BARBARA BUI places itself under the protection of the Commercial Court to continue its activity

The company BARBARA BUI (FR0000062788 - Mnemo: BUI) is facing cash flow difficulties and is placed under the protection of the Paris Commercial Court. This decision aims to take the necessary time to restructure its debt.

The Court opened a judicial recovery procedure on July 4, 2024. The objective is to sustain the activity and maintain jobs via a recovery plan to be presented after a six-month observation period.

BARBARA BUI, which is looking for financial partners, has appointed the BCM firm, represented by Maître Charles-Henri Carboni, as receiver. In 2023, the group achieved a consolidated turnover of €12 million, an increase of 10% compared to 2022. In the first half of 2024, the activity of its own stores increased by 13%.

The company's business partners will be paid without delay during the receivership period. The company will present a favorable plan to its creditors in accordance with the law. Trading of shares resumes on July 8, 2024.