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Sonia Rykiel to enter receivership

Harper's Bazaar
30 April 2019

Sonia Rykiel has entered receivership, a process in which a legal custodian is appointed to control a company's assets because it has no money. The label's owners, French Heritage brands, is currently seeking a buyer.

WWD reports that a French commercial court has placed the fashion house into administration until June while it examines offers for the brand.

Read the full article on Harper's Bazaar.

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