The ongoing crisis, triggered by Coronavirus outbreak, is also affecting Repetto, in France, which is about to lay off 51 employees. In the meantime, in Germany, Peter Kaiser seeks investors to pick up. In mid-September, the company filed for protection from creditors before the local Court.
Repetto’s ballerina shoes
Repetto (in the picture, left) is an historic manufacturer of ballerina shoes and high-end footwear. The company, founded in 1947 and headquartered in Paris, manufactures in Saint Médard d’Excideuil, in the region of Dordogne. 140 people are currently employed here: the company has recently announced 31 redundancies. 20 more layoffs will affect the retail work staff. As reported by witfm, CFDT (Confédération Française Démocratique du Travail) trade unions claimed that the dismissal of 31 workers would be a heavy blow for the municipality, whose overall number of residents amounts to about 500. The managers of the shoe factory have met up with some representatives of the trade unions: so far, they have not reached an agreement yet.
Peter Kaiser seeks investors
The top managers of Peter Kaiser (in the picture, right), a women’s shoes factory, are currently negotiating with several potential investors. However, the company’s consultants, who are supporting the business in its reorganization, believe that no solution will be found ahead of the end of the year. The news has been reported by Rheinpfalz: on December 1st, Peter Kaiser will undergo an insolvency proceeding. For the records, last September 14th the company filed for protection from creditors before the local Court of Pirmasens.