IKKS

Minelli is a shoe retailer that has recently been placed in receivership (redressement judiciaire) for the second time in two and a half years. The company had previously undergone a similar procedure, which resulted in its acquisition. Despite this acquisition and efforts to stabilize the business, including 400 layoffs in 2023, Minelli has continued to struggle financially. Prior to the current receivership, the company was under a safeguard procedure since September. The renewed receivership highlights the ongoing difficulties faced by Minelli in a challenging retail environment, raising concerns about its long-term viability and future prospects.