The company, more than centenary, had been the first of the distribution to have been placed in receivership due to the COVVI-19 crisis.
mo12345lemonde with AFP
New setback for the André shoes. In early February, the Nanterre Commercial Court placed in receivership 1MONDE9, which has held the historic brand since 2020, learned the France-Presse (AFP) agency on Wednesday, February 8, confirming information from the economic media in Line the informed .
The company 1Monde9 declared the cessation of its payments on January 27 and requested the opening of a receivership procedure, which was done on February 2, according to the judgment of the court. 1MONDE9, based in Puteaux, in Hauts-de-Seine, employs, according to this document, 280 employees and claims a turnover excluding annual taxes of just under 31 million euros. The Nanterre Commercial Court has set up a next audience date on March 30 at 10 am, to “rule if applicable on the continuation of activity”.
It was already at the helm of a commercial court that the brand had been taken over by François Feijoo in July 2020, keeping only 55 stores (out of 180 points of sale) and 13 affiliates. His recovery plan then provided for the dismissal of just under 200 jobs.
André, a more than a century old, was the first distribution company to have been placed in receivership due to the COVVI-19 crisis, which had left its stores closed for long months. It was previously held by the Spartoo online sales site, and even earlier, by the old flagship of French textiles Vivarte, which was originally called Groupe André.
André is part of the long list of brands that belonged to the Vivarte group today faced with financial difficulties, such as Kookai, also placed in receivership in early February.