
Charles Jourdan liquidated, 197 staff get the boot.
Famous French maker of luxury shoes and boots [tag]Charles Jourdan[/tag] is history. Yesterday, the company has been declared bankrupt, leaving 197 workers out of a job. Attempts to sell Jourdan to an American company failed at the last minute.
From Wikipedia:
Charles Jourdan (1883-1976) was a French fashion designer born in the same year as Coco Chanel, and known best for his designs of women’s shoes starting in 1919. His name reached its greatest notoriety in the years since his death under the leadership of his sons, first with an emphasis on the use of innovative materials and later for more conservative designs. After 2000 the company went into decline and was sold to investment bankers.
Jourdan gained unintended publicity from the exposure of Imelda Marcos’ excesses in shoe fashion in 1986, among them many Jourdan stilettos.