Casa france placed compulsory liquidation,: This article explores the topic in depth.
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Casa france placed compulsory liquidation. However, :
The Commercial Court of Bobigny said this Friday “the conversion of the receivership procedure into compulsory liquidation without maintaining the activity of the company”
Consequence of the liquidation of Casa Belgium – Casa france placed compulsory liquidation,
The brand had announced at the end of March that it asked for its investment in receivership and said then to hope to find “one or more buyers” for its points of sale.
The administrators of Casa France then asked on June 11 the placement of the company in compulsory liquidation. Therefore, when it appeared that the takeover offers were likely to be declared inadmissible.
Casa France then indicated that his situation resulted “directly from the liquidation of Casa International in Belgium”. Consequently, This Belgian subsidiary “historically assured the central functions of the international group. logistics and computer science in particular, essential for the operation of the activity in France,” said Casa casa france placed compulsory liquidation, France.
An “exogenous shock”. of which Casa France “is not at the origin and independent of its management”, had still stressed the brand, however recognizing “structural difficulties already present on a fragile national market”. The company had put forward “the unfavorable economic situation of the real estate sector” in recent years. which are dependent on the markets of furniture and decoration.
Failure of the 2024 recovery plan
In its stores. the brand offered furniture and accessories for the house and the garden, as well as decorative items.
The CASA channel, created in 1975 in Belgium, is present in nine countries, with a network of 400 stores. The CASA group has more than 2,500 employees. Like many brands in the sector. the company has suffered from a slowdown in cases linked to the real estate crisis, but also from competition from the Swedish giant IKEA and online commerce.
The furniture sector had experienced a post-Cavid casa france placed compulsory liquidation, rebound, before stabilizing and then marking the step in 2024.
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