Charlotte Olympia, A Brand Of Cat'S Head High Heels, Filed For Bankruptcy Protection In The United States.

According to the world clothing shoes and hats net, Britain

The brand Charlotte Olympia has filed for bankruptcy protection in the United States and is seeking business restructuring. The debt burden is expected to be between $10 million and $50 million.

Charlotte Olympia was founded in 2008 by Charlotte Olympia Dellal.

Dellal is the daughter of Brazil supermodel Andrea Dellal and the British real estate tycoon. Her famous model sister Alice Dellal has worked with Kristen Stewart and Vanessa Paradis to shoot advertisements for Chanel.

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Founded in London, but the company is headquartered in New York, and has four stores in the United States, but now these four stores will be closed.

Apart from the United States, Charlotte Olympia also has a small number of retail businesses in other regions, such as Russia, Thailand, Arabia and the United Kingdom. It also has sales on the Net-a-porter platform and Farfetch, and also operates an e-commerce website.

Although the British and Brazil have two generations

Her qualifications in the fashion industry are not very deep, and the brand has been established for ten years, but her experience of the nostalgic style and maiden spirit of Hollywood has made the brand shoes once hit the bestseller list.

Like Christian Louboutin's red bottom, Charlotte Olympia also has its own logo design elements, and also on the soles - a three-dimensional gold spider web Logo.

The "Island" waterproof platform and ultra-high fine heel are also the identification elements of the brand.

"The higher the heel, the better the mood," the designer once said.

Compared with Jimmy Choo, Roger Vivier and so on, the Charlotte Olympia's playful and retro style is obviously more in line with the tastes of young people.

But in the past two years, the sports belt of "leisure sports" has turned ugly "ugly" sports shoes and flat shoes, and the retail environment of luxury goods has been depressed.

According to court documents, Charlotte Olympia hopes to "achieve an orderly liquidation of assets" and close its retail businesses while seeking a 410 thousand dollar loan to help companies tide over the difficulties.

According to public documents, the brand lost 3 million 320 thousand pounds in 2017, and the company lost 5 million 210 thousand pounds in the 2016 fiscal year of March last year, and its total sales fell to 18 million 640 thousand pounds in the 2017 fiscal year from 18 million 640 thousand in the previous year.

The average number of employees dropped from 52 to 46.

When the company submitted its report, it indicated that the company had reduced its losses through the integration of its London office through its subsidiary Theree14, and "fully implemented cost reduction measures to cope with the uncontrollable factors in the international macro environment of luxury goods".

Charlotte Olympia told the court that the company had been losing money for several years, while obtaining loans from Three14 was the only financial option for the company.

However, Bonnie Takher, President of Charlotte Olympia, insists that the bankruptcy filing in the US does not mean the whole brand is bankrupt, but is closing all the bankruptcy applications of all the stores in the United States.

Takher said in an email statement: "our stores in the United States are about to be closed, and the partnership of the company's business will be reorganized."

Earlier this year, the brand entered into a strategic partnership with Onward Kashiyama, which is an operator of Jil Sander, Joseph and J.Press. However, a spokeswoman for Onward declined to comment. It is unclear whether this is the partnership mentioned by Takher.

In an interview in 2016, Charlotte Olympia said that her interest in fashion began with dressing up for Bobbi. She also had her wish to launch her own doll with Bobbi doll, and inspired by this inspiration to design a real shoe and bag.

Over the past ten years, Charlotte Olympia has been collaborating frequently, including MAC beauty makeup, manic comics and lingerie brand Agent Provocateur.

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