Overview
- The tribunal des activités économiques de Paris followed the court-appointed administrator’s recommendation to prolong the observation period rather than appoint a new manager.
- The time extension focuses on evaluating two takeover proposals already filed, with the possibility of inviting further offers.
- The operating company was placed in redressement judiciaire for cessation de paiements on 18 September 2024 after accumulating roughly €1.6 million in unpaid debts.
- Strong attendance and support from public partners and luxury brand Saint Laurent did not resolve the company’s financial shortfall.
- Longstanding disputes between 50-50 associates Charlotte Gainsbourg and Dominique Dutreix frame the case, and an appellate ruling in December ordered Dutreix to reimburse €988,383, including €505,683 as a current-account advance.