- Insolvency Insider Canada
- Posts
- Haggar Canada Direct Co.
Haggar Canada Direct Co.
Haggar Canada Direct Co. (“Haggar”), a fashion apparel retailer carrying on business from several retail locations in the Province of Ontario – including Niagara-on-the-Lake, Ottawa, Cookstown and Vaughan – filed an assignment in bankruptcy on December 2. Haggar experienced financial difficulties due to the impact of the COVID-19 pandemic on its retail stores in Canada, including a significant decline in revenues, which led to management’s decision to cease carrying on retail operations in Canada. Fuller Landau was appointed bankruptcy trustee and has obtained an order authorizing it to commence a liquidation sale of the inventory at Haggar’s retail locations. Aird & Berlis is counsel for the company. Danbury Global is conducting the liquidation.