SSENSE Owes Millions to Indie Fashion Brands. Here’s How They’re Dealing With It.

Samuel Hine of GQ reports that SSENSE’s bankruptcy filing in Quebec—listing over CA$371 million in debt, including CA$93 million owed to hundreds of fashion brands—has left both major labels and independent designers unpaid and struggling to absorb losses, exposing how the collapse of one of fashion’s most influential e-commerce platforms has upended the fragile wholesale ecosystem that once fueled emerging talent.