HomeEconomyIn the Judicial Administration, the Furniture Brand set at its destination this...

In the Judicial Administration, the Furniture Brand set at its destination this Wednesday

Bobigny’s commercial court will decide on Wednesday about the acquisition offers of the bankrupt brand.

What future for Casa France? Placed bankrupt in early April, the furniture brand will be set at its destination this Wednesday, June 11, while the Bobigny Commercial Court will decide on several recovery offers.

For several weeks, the 143 group stores in France have been carrying out a festival operation. Among the employees, it is concern that predominates: “When we see employees who spent their entire life in a brand and during the night we close the doors … we are anxious,” testifies about RMC Elhadji Niang, general secretary of the CGT trade.

Nine partial acquisition offers of players from various distribution sectors have been studied. According to unions, most of the 600 employees and points of sale should not be saved.

2,230 employees in Europe

House difficulties are not new. Like many brands in the sector, the brand undergoes a slowdown in cases linked to the real estate crisis, the competition of the Swedish giant Ikea and online trade.

In early 2024, a house present in eight countries had already closed or sold 10% of its stores in Europe. The Belgian subsidiary also closed last March. It is you that supplied the 500 points of sale of the group that has 2,230 employees in Europe.

Author: Paul Louis
Source: BFM TV

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