The Chaussexpo brand under threat of judicial liquidation

After Camaïeu, André, San Marina and even Kookaï, it’s Chaussexpo’s turn to find itself in the hot seat. The “low-priced family” shoe brand could be placed in compulsory liquidation in the coming weeks, reports local media Actu Perpignan.

On December 12, during a meeting of the company's social and economic committee (CSE), the “managers confirmed that it was the end but that there was life after Chaussexpo.. "This is what they say... They hope for a buyer...", reports the brand's CFDT union on its Facebook page. “There is no official date yet, we will know more in the coming days,” he adds, while relaying a link to help employees calculate their severance pay.

Without a buyer, all of the brand's nearly 180 stores could close the curtain, many of which are located in the north of France. And leave some 800 Chaussexpo employees in the lurch. In 2019, “after a decade of economic difficulties”, the company found itself in receivership, indicates the Chaussexpo website. Today, the company would face an accumulation of debts and could join the graveyard of brands hit by the clothing crisis.