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Inflation and tariffs a double whammy for retailers

Published: 25 September 2025

Montreal-based clothing retailer SSENSE has filed for creditor protection. As recently as 2021, the company was valued at US$4 billion. ā€œFor retailers, it’s been a double whammy,ā€ the Bensadoun School of Retail Management’s Executive Director Charles de Brabant told the BBC. ā€œInflation squeezed consumers, and U.S. trade policy changes have made it for a difficult landscape for retailers.ā€

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