Canadians working in the curls of salons, spas and other service providers based in Bay and its Saks Fifth Avenue and Saks Fifth Saks Shops are likely to lose their work, and employees will hire some brands to manage cosmetic beams, jewelry or fashion shops.
People whose companies sell goods to the Gulf, and thus lose one of their main sources of income, can also find themselves in a hot chair, as well as 9,364 retailer employees.
“As serious as the situation (payable) of a direct impact on Bay employees, the consequences are much larger,” said Lanita Layton, a luxury and retail consultant and former Vice -President in Holt Renfrew.
She and other players in the retail sector are planning a hard wound for the labor market in a country with 74 La Baie d’usson shops, two Saks Fifth Avenue stores and 13 Saks outside the fifth in June, after months of liquidation. The current liquidation plan has allowed six facilities to survive, but the company is still looking for rescue solutions.
Mike Purkis, president of the Caulfeild Apparel Group, believes that a decline in Hudson Bay will cause so many losses outdoors as inside society.
His company, owned by Marques Joe Boxer, Modern English and Benson, reduced his workforce before Hudson’s Bay was under the protection of his creditors last month.
“Hudson’s bay is in trouble for two years. We did not know when it would happen (his disappearance), but we planned it. In the last 18 months we have realized and recalibrated our activities to protect us as much as possible,” Purkis said.
It does not provide a new reduction in employees, but thinks shares management companies are likely to be affected.
These companies ensure that the goods are sent from the loading waterfront to store stores and are properly arranged.
Caulfeild canceled his services as soon as the reputation of liquidation appeared.
“I think they are facing a sharp decline in activity,” Purkis said.
It also provides losses of jobs that affect people who clean the parking lots and aisles, clean windows and even manage shop infrastructure such as mechanical stairs and lifts.
There are also companies that counted with a retailer to sell 100 % of their goods. Mr. Purkis thinks that for many it will be difficult to find other shops ready to store their goods, even if they are trying to get back their losses with Hudson Bay, whose list of creditors extends to 26 pages and owes almost a billion dollars.
“Some companies on this list are probably no longer active,” he said. I don’t know how some people can handle such an important blow. ”
Insecure magic
John Nguyen is sure that his business will survive the closure of the bay, but admitted that some employees may not maintain a job.
The President and CEO of the Hair Republic channel operates four facilities, including one in Hudson Bay at Rideau, Ottawa and others in Sherway Gardens, a retail store in Toronto.
They are not afraid of Ottawa’s staff because it can be converted to other hair in the city, but he said that some support employees would be rejected.
It is not certain about the fate of its employees in Toronto, because the living room has an entrance at the Gulf and the outdoor entrance. The owner could therefore allow maintenance of activities after closing the department store.
When employees ask what to expect is optimistic.
“Especially in this period of lack of work we do not want to scare anyone and push us prematurely,” said Mr. Nguyen.
In other companies, workers already have a final answer.
Estée Lauder’s Conglomerate of Estée Lauder told the Canadian press last month that employees had not been supervised by Mac in Hudson Bay since May 31, without determining whether the workers were released.
“We remain deeply determined to our consumers and our employees in Canada and make this crossing with the greatest respect and most attention for our teams,” Estée Lauder said in a press release.
Jeremy Herman, associated with a lawyer Samfira Tumarkin LLP, said he received up to 20 Estée Lauder employees who told him he had released them.
He suspects Mrs. Layton that the same might happen that workers sometimes hired by luxury brands to supervise their beams or Saks.
“Rent shops are probably interested now:” What happens to our employees? “Says Mrs. Layton. With a little luck they will be able to replace them in the other of their shops, but there is also a risk of loss.”