mexx toronto

Mexx bankrupt but Toronto stores still open (for now)

First Jacob, then Smart Set - the business-casual clothing market has taken a beating this year, with Mexx the latest to bite the dust. A judge in the Netherlands declared the Dutch fashion chain bankrupt on Thursday, sealing the fate of its 315 stores, including eight GTA locations and 87 others around Canada.

So prevalent is the brand, which was also sold at The Bay in addition to its own stores, on Canadian soil that "promotional pricing pressure in Canada" actually contributed to the company's demise, according to company higher-ups. Currently, Mexx plans to keep stores open - for now - as they clear out merchandise. Time to go get a deal on a new skirt suit (but don't act too happy about it).


Join the conversation Load comments

Latest in Fashion & Style

Simu Liu tells protesters at Toronto event he's anti-fur like they are

Popular indie clothing store opening second Toronto location

Small family business that lost storefront to lockdowns launches at major Toronto mall

The top 10 stores to buy a sofa in Toronto

There's a huge Reebok warehouse sale in Toronto next week with nothing over $40

Popular clothing brand is opening its first Toronto store and cafe

Toronto woman who lost her job starts up her own business that keeps selling out

Someone in Toronto is making useful objects out of old plastic bags