PARIS — Les Atelières, an association of ex-Lejaby lingerie workers who set up their own plant in late 2012, will be forced into bankruptcy before the end of March if it does not receive 800,000 euros, or $1.1 million at current exchange, in funding.
The cooperative company (Société Coopérative d’Intérêt Collectif, or SCIC, which translates as community-oriented cooperative enterprise), which specialized in small orders of high-end corsetry, had received promises of funding from the state as well as support — and orders — from an industry keen to support French manufacturing.
The firm did not get the necessary backing from banks, which did not consider the initiative as potentially profitable, a spokeswoman for Les Atelières explained.
The company will go before a commercial court on Friday, after which its assets could be sold off and employees laid off within 10 days, she said, if there is no concrete promise of funding before then.
“We have plenty of orders,” she said. “A new one arrived just this morning.”
Maison Lejaby, which despite laying off workers after its takeover by a consortium led by Alain Prost in January 2012, had been one of Les Atelières key customers, issued a statement in support of the cooperative.
“[Maison Lejaby] will lose a precious partner, anchored in a ‘made in France’ industrial strategy with the will to promote exceptional French savoir-faire,” the firm stated.
“Although Maison Lejaby has no capital relationship with Les Atelières, it has nevertheless supported it via the loan of material, technical assistance and regular orders.”
“We are calling on the government to tell us if there is a future for textile manufacturing in France, that is what is at stake, and we cannot move forwards without the support of the banks,” the spokeswoman for Les Atelières continued.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)