Laura (clothing retailer)

Laura's Shoppe Inc. is a Canadian women’s wear boutique chain founded in 1930 by Laura Wolstein, the first Laura store was located on St. Hubert Street, Montreal.

Laura's Shoppe Inc.
Laura
Company typePrivate
IndustryRetailer for women's wear
Founded1930
1989 (Laura Petites)
1995 (Laura Plus)
1984 (Melanie Lyne)
2002 (Laura Superstore)
FounderLaura Wolstein
HeadquartersMontreal, Quebec, Canada
Number of locations
200
47 (Melanie Lyne)
71 (Laura Petites)
54 (Laura Plus)
18 (Laura Superstore)
DivisionsMelanie Lyne, Laura Plus, Laura Petites & Laura
Websitewww.laura.ca

Laura Canada remained a one-store operation until 1973 when Kalman Fisher, grandson of Laura Wolstein, and now President of Laura Canada, opened a second store in a small shopping centre in the Montreal suburb of St. Laurent. A third store was opened in Place Vertu in 1975, followed by another in les Galeries d'Anjou in 1976.

Filing for creditor protection

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In July 2015, Laura filed for creditor protection.[1] According to company's filing, the chain has liabilities of more than $20 million.[2] The chain restructured and emerged from protection four months after filing.[3]

The chain filed for creditor protection once again in 2020, during the global COVID-19 pandemic.[4]

References

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  1. ^ "Owner of Laura, Melanie Lyne seeks creditor protection". CBC News. 2015-08-05. Archived from the original on 2022-11-26.
  2. ^ Womenswear chain Laura files for creditor protection
  3. ^ [1]
  4. ^ [2]
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