By and  on March 29, 2010

Huit Diffusion, owner of the Barbara and Huit lingerie and swimwear brands, has filed for the equivalent of Chapter 11 bankruptcy protection in France.

The company said it is seeking new investment partners. In February, it cited a drop in sales and reduced cash flow after its 2009 acquisition of Barbara, another privately owned brand, for an undisclosed sum.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus