CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for LXRandCo Inc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

LXRandCo Inc
7399 Boulevard St Laurent
Phone: (800) 176-40521p:800 176-40521 MONTREAL, QC  H2R 1W7  Canada
Filed for Bankruptcy on 11/5/2023
On 10/6/2023, LXRandCo, Inc., LXR Luxury Products International Inc., Groupe Global LXR Inc., and LXR Canada Inc. filed a Notice of Intention to Make a Proposal pursuant to the Bankruptcy and Insolvency Act (Canada)(BIA)
KPMG Inc. has been appointed as the proposal trustee of the Companies.
On 11/3/2023, the Superior Court of Quebec issued an order appointing KPMG Inc. as Receiver to the property of LXR Produits de Luxe International Inc., LXR Canada Inc. and Groupe Global LXR Inc. (the "Debtors") under section 243 of the BIA.
On 11/5/2023, LXRandCO Inc., LXR Canada Inc., Groupe Global LXR Inc. and LXR Luxury Products International Inc. (the "Debtors") filed an Assignment in Bankruptcy due to the non-filing of the Proposal. KPMG Inc. was appointed Trustee of the Estate of the Debtors.
On 11/10/2023, FASHIONPILE acquired the inventory, intellectual property assets, and other intangible assets of LXR Luxury Products International Inc., Groupe Global LXR Inc., and LXR Canada Inc.
This company is no longer actively traded on any major stock exchange.
Business Summary
LXRandCo, Inc. is an omni-channel retailer of pre-owned handbags and personal accessories. The Company is engaged in providing consumers with branded luxury products, namely Hermes, Chanel, Louis Vuitton, Gucci, Prada, Ferragamo, Miu Miu, Cartier, Dior, and Chloe, among other brands. The Company provides consumers with branded luxury products by promoting their reuse and by providing an environmentally responsible way for consumers to purchase luxury products. It sells directly to consumers through its Website at www.lxrco.com and indirectly by powering the e-commerce and other platforms of key channel partners. Its omni-channel model is also supported by retail 'shop-in-shop' experience centers and by wholesale activities with select retail partners across North America. The Company's retail operations include approximately eight stores in Canada.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202312/31/2022Yes----

Industries
SIC Code Description
5948 Luggage and leather goods stores
5632 Women's accessory and specialty stores

Subsidiaries
Business Name Address City State/Province Country
LXR Canada Inc. 7399 St Laurent Blvd Montreal QC Canada

Business Names
Business Name
GBG
GBG.A
Groupe Global LXR Inc.
4 additional Business Names available in full report.

General Information
Outstanding Shares: 91,425,499 (As of 6/30/2023)
Stock Exchange: TSE


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Monday, November 4, 2024