French Luxury Brand Clergerie’s Acquisition Offer Under Scrutiny, Faces Judicial Liquidation if Rejected

6月 24, 2023

In April of this year, French luxury footwear brand Clergerie faced financial difficulties once again and filed for bankruptcy judicial reorganization.
According to Agence France-Presse, Clergerie received at least five acquisition offers between the end of April and the end of May, but by June, only one offer remained.
On June 14th, the Commercial Court of Paris reviewed the sole remaining acquisition offer from American footwear manufacturer Titan Footwear for over two hours. The court is expected to make a ruling no later than June 29th. If the acquisition offer is not approved, Cl …