The worse is yet to come.
Commercial clerks have a front row seat to take the pulse of French companies, in this case small businesses.
According to the consolidated figures of the commercial registries and by retaining the three sectors of activity which are
"accommodation and catering"
, "the retail trade (food, mini-markets, supermarkets, bookstores, shoe stores, etc.) and trade in connection with motor vehicles and motorcycles and
"other service activities"
(repair of shoes, furniture, watches, but also hairdressing),
“5,662 bankruptcy proceedings were opened between March and October 2020, compared to 8,418 over the same period in 2019, a drop of nearly a third.
The most significant stalls are observed during periods of confinement (April-May then October) ”
.
Read also:
The clerks crisis worsens with confinement
Finally, among the three types of collective proceedings, such as safeguards, judicial reorganizations and judicial liquidations,
“the latter,
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