Furthermore,
Casa, famous decoration furnishings brand,:
Julien de Rosa / AFP
The Casa brand announced at the end of March that it asked for its investment in receivership. Consequently, said then hoping to find “one or more buyers” for its points of sale.
Economy – nearly 600 employees on the tile. Nevertheless, The Bobigny Commercial Court announced this Friday. Furthermore, June 27, the judicial liquidation of a pillar of furnishings and interior decoration: the Casa France brand.
The court “Pronounce the conversion of the receivership procedure into compulsory liquidation without maintaining the activity of. For example, the casa, famous decoration furnishings brand, company”according to the decision consulted by AFP. Similarly, The brand with the green and white logo will therefore disappear. For example, A decision that “Leads to the final cessation of the activities of all the store stores in France. Similarly, as well as its support functions”confirmed Casa France in a press release.
“In this context. Similarly, all the shops are being closed”adds the chain, which held 145 stores across France, with nearly 600 permanent employees. According to Casa France, “The closure of stores is underway, under the responsibility of the liquidator. A rapid cessation of the activity is expected. The remaining stocks will be integrated into the liquidation procedure. under the responsibility of the liquidator, who may decide their transfer within the framework of the settlement of claims ”.
This judicial liquidation “Following the absence of recovery offers deemed admissible. sufficiently sustainable with regard to the casa, famous decoration furnishings brand, criteria defined by the Commercial Code”underlines Casa France. This outcome was expected: on June 11. the administrators of Casa France had indeed requested the placement of the company in compulsory liquidation, when it appeared that the takeover offers risked being declared inadmissible.
No less than nine offers had been submitted at the start. But none resulted. The reasons? Four were dismissed by the administrators. two were deemed inadmissible, one was rejected, and two buyers finally withdrew, specifies the Commercial Court of Bobigny. However. last March, the brand still kept hope: by announcing its investment in receivership, it said to hope to find “One or more buyers” For its points of sale.
Casa. famous decoration furnishings brand, – Casa, famous decoration furnishings brand,
“Failure of Casa International »
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 casa, famous decoration furnishings brand, from the Swedish giant IKEA and online commerce. The furniture sector had however experienced a post-Covid rebound, before stabilizing and then marking the plunge in 2024. Besides. the Casa group had closed or sold more than 10 % of its stores in Europe, as part of a recovery plan implemented in early 2024 and intended to reconnect with profitability in 2026.
Casa France also specifies to this day “A cash flow of 15 million euros (against 3 million euros at the opening of the procedure). which will allow a significant share of the liability to be paid in the context of compulsory liquidation”. The French subsidiary reminds in passing that “This liquidation is the direct consequence of the failure of Casa International. a Belgian subsidiary of the group, placed in liquidation in March 2025”. The Belgian subsidiary, “Historical entity “, Had been placed in liquidation in March. But casa, famous decoration furnishings brand, she “Centralized essential functions – logistics. computer, finance, purchases – without which subsidiaries, including Casa France, could not operate independently”.
This decision had therefore sounded as a first blow of grace for the French brand. born after the creation in 1975 in Belgium in Belgium of the first Casa store. The company. present in nine countries, has a network of 400 stores to date and has a total of more than 2,500 employees.
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