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La Maison Simons: Difference between revisions

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== Company struggles ==
In February 2020, [[Canada Goose (clothing)|Canada Goose]] ended its wholesale agreement with La Maison Simons which accounts for millions in sales for the company.\ At the same time and through the COVID-19 pandemic, Simons was having troubles with credit insurance on deliveries and all stock from designers like Balmain had been moved to Simon's website. In August 2020, La Maison Simons claims to have regained profitability and sent letters to vendors in July assuring payment in full and fall deliveries will be delayed to preserve cash.<ref>{{Cite web|date=2020-08-05|title=Simons voit « la lumière au bout du tunnel »|url=https://www.lapresse.ca/affaires/entreprises/2020-08-05/simons-voit-la-lumiere-au-bout-du-tunnel.php|access-date=2020-08-11|website=La Presse|language=fr}}</ref>
 
==See also==