Camaieu, in „cessation of payment”, requests his placement in receivership

The northern brand Camaieu declared itself Monday in „cessation of payment” and requested its placement in receivership, almost two years after its takeover by the Financière immobilière bordelaise, we learned from the management and the the Commercial Court.

The women’s ready-to-wear giant „has requested the opening of receivership proceedings with a continuation plan at the Lille Commercial Court”, and its situation will be examined during a hearing on Monday afternoon, a indicated the direction of Camaieu in a message to AFP.

„Camaieu’s request is motivated by an acceleration of the company’s difficulties and more particularly by the consequences” of a judgment of the Court of Cassation, dated June 30, „refusing traders to lower rents during the covid period. “, explained the management.

„The main objective of Camaieu’s request is to preserve the sustainability of the company,” she said.