Overview
- The shoemaker, which announced the shutdown Wednesday, will keep stores open only to clear stock at 60% off through May 30.
- Online orders are already suspended as the company winds down operations following years of shrinking sales.
- Minelli reentered a French court-run restructuring in spring 2026, and a handful of bids filed with the Paris commercial court mostly targeted one or two of the 21 shops, leaving no full buyer for the chain.
- The brand reported a €3.7 million loss in its last published year and now employs 86 people, a steep fall from about 600 staff before its 2023 rescue into the smaller ‘Maison Minelli’.
- Industry groups and reporters link the failure to rising rents and costs, fewer shoppers in city centers, and pressure from low-cost online platforms, with the sector’s federation warning that 50,000 to 80,000 retail jobs could vanish by 2030.