Camaïeu in liquidation: here are the six stores that will close in the Toulouse area
By Guillaume Laurent
Published on
It’s a cold shower for the 2,600 employees of the ready-to-wear brand monochromebased on Roubaix (North). The Commercial Court of Lille pronounced on Wednesday September 28, 2022 the judicial liquidation of the famous sign, in front of employees in tears, two years after its takeover by its shareholder, Hermione People and Brands (HPB). 514 points of sale will close in total in France, including Six in Toulouse and in its close agglomeration.
The six stores that will close in the Toulouse agglomeration
In the agglomeration of Toulousethis decision will therefore lead to several dozen layoffs, and the outright closure of the following six stores:
- Le Camaïeu shopping center Saint Georges, in Toulouse city center
- The Camaïeu of the shopping center of Labege
- Le Camaïeu at the Leclerc shopping centre, Rouffiac-Tolosan
- The Camaïeu of the Carrefour shopping center, Portet-sur-Garonne
- Le Camaïeu at the Leclerc shopping centre, castling
- The Camaïeu of the Super U, at Colomiers
“Gravediggers of Camaïeu”
By 2020, HPB had taken over more than 500 of the brand’s 634 stores in France, and had given itself two years to restore balance to the brand, founded in 1984. But that was without counting on the health crisisbut also a cyberattack which sealed its accounts… At the end of June, a judgment of the Court of Cassation had imposed on merchants to pay unpaid rents during the Covid pandemic. For Camaïeu, the painful amounted to 70 million euros out of a total of approximately 240 million in debt. The shareholder said he was ready, like the Hauts-de-France Region, to invest more money to avoid liquidation, if the State gave him financial support. But Bercy had judged that it could “in no case replace the shareholders”.
Three days of liquidation were granted by the Commercial Court of Lille in order to sell off the stocks as much as possible before the final closure. All Camaïeu shops will definitely drop the curtain on Saturday 1uh October evening.
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