Ready-to-wear brand Burton of London placed in liquidation. French chain of stores first benefited from a safeguard procedure then was placed in receivership during the summer of 2023.
No overall takeover offer had been presented to the judges responsible for the company's legal recovery case. The legal decision will probably lead to the closure of the stores as well as a social plan for the entire staff of the company, ‘around 250 employees’ In this eventuality, there could be offers to take over individual stores.