• Carven Files for Chapter 11 Bankruptcy, Seeks Buyer

    4 monthes ago - By Fashionista

    Carven has been placed in receivership by the Paris Commercial Court, similar to Chapter 11 bankruptcy protection in the U.S., and is seeking a new buyer. The news was first reported by French newspaper Les Echos on Wednesday and confirmed by WWD. A majority of Carven's stake was sold to Hong...
    Read more ...

     

  • Carven Files for Chapter 11

    Carven Files for Chapter 11

    4 monthes ago - By WWD

    PARIS - Carven has been placed into receivership and is looking for a buyer, a spokesman said on Wednesday.
    The French contemporary brand and its parent company, Société Béranger, have filed a voluntary petition with the Paris Commercial Court for the French equivalent of Chapter 11 bankruptcy protection, the spokesman said. This confirms a report in French financial newspaper Les Echos.
    The company, which was “already fragile,” was hit to the tune of several million euros by a delay in the production of its spring 2018 collection designed by Serge Ruffieux, which forced it to cancel...
    Read more ...