It really saddens me to hear that the Montreal-based company, Jacob Inc, has filed for bankruptcy and will be closing all stores across Canada after 35 years. In the next few weeks, they will be liquidating inventory at the remaining 92 stores.
This news hits home on a very personal level. Jacob is where it started for me and my career. Words cannot even express what this women’s clothing retailer instilled in me. The values, the techniques, the business…I can say that I am rich in experience and knowledge after 7 dedicated years. I will never forget the wonderful memories created with such a loving team and family. I would not be the person I am today without Jacob Inc. and it will be a part of my life always. I’m forever grateful!
Here are some looks from their lookbook.
President and founder, Joey Basmaji, in a statement:
“Although we did not achieve the desired result, I am proud of the passion and dedication that the Jacob team showcased over these past few years while trying to bring the company back to financial health,”
“I would like to sincerely thank each employee and business partner that contributed to our success during these 35 wonderful years. I hope that the remaining Canadian retailers will get through these difficult economic times.”
What are your thoughts?