Garage (clothing retailer)
Clothing store in America and Canada
Clothing store in America and Canada
Garage is a clothing store, primarily targeting young women. Founded in Montreal, Canada in 1975 as a subsidiary of Groupe Dynamite, Garage currently has locations in Canada and the United States. In 1975, Garage Clothing was established as a Groupe Dynamite subsidiary. Andrew Lutfy, a Montreal billionaire businessman who began working as a stock clerk at the first Groupe Dynamite store in 1982, is the owner of Groupe Dynamite. Lutfy became the sole owner of Groupe Dynamite by 2002. In September 2020, Garage's parent filed for creditor protection under the Companies' Creditors Arrangement Act. They did this as a direct result of the COVID-19 crisis, in order to reorganize its financial and business problems. Early in 2020, Groupe Dynamite, Inc. was once again surpassing expectations following record performance in 2019, but COVID-19 put an unanticipated and unsustainable pressure on the company. The Montreal-based retailer and its Board of Directors were forced to confront the reality.
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