PARIS – Charles Jourdan, the troubled French luxury footwear and accessories brand that filed for the French equivalent of Chapter 11 bankruptcy protection in September, is being liquidated by the French commercial courts.

 

The disclosure Monday came after the American group Omnicient, which was the last candidate for the purchase of Jourdan, decided to step away from the negotiating table.

 

Rick and Kathy Hilton – the parents of Paris and Nicky – are investment partners in Omniscient and were interested in the luxury shoe brand to launch a Kathy Hilton by Charles Jourdan line of shoes.

 

For more, see Tuesday’s issue of WWD.

 

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