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Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

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Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

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Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

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Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

E

Duralex Glassworks Placed In Receivership

Illustration - The Duralex glassworks, whose reputedly unbreakable tableware is sold the world over, was once again placed in receivership on Wednesday, April 24, 2024. In 2022, the French company, which employs 230 people at its historic factory in La Chapelle-Saint-Mesmin (Loiret), was hit hard by soaring gas prices. It was temporarily rescued by a €15 million government loan. Paris, France, April 25, 2024. Photo by Marie Hubert Psaila/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil au meme Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil au meme Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil au meme Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Rennes, France on Mars 23, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Yannick Billioux/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil Au Meme Illustration of commercial signs and shops in Lyon, France on January 27, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Lyon, France on February 16, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

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Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil Au Meme Illustration of commercial signs and shops in Lyon, France on January 27, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Du Pareil Au Meme Illustration of commercial signs and shops in Lyon, France on January 27, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Lyon, France on February 16, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

E

Du Pareil Au Meme And Sergent Major In Receivership

Sergent Major Illustration of commercial signs and shops in Lyon, France on February 16, 2024. - Generale pour l'Enfant (GPE), parent company of the children's brands Du Pareil Au Meme (DPAM) and Sergent Major, was placed in receivership on 14 March. Last year, the children's clothing brand Du Pareil Au Même (DPAM) was placed in receivership and the Sergent Major brand was placed under safeguard procedure. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

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Total Liquidation At Go Sport Before Its Takeover By Intersport - Paris

Illustration of posters announcing the -60% total liquidation in Go Sport stores in Paris, France on January 8, 2024. Placed in receivership last February, Go Sport was bought by Intersport France three months later. The group is carrying out a total liquidation of its items in several of its points of sale. Photo by Pierrick Villette/ABACAPRESS.COM

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Total Liquidation At Go Sport Before Its Takeover By Intersport - Paris

Illustration of posters announcing the -60% total liquidation in Go Sport stores in Paris, France on January 8, 2024. Placed in receivership last February, Go Sport was bought by Intersport France three months later. The group is carrying out a total liquidation of its items in several of its points of sale. Photo by Pierrick Villette/ABACAPRESS.COM

E

Total Liquidation At Go Sport Before Its Takeover By Intersport - Paris

Illustration of posters announcing the -60% total liquidation in Go Sport stores in Paris, France on January 8, 2024. Placed in receivership last February, Go Sport was bought by Intersport France three months later. The group is carrying out a total liquidation of its items in several of its points of sale. Photo by Pierrick Villette/ABACAPRESS.COM

E

Total Liquidation At Go Sport Before Its Takeover By Intersport - Paris

Illustration of posters announcing the -60% total liquidation in Go Sport stores in Paris, France on January 8, 2024. Placed in receivership last February, Go Sport was bought by Intersport France three months later. The group is carrying out a total liquidation of its items in several of its points of sale. Photo by Pierrick Villette/ABACAPRESS.COM

E

Total Liquidation At Go Sport Before Its Takeover By Intersport - Paris

Illustration of posters announcing the -60% total liquidation in Go Sport stores in Paris, France on January 8, 2024. Placed in receivership last February, Go Sport was bought by Intersport France three months later. The group is carrying out a total liquidation of its items in several of its points of sale. Photo by Pierrick Villette/ABACAPRESS.COM

E

S. Korea's Daewoo Motor declared bankrupt

SEOUL, South Korea - Korea Development Bank Governor Uhm Rak Yong speaks at a news conference in Seoul on Nov. 8 after the bank decided to declare Daewoo Motor Co. bankrupt. Uhm said the Daewoo management will decide on whether the firm will apply for court receivership, which will install trustees. Daewoo failed to repay 88.7 billion won (about $78 million) in debts by the close of business on Nov. 7, including 44.5 billion won it had failed to repay the previous day.

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S. Korea's Daewoo Motor declared bankrupt

SEOUL, South Korea - Korea Development Bank Governor Uhm Rak Yong speaks at a news conference in Seoul on Nov. 8 after the bank decided to declare Daewoo Motor Co. bankrupt. Uhm said the Daewoo management will decide on whether the firm will apply for court receivership, which will install trustees. Daewoo failed to repay 88.7 billion won (about $78 million) in debts by the close of business on Nov. 7, including 44.5 billion won it had failed to repay the previous day.