issue by filing a request under the Companies’ Creditors Arrangement Act — a Canadian bankruptcy law — seeking repayment from Ssense, according to people with knowledge of the matter, speaking on condition they not be identified to discuss private matters.