The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
PARIS, France — French fashion house Carven, which dressed cabaret queen Edith Piaf, is filing for bankruptcy protection, a spokesman for the company, which employs 100 people, said on Wednesday.
Carven, founded in 1945 by Carmen de Tommaso, took the world of fashion by storm in the 1950s with pink chequer dresses, counting among its most illustrious clients Parisian singer Piaf.
"Carven is in default on payments and will on Wednesday be asking to be placed under bankruptcy protection of the Paris commercial court via receivership procedures," a Carven spokesman said.
The fashion house dressed Air France flight attendants in the 1970s before falling on hard times the following decade, only to rise from the ashes in the first decade of the 21st century.
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Annual sales plunged to 20 million euros ($23.4 million) in 2017, half of the level in 2014, when the firm's artistic director left and its fortunes took a new turn for the worse.
By Pascale Denis and Brian Love; editor: Richard Lough.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
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