La Perla’s Luxury Lingerie May Not Be Over Yet as Italian Court Rules to Keep Business Going

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The La Perla lingerie brand has been put into judicial administration by an Italian court and is expected to present an industrial plan in two months.

A Bologna, Italy, court ruled last Friday in favor of putting the brand’s Italy-based manufacturing arm and subsidiary, Sabrina Carpenter Debuts as Skims Model in '90s-inspired Underwear Campaign

Meanwhile, La Perla Global Management U.K., the British company that owns the La Perla brand and its global assets, in addition to owning exclusive rights to sell La Perla-branded products, has been put into judicial liquidation in the U.K. A similar procedure has separately begun in Italy, given the U.K.-based enterprise’s control over its Italian subsidiaries.

“The opening of judicial administration is an important step forward in ensuring stability and continuity for the company,” said Adolfo Urso, Italy’s ministry of enterprises and Made in Italy.

As reported, last summer trade unions said workers had not been paid on a regular basis and they stood by the seamstresses’ side as the latter held a demonstration at the European Parliament in Brussels in January asking an Italian delegation of members of the Parliament to intervene to safeguard their jobs.

 

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