Camaïeu in receivership: seven stores concerned in the Oise
The Lille Commercial Court placed the Camaïeu ready-to-wear brand in receivership on Monday, August 1. This decision follows the request of the Acam parent company. The goal for the textile brand is to “have an observation period and then present a continuation plan, in order to continue the transformation initiated by the group and thus ensure the sustainability of the company“.
Two years after its takeover by Foncière immobilière bordelaise, the company based in Roubaix (North) therefore finds itself, again, in turmoil. The company finds itself in cessation of payment after “a wave of successive major and unprecedented crises due to the COVID crisis, repeated confinements involving a notorious slowdown in the activity of the textile sector and the disorganization of global transport.” To this are added, still according to Camaïeu, “an exceptionally large cyberattack, as well as the consequences of the war in Ukraine and the increase in the price of raw materials and all cost items“, who “increased the difficulties“.
2,600 employees in France
In addition, the sign finds itself, since June 30, in the obligation to pay the rents in arrears. In June, it announced that it was no longer able to pay landlords for the occupation of stores, and then “ask for a drop in their rents from the COVID period“. Three judgments of the Court of Cassation require them to settle these debts.
If, for the moment, no concrete measure has been announced concerning the future of stores and the employment of employees, the unions have been worried for several weeks. Camaïeu employs nearly 2,600 people in more than 500 stores. There are seven in the Oise: in Creil, in the Cora shopping center in Saint-Maximin, in Chambly, in Senlis, in the commercial area of Compiègne / Venette and two in Beauvais.
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