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30 Jun

Jean-François Palus Receives French Order of Merit

TEAM SPIRIT: Jean-François Palus, second-in-command at French luxury group Kering since 2008, would most definitely applaud this fashion trend: Rugby shirts made a minor comeback through the recent men’s fashion weeks for spring 2024. Palus was captain of his university rugby team, and the game seems to have shaped him as an individual, and a business leader, an audience in Paris heard Thursday night as the manager was decorated with an Ordre national du Mérite, a French honorific for distinguished civil achievements. Serge Weinberg, chief executive officer of Kering’s precursor PPR until 2005, did the honors, pinning the vivid blue medallion on Palus’ left lapel in front of a crowd that included Kering chairman and CEO François-Henri Pinault, sustainability executive Marie-Claire Daveu,...
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30 Jun

U.K. Court to Issue Wind Up Order for London

LONDON – The Vampire’s Wife, a fashion brand known for its flowing sharp-shouldered dresses and gothic charm, is ready to be placed into receivership by the British courts next month. An organization statement confirmed that U.K. Revenue and Customs officials have issued a winding-up order for the corporate, with a court date set for July 12. A winding up order is issued when a British court decides that an organization cannot pay its debts. An officer of the court, or receiver, is then put accountable for winding up the corporate. The officer freezes an organization’s bank accounts and sells its assets. The statement said the wind-up order was on account of “debt built up as a consequence of lockdown strategies to tackle the...
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