SSense news and archive

Ssense founders secure buyout approval

The founders of Canadian luxury retailer Ssense have secured court approval for their buyout offer, blocking a deal by lenders pursuing a liquidation of the company. The Quebec Superior Court notified the company’s advisor, Ernst & Young, that the bid submitted by the founders – brothers Rami, Bassel and Firas Atallah – alongside their strategic...

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Business

Ssense co-founders win bid for control over retailer

The co-founders of Canadian luxury platform Ssense have won their bid to retain control over the company. It has been confirmed that the parties have now entered into a definitive purchase agreement. In a press release, Ssense said it had been "notified by the court-appointed monitor that the bid submitted by its co-founders, Rami, Atallah, and...

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Business

Ssense founders reportedly join sales process, second round of job cuts initiated

A new report has suggested that the co-founders of Ssense have stepped in with a bid to potentially purchase the embattled e-tailer. According to an internal announcement seen via video and reported on by Business of Fashion (BoF), brothers Rami, Firas and Bassel Atallah have entered the sales process for the company they jointly launched back...

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Ssense founders keep control as company secures 40 million in interim financing

The Canadian e-commerce platform Ssense remains, for the time being, under the control of its founders. CEO Rami Atallah and his brothers Firas and Bassel Atallah won the first round of their legal battle with their creditors, allowing them to maintain control of the company’s operations and advance its restructuring under their leadership....

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Business

Ssense seeks bankruptcy protection to block creditor-led sale

Canadian e-commerce platform Ssense has filed for bankruptcy protection. The company is said to be submitting an application under Canada’s Companies’ Creditors Arrangement Act (CCAA), SSense confirmed in a statement to FashionUnited on Friday. The CCAA is a federal law comparable to bankruptcy protection that allows corporations to restructure...

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Ssense makes several appointments within management team

Fashion platform Ssense has announced internal promotions across its customer, supply chain and marketing departments as the brand continues its transformation and prioritisation of operational excellence while focusing on customer experience. Christine Sio, who was previously Ssense’s vice president of customer experience, will become chief...

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Report

Ssense names Haein Dorin as global head of partnerships

Luxury ecommerce platform Ssense has announced the appointment of Haein Dorin as global head of partnerships. Dorin joins Ssense after over five years at Highsnobiety where she most recently served as senior vice president and general manager. ‌ “I’ve been a long time admirer of Ssense’s buying direction and distinct point of view, and I’m...

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Business

Ssense launches community-focused initiative to mark 20 years

In celebration of its 20 year anniversary, Canadian retailer Ssense has announced the launch of Ssense XX, a series of projects and initiatives designed around community and commerce. The initiative looks to spotlight both friends of the company and its collaborators through limited edition collections, retail activations and merchandise that...

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Fashion

Ssense introduces cutting-edge generative AI chatbot enhancing shopper experience

Canadian fashion e-tailer Ssense has unveiled an advanced generative AI chatbot tailored to address the specific styling and shopping needs of its clientele. Ssense said its newly OpenAI plug-in revolutionises the realm of fashion and design recommendations, offering an interactive and conversational experience to users seeking personalised...

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Fashion

Ssense co-founders to be honoured at CAFA 2022

The Canadian Arts & Fashion Awards (CAFA) has revealed the official 2022 nominees for its eighth edition of the event. The nominees were announced by CAFA president Vicky Milner during a private reception at Toronto’s Design Exchange. Among the announcements, co-founders of multi-brand retailer Ssense, Rami Atallah, Firas Atallah and Bassel...

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Ssense reaches 5bn dollar valuation after first funding round since launch

Online fashion pureplayer Ssense has secured a minority investment from Sequoia Capital China, valueing the company at 5 billion Canadian dollars. The Montreal-based e-commerce giant is one of the industry’s leading online stores representing a dedicated mix of emerging talent, established streetwear and luxury. The investment is the first round...

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Retail

Ssense launches kidswear category

Luxury streetwear e-tailer Ssense has launched kidswear. The e-commerce platform has launched the category as part of its Ssense Kids initiative. The new products include gender-neutral clothing, accessories, and footwear for children with sizes ranging from 0-3 months to 14 years old. Ssense kids has officially launched toady with 15 brands...