The women’s ready-to-wear brand from Roanne has ten years to repay its liabilities.
Since April 15, 2022, Devernois has been relieved of a significant weight. The women’s ready-to-wear brand specializing in knitwear has officially emerged from the receivership proceedings in which it has been immersed since February 2021 with its distribution subsidiary Sofrade. The Commercial Court of Roanne has indeed accepted the continuation plan proposed for Sofrade and Devernois SA. ” The remaining company liabilities will be repaid over a maximum period of 10 years “Says Devernois, which displays 4.6 million euros in debt. In the process, the brand plans to accelerate the pace and return to the path of growth and profitability this year. In the first quarter, its turnover is already up sharply, since it increased by 20% compared to the same period of 2021.
PC