Overview

• The Montreal-based luxury e-tailer says it will submit its own CCAA application within 24 hours to keep control of assets and operations.
• Company statements say the primary lender has already initiated CCAA proceedings and a sale process without Ssense’s consent.
• Ssense cites a sudden spike in cross‑border costs from U.S. trade changes, including the end of the de minimis duty exemption taking effect Friday and higher tariffs.
• Operations are set to continue through the process, with salaries and benefits to be paid while the court weighs the competing filings.
• The distress follows a 28 percent year-over-year sales drop in the first half of 2025 and multiple layoffs, raising concerns for hundreds of independent brands that sell through the platform.