Clothing for Modern Times ("CMT")

Clothing for Modern Times ("CMT")

CMT designed, produced and marketed trendy apparel styles for “fashion forward” men and women under the retail banners: Urban Behavior, Costa Blanca and Costa Blanca X.

They operated 116 leased store locations throughout Canada and had approximately 1,682 employees.

First under a BIA Proposal and then under CCAA, with Farber acting as Proposal Trustee and Monitor, CMT downsized the chain around its profitable stores and brands; self-liquidated inventory at certain locations; and ultimately, Farber sold the assets as a going concern in two separate transactions.