COVID-19: “FAUCHON Paris” Bankruptcy Procedures: “Continue operation” of overseas business
COVID-19:
“FAUCH ON Paris”:
On June 23 (local time), we applied for reconstructive bankruptcy proceedings to the Commercial Court.
FAUCHON Japan’s Twitter account posts about the future of domestic business.
FAUCHON:
FAUCHON was founded in 1886
Starting from Madeleine Square in Paris, developing 73 stores and restaurants around the world
Famous for black tea, macaroons, chocolate, delicatessen, etc.
Landed in Japan in 1972. It is known as a brand of tea leaves and liqueurs, and has 30 stores in Japan.
COVID-19:
Due to the impact of COVID-19, sales have decreased significantly.
It was difficult to maintain the operation of real stores in Paris.
FAUCHON Japan: Twitter
FAUCHON Japan’s Twitter account commented at 22:00 on June 24th.
Closed one of two stores in FAUCHON Paris Paris Madeleine
FAUCHON stores operating all over the world will continue to operate
Kyoto’s “Fochon Hotel,” which is scheduled to open, will open at the end of 2020.
https://news.yahoo.co.jp/articles/9b034e7418a912c02bbc7653bc160c21ae7df2ff