Devernois liquidation: "Fashion is becoming polarised between low-end on one hand and luxury on the other, woe betide those who tread water in the middle"
The women's ready-to-wear company based in the Loire, a former glory of the 1990s, has three months to find a buyer. Its case illustrates the deadly dynamics of the market, torpedoed by ultra-fast-fashion, analyzes Isabelle Chaperon, columnist in the Economy department of Le Monde.
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
