In default two years after its acquisition by the Financière immobilière bordelaise, the clothing giant Camaieu was placed in receivership on Monday by the Lille commercial court, its management announced.
“This decision should allow Camaieu, a historic French textile brand, to have an observation period and then present a continuation plan to continue with the transformation initiated by the group and thus guarantee the sustainability of the company,” it said in a statement. press release from the Hermione People and Brands (HPB) group, the FIB distribution division of Bordeaux businessman Michel Ohayon.
Unions fear “social harm”
The brand, which has 538 stores in France, had requested the opening of this procedure last Monday, declaring itself in default of payment, weighed down in particular by unpaid rent. This request was made “after a period of several months marked by a series of exogenous difficulties”, HPB developed.
“Already greatly weakened by this unprecedented series of events, Camaieu has had to face, since June 30, the ruling of the Court of Cassation, which denies merchants the right to request a reduction in their rents for the Covid period”, adds HPB.
“Even if the court validates a continuity plan, we know very well that there will be a reorganization of the workforce, therefore a social plan, therefore social damage”, reacted to Thierry Siwik, delegate of the CGT of Camaïeu. “To minimize this social damage we are going to build an action with the CGT HPB”, he added.
Source: BFM TV
