The San Marina shoe brand, formerly owned by the Vivarte group and which employs 680 people in 163 stores in France, has requested that it be placed in receivership by the Marseille commercial court, it announced in a press release on Tuesday. .
San Marina, based in Gémenos in the Bouches-du-Rhône, says in particular that it has suffered the repercussions of the judgment of the Court of Cassation which forced, last June, the so-called non-essential traders and who had had to keep their doors closed during the confinement of spring 2020, to pay their rents.
Hearing Thursday
"After a disappointing summer season for the market", completes the company, it "is requesting the opening of a receivership for its benefit with the Commercial Court of Marseille".
The hearing is scheduled for Thursday and “a judgment will be rendered shortly after this hearing”.
San Marina, which says it is "not in a position to assume at the same time, in particular, the payment of its current rents and the immediate repayment of its debt due", intends to propose "a recovery plan which will include a repayment spread over a maximum duration of ten years" of debts dating from before the reorganization procedure.
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The Commercial Court
Marseilles
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Shoe
Legal redress