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2. Canadian retailers Danier Leather and Le Château having a rough year at the mall

from Toronto Star

From July 28: Danier Leather and Le Château, stores that have been fixtures in the Canadian marketplace for decades, are struggling as cheaper, faster fashion brands steam past them and online retailers gobble up market share. Danier Leather, with 86 stores across Canada, has hired Consensus Advisory Services, a boutique investment banking and financial advisory firm, to help it explore strategic alternatives after posting yet another steep decline in sales in the last quarter. more


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