Le Journal du Textile in judicial liquidation
A source of information for the textile-clothing industry since 1964, Le Journal du Textile has requested its placement in judicial liquidation for lack of assets, FashionNetwork.com has learned. The weekly had been taken over in the summer of 2020 by the Bee Medias group headed by Thibault Leclerc (also a partner in the communication consulting firm Image7, editor's note).
The request for liquidation was made on Tuesday, November 29 to the Commercial Court of Nancy, as Alea Conseil, the publishing company of the magazine has its headquarters in Saxon-Sion in Meurthe-et-Moselle. Maître Pierre Bruart has been mandated to carry out this liquidation, which, according to the administrative documents communicated by the clerk's office, follows a situation of cessation of payment declared on October 26.
This liquidation puts an end to a media outlet that had been, for 52 years, piloted and developed by journalist Lucien Abra, who passed away in 2016. The leader had built a weekly magazine with an unrivalled reputation among professionals in the textile, fashion and luxury sectors. In 2020, the activity had been taken over in the form of "lease management" by the company Bee Medias.
Already existing in a digital version, particularly adapted for tablets, the magazine took an online format and begun to be published on a website that was updated daily. The amount of paper versions sent to print had also been reduced. However, like many other publications, Le Journal du Textile was let down by its lack of advertising opportunities, according to our information.
Contacted by FashionNetwork.com, Pierre Bruart's office said that it is still too early to discuss the rest of the procedure, particularly the potential transfer of the renowned "brand" that Le Journal du Textile had become in 58 years.
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