The ready-to-wear brand Camaïeu again placed in receivership

History repeats itself: two years after its takeover by Financière immobilière bordelaise, the northern ready-to-wear giant Camaïeu, weighed down in particular by the health crisis, has again been placed in receivership by the Lille commercial court. .

The management told AFP to take note of the court’s decision “which pronounces the opening of a receivership procedure at the request of Camaïeu”. The brand, which declared itself last Monday in cessation of payment, said it was working “from now on the continuation plan”.

A liability of 91 million euros?

The objective of the company, which employs 2,571 employees in 538 stores in France, “is to preserve the activity of the company and the Camaïeu brand”, she added.

“This decision should allow Camaïeu, a historic French textile brand” to “continue the transformation initiated by the group and thus ensure the sustainability of the company”, developed Camaieu, which belongs to Hermione People and Brands (HPB), the distribution division of the FIB of Bordeaux businessman Michel Ohayon.

“The amount declared in liabilities by the company is 56 million euros”, but the commercial court “thinks it rather of 91 million euros”, specified to AFP its president, Eric Feldmann.