The ready-to-wear brand Celio, which employs more than 4,000 people worldwide, asked the Paris Commercial Court on Monday to be placed under safeguard procedure because of the economic consequences linked to the Covid crisis- 19.
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" The sudden closure for two months of its 1,585 stores worldwide (...) resulted in a loss of turnover for the group of almost 100 million euros between March and May 2020, " Celio said in a communicated.