Overview
- Minelli, converted in March 2026 from a safeguard to redressement judiciaire by the Paris economic court, is now in cessation of payments under judicial oversight.
- Redressement judiciaire in France is a court-run insolvency process that seeks to keep a company operating while it restructures its debts and operations.
- The brand was folded into “Maison Minelli” in 2024 by three buyers, including clothing label Mes Demoiselles Paris, after an earlier insolvency case in 2023.
- The latest published accounts show a €3.7 million loss in 2024–2025, and about ten of the boutiques taken over in 2024 are reported as unprofitable.
- Staffing was cut to under 200 from about 600 after the 2024 takeover, reflecting deep strain in a sector where chains like Claire’s, Jennyfer, Okaïdi, and IKKS face pressure from ultra-low-cost online rivals such as Shein.