The administrator appointed to find buyers for Pronuptia, placed in compulsory liquidation in September 2019, failed in his mission. The Laval (Mayenne) commercial court ended up rejecting the two takeover offers presented this Tuesday, February 4, 2020. “The activity therefore stops for the company and its 234 employees” specifies the regional daily West France.
“Since the beginning of the year, we have lost more than 10% of our turnover,” said Philippe Macé, president of the Pronuptia group, when it was placed in compulsory liquidation. “The number of marriages has never been so low and our three biggest months of the year (January, February and March) were marked by the movement of yellow vests” he lamented at the time.
“This year, we did not make a result and we could not honor the payment of the debt. The sanction is the liquidation”, he explained to justify the fall of the company that he was leading. The group was in activity until December 4, 2019 and a legal administrator had been appointed to find buyers.
Pronuptia, which has 41 stores, was placed in receivership in 2012 and a continuation plan was adopted in 2013. The payment of its debt had been spread over ten years. He still had 9 million euros to repay, according to its president, debt he could not honor and which precipitated his fall.
There also remains, with the cessation of activity, the thorny question of customers who placed orders long months before D-Day with the company from Mayenne for their marriage. This is the case of a couple from the Ardèche, who had already paid more than 500 euros in advance for their marriage in July 2020. The bride and groom asked to be reimbursed without winning their case, said France Blue a few days ago.
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