Home Business Canada's Jean Machine Is Closing All Its Stores

Canada's Jean Machine Is Closing All Its Stores

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VANCOUVER — Canadian apparel retailer Jean Machine Clothing Inc. will close down all of its stores by the end of winter because of losses.

Jean Machines president Lisa Hryciuk announced in a letter posted on the companys social media channels that 20 of its locations will be shuttered by Jan. 31 and another four will be gone by Feb. 28.

All of Jean Machines locations are in Ontario and it stocks apparel from Guess, Levis, Jack and Jones and Buffalo David Bitton.

Hryciuk says Jean Machines e-commerce offerings will remain open, but there will be no exchanges permitted for purchases made since Nov. 1.

Jean Machine filed for bankruptcy protection in January amid increased competition in the denim space from Uniqlo, H&M, Nordstrom and other newer retail chains.

Jean Machine has been around for 42 years and is owned by Vancouver-based Stern Partners Inc. through Comark Service Inc., which also owns apparel brands Bootlegger, Rickis and Cleo.

Comarks chief executive officer Gerry Bachynski tells News Me that the companys poor performance, despite recent restructuring is to blame for the closures.

“We continued to experience losses that ultimately we were reluctant to continue with,” he said. “The other thing that forced our hand was 10 of the 24 leases were terminating at the end of January and up for renewal, so if there was a time to wind the business up, it was the best possible timing.”

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