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Alinéa Faces Liquidation Risk After Buyer Pulls Out, Putting 1,200 Jobs in Jeopardy

A 5 March court hearing will decide whether any final bids can keep the brand alive.

Overview

  • Romanian group SDC Holding withdrew its takeover offer on 12 February, abandoning a plan that aimed to preserve about 575 positions.
  • Management says remaining proposals are only for store real estate, with unions estimating roughly 240 jobs could be saved and 11 locations having no offers.
  • Workers staged coordinated walkouts on Saturday at sites including Aubagne, Cabriès, Blagnac, Montpellier, Sainte‑Geneviève, Grenoble, Clermont‑Ferrand, Toulon, Herblay and Bègles.
  • The Marseille commercial court will review final bids on 5 March and is expected to rule about two weeks later, with widespread March closures possible if no global buyer emerges.
  • The Mulliez‑owned retailer reported a €47 million loss on €162 million in 2024 revenue after a prior 2020 restructuring, and employees are seeking stronger severance terms and redeployment within the group.