Gordon Brothers and Hilco Merchant Resources began going-out-of-business sales at all Mexx stores in Canada on Friday.
The parent company was put into receivership earlier this month by a judge in Amsterdam. The judge also named Frits Kemp of Fort Advocaten as Mexx’s bankruptcy counsel.
The chain is owned by U.S. private equity firm Gores Group. While the Canadian stores are being shuttered, the European stores, so far, are still open. Gores said it has a lien on the brand and expects to secure ownership of it in the bankruptcy process. Gores took control of Mexx in 2011, when it acquired the stake from Liz Claiborne Inc., now known as Kate Spade Co.