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Commercial Court of Paris : Vet’Affaires in receivership

Vet Affaires have filed for bankruptcy
Vet’Affaires, the king of discount, files for bankruptcy. | Archives (Le Figaro)

The Nantes textile hard discount group filed for bankruptcy. It has a hundred stores in France, five in Loire-Atlantique.

The stock website Cercle finance announced placement into receivership Vet’Affaires the group by the Paris Commercial Court. This company, specialized in cheap clothing, was orginally started in Nantes, at the end of the 80 Group, which was a great success, but in recent years with increased competition has encountered difficulties and has seen its sales fall by 10% in the last year.

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