Le Château, Made in Canada
Made in Canada: Unparalleled craftsmanship
From Ball Robes to Hospital Robes: We’re there for Canada’s entrance line employees.
MONTRÉAL, July 03, 2020 (GLOBE NEWSWIRE) — Le Château Inc. (the “Firm”) (TSX VENTURE: CTU) as we speak introduced it has begun the manufacturing of as much as 500,000 hospital robes in partnership with Logistik Unicorp Inc. and its contract with the federal authorities. All of the robes might be manufactured in Canada.
“Le Château has traditionally manufactured roughly 30% of the Firm’s attire in its personal Canadian manufacturing services and has the capabilities to effectively and promptly ship this very important order. We’re proud to be a part of Canada’s resolution to the present well being disaster that has gripped the nation since March. The previous few months function an essential reminder of the strategic significance of getting domestically primarily based manufacturing. All Le Château workers are honoured and proud to work on this significant challenge. Our front-line well being employees should be protected to the fullest and we’re excited to contribute on this method to their well-being,” said Le Château.
Le Château is a Canadian specialty retailer and producer of completely designed attire, footwear and equipment for modern and style-conscious men and women, with an intensive community of 124 prime places throughout Canada and an e-com platform servicing Canada and the U.S. Le Château, dedicated to analysis, design and product improvement, manufactures roughly 30% of the Firm’s attire in its personal Canadian manufacturing services.
This information launch might embrace forward-looking statements regarding the Firm and/or the atmosphere by which it operates. These forward-looking statements are primarily based on, amongst different issues, the Firm’s present expectations. These statements should not ensures of future efficiency and contain dangers and uncertainties which can be tough to foretell and/or are past the Firm’s management. A variety of elements might trigger precise outcomes and outcomes to vary materially from these expressed. These elements embrace the magnitude and size of financial disruption ensuing from the worldwide COVID-19 outbreak; liquidity dangers; the power of the Firm to proceed as a going concern; the power of the Firm to efficiently implement its enterprise initiatives and whether or not such enterprise initiatives will yield the anticipated advantages; modifications in client spending; basic financial circumstances and regular enterprise uncertainty; seasonality and climate patterns; modifications within the Firm’s relationship with its suppliers; fluctuations in international foreign money alternate charges; rate of interest fluctuations and modifications in legal guidelines, guidelines and rules relevant to the Firm; and the danger elements set forth in different public filings of the Firm, together with the annual Administration’s, Dialogue & Evaluation of the Firm dated Could 27, 2019 and word 2 of the unaudited interim condensed consolidated monetary statements of the Firm for the nine-month interval ended October 26, 2019. The foregoing record of danger elements shouldn’t be exhaustive and different elements might additionally adversely have an effect on our outcomes. Due to this fact, readers mustn’t place undue reliance on these forward-looking statements. As well as, these forward-looking statements converse solely as of the date made and the Firm disavows any intention or obligation to replace or revise any such statements on account of any occasion, circumstance or in any other case besides to the extent required beneath relevant securities regulation.
For additional info
Emilia Di Raddo, CPA, CA, President (514) 738-7000
Johnny Del Ciancio, CPA, CA, Vice-President, Finance, (514) 738-7000
MaisonBrison: Pierre Boucher, (514) 731-0000
Supply: Le Château Inc.
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