The Lille Commercial Court examined this afternoon the shareholder’s continuation plan and decided: the North company is placed in judicial liquidation, two months after the placement of the sign in judicial administration, as a result of a hearing that same day on the Submitted continuation plan. by its shareholder, HPB.
This northern prêt-à-porter giant employs 2,600 people, in forced liquidation “Justice turns recovery into forced liquidation,” said its president, bringing tears to the employees who came to listen to the deliberations. The shareholder of the brand, together with the Region, had tried until the last moment to avoid this outcome by claiming state aid.
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Source: BFM TV
