PARIS — Les Atelières, an association of ex-Lejaby lingerie workers who set up their own plant in late 2012, was put into compulsory liquidation.
The commercial court of Lyon, France, ruled on the fate of the cooperative during a hearing on Tuesday morning.
The court agreed to let the cooperative continue its activities until Feb. 18, a spokeswoman for the court told WWD.
This comes after the cooperative was forced to file for bankruptcy on Feb. 5.
The cooperative had raised 657,150 euros, or $748,100 at current exchange, in citizens’ donations in March 2014, as well as support from an industry keen to support French manufacturing.