An early Christmas for Bentley

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

An early Christmas for Bentley

Canada NewsWire

MONTREAL, Dec. 13, 2019 /CNW Telbec/ - Bentley has successfully navigated court proceedings and has a go forward position with many years of growth to come.

Bentley confirms that following Court Proceedings last week it has gained the necessary backing from its Lenders and key stakeholders to exit Court protection. The support of Bentley's employees, landlords and suppliers was critical in making the restructure successful and provide Bentley with new credit lines and a strengthened balance sheet. This important step assures the long-term future of 163 stores and the employment of 1300 Canadians.

Walter Lamothe, Bentley's CEO & President, commented "The last couple of weeks have been very difficult for all our employees, particularly with the holiday season so close.  We were pleased to be able to end the uncertainty faced by our staff, although clearly it is very sad that we were unable to save all the stores.  Our focus now, is to craft a unique position for Bentley in the market place.  The entire Bentley team is grateful to continue to support the communities they have catered to for so many years, and we look forward to a new generation discovering the expertise we bring in travel goods and day to day solutions for carrying personal belongings away from home."

ABOUT BENTLEY
Bentley is the #1 destination for luggage and every-day bags across Canada. We strive to help customers build lasting memories through an assortment of curated collections catering to life on the go.

SOURCE Bentley Leathers Inc.

View original content: http://www.newswire.ca/en/releases/archive/December2019/13/c5851.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).