The ready-to-wear brand specializing in Kaporal jeans, which employs 534 people and has 113 stores in France, announced on Tuesday that it was going to request its placement in receivership to face "unprecedented economic
difficulties
" .
“
For many years, the company has faced unpredictable and unstoppable external elements
”, writes in a press release the Marseille brand, citing the consequences of the demonstrations of “
yellow vests
”, the Covid-19 pandemic, “
strikes successive ones
", and of the "
inflationary shock
" notably due to the war in Ukraine.
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99 million euros in turnover in 2022
The group's employees were informed on Monday that the company was going to "
request the opening of receivership proceedings for its benefit with the Marseille commercial court
".
“
The search for a new investor has so far not succeeded, forcing the company to take a mandatory management decision.
Indeed, in facts and figures, the Kaporal group is no longer able to assume the payment of its debts on its own.
The company will thus use a legal tool made available to companies facing difficulties
,” explains the group.
Created in 2004 by a Marseille family already specialized in jeans, the Kaporal brand now has 113 stores in France and generated 99 million euros in turnover in 2022. The ready-to-wear sector in France has been shaken for several months by a violent crisis, which resulted in particular in the liquidation of Camaïeu in September 2022 and the placement in receivership of Go Sport, Gap France and Kookaï at the start of 2023. On February 20, c is the San Marina shoemaker which was placed in compulsory liquidation, dragging 650 employees down with it.
