Overview
- Minelli, which had been under safeguard since September, saw that protection converted in March by the Paris economic court into redressement judiciaire, a status that confirms cessation of payments two and a half years after a first procedure.
- Published accounts show a €3.7 million loss for the 2024–25 financial year.
- A prior court ruling found about a dozen boutiques taken over by the new Maison Minelli owners were loss-making.
- About 200 jobs are now at stake after staffing fell from around 600 before the 2024 takeover to under 200.
- Industry groups blame ultra‑low‑price online rivals such as Shein, with TF1 reporting 23% fewer shoe stores in France in five years as more purchases shift online.