KSV Advisory featured in CTV News article "Clothing retailer Mendocino files for insolvency, closing stores"
"Retailer Mendocino Clothing Co. has filed for insolvency and plans to close its stores to focus on online orders, adding to the growing list of Canadian businesses that are shutting their doors this year.
The Toronto-based women's wear brand filed a notice of intention on July 14 to make a proposal under Canadian bankruptcy law, according to documents posted on the website of the trustee KSV Kofman Inc.
While the company previously announced that it would be gradually reopening some of its 28 Mendocino and M Boutique stores across the Greater Toronto Area after closing in March due to the COVID-19 pandemic, it’s now started restructuring proceedings to shift most of its business online."