Trump’s Decision on De Minimis Helped Sink Luxury Seller Ssense

The end of a duty exemption for small shipments to the US was the last straw for Canadian luxury fashion retailer Ssense, according to a court filing in the company’s bankruptcy-protection case.

A group of creditors led by Bank of Montreal were seekingrepayment from Ssense under Canada’s Companies’ Creditors Arrangement Act and force a sale of the company. Both sides reached an agreement instead to have Ssense file the application for creditor protection, Justice Andres C. Garin of the Quebec Superior Court said in an order.

“With the support of our lenders, we now have the foundation to ...