Eshel
  • Borsalino Hat Maker Declared Bankrupt

    One of the world’s most famous hat makers, Borsalino, faces liquidation after a rescue plan was rejected by an Italian court on Monday. The judge’s decision will not stop production at Borsalino, which has 134 workers and makes some 150,000 hats a year, both Armosino and Camperio said • Full Story

    Reuters.com

    One of the world’s most famous hat makers, Borsalino, whose stylish fedoras and straw panamas are popular with movie stars and celebrities, faces liquidation after a rescue plan was rejected by an Italian court on Monday.

    A judge in the northern town of Alessandria, where the luxury hat maker was founded 160 years ago, refused a request for court protection from creditors, who are owed some 18 million euros ($21 million), a local trade union leader told Reuters.

    “It’s dramatic if a solution is not found. Borsalino is part of Italian history, and it’s a big name abroad too,” Franco Armosino said.

    Following Monday’s decision, two court-appointed officials will wind down the company to pay back creditors. Armosino said that unions expected further details “in the next days”.

    Camperio, who bought the Borsalino trademark for about 18 million euros in May, could decide to bid for the company, or part of it.

    The judge’s decision will not stop production at Borsalino, which has 134 workers and makes some 150,000 hats a year, both Armosino and Camperio said.

    “We will remain committed to finding solutions that will preserve this iconic brand and the interest of all stakeholders …,” Camperio said in a statement, adding that bankruptcy had nothing to do with Haeres Equita’s management.

    “We hope to continue to build a future for Borsalino,” Camperio added.

    194

    Related Posts:

    *Only proper comments will be allowed
  • Event Calendar

  • Tuesday, Oct 27th, Wedding – Shlome Wolvovsky – CH & Rochel Leah Matusof – Madison, WI @ Oholei Torah
  • Thursday Oct 29th Wedding: Devorah Bennish – Detroit & Mordechai Rubin – London @ Royalty House, MI
  • Sunday, Oct 25th, Sholli Miller – Chicago, IL & Batya Korf – Miami Beach, FL @ Bais Rivka 310 Crown Street
  • Thursday, Oct 22 Wedding: Chaim Boruch Bar-Chaim – CH & Shoshana Pimentelli – CH/TX @ Oholei Torah
  • Thursday, Oct 22 L’Chaim: Sruli Finck – CH & Chaya Mangel – Dayton, OH @ Chovevei Torah 885 Eastern Parkway
  • Tuesday, Oct 20th Wedding: Dovid Kaminetzky – Melbourne, AU & Chaya Okunov – Crown Heights @ Oholei Torah
  • Monday Oct 19 L’Chaim: Ari (Aaron) Levertov – Crown Heights & Debby Rabinowicz – Sao Paulo, Brazil @ Choivevey Torah
  • Monday, Oct 19 2015 Wedding: Mendy Zippel – Salt Lake City, UT & Fraidy Shagalov – Crown Heights @ Oholei Torah
  • Sunday 18th Oct. L’Chaim: Chananya Niassoff – CH & Tzirl Brennan – CH @ Bais Rivkah Crown St
  • Sunday Oct 18th – Wedding: Mendy Edelman – Crown Heights & Sara Lozenik – Miami, FL @ Oholei Torah
  • Tehilim

  • Urgent Tehillim Needed
  • Dov Chaim Ben Rivkah
  • Tzvi Hirsch Ben Guttel
  • Charna Alexandra bas Chana Esther
  • Ettie Bas Alte Miriam
  • Zissel Yehudis Bas Masha
  • Chaim Yosef Yitzchok Ben Sarah Elka
  • Devorah Bas Sarah
  • Boruch Ben Sarah
  • DovBer Ben Dina
  • Lost and Found

  • Lost Men’s Heavy Black Winter Jacket Size Large in 770
  • Lost in 770 before Pesach, a black Bradley Jons long coat size 38R. No lining and no belt. Almost brand new! Please call zalman at 347-788-0749
  • Found black hats outside 770, behind the Hatzalah ambulance
  • lost – Chitas bearing a blessing to Shmuel from Sarge. (Sargent Zvi Fisher z..l.v) [email protected] or +1-7869427070
  • LOST: in 770 a black Lenovo Intel core i5 laptop in a dark grey laptop bad together with a WD hard drive, if found please call Zalmy 347-788-0749
  • Found: Maroon Chitas
  • Found: Bag of Clothes
  • Found: Leather-Bound Pink Siddur
  • Lost: Box with Mini Shas from YSP
  • Lost: Rose Gold Bangle/Bracelet
  • Classifieds

  • Cook position for a local Mosad
  • Looking for a cook/kitchen manager
  • Administrator for a local Mosad Experience a must, and preferbiligual a bonus [email protected]mail.com
  • Looking for a cook/kitchen manager Experience a must. [email protected]
  • ‘Beis Mosiach’s’ to give away for free
  • Private Rooms for Men
  • Newly renovated Basement for rent
  • Judaica Store in Crown Heights is Looking to Hire
  • Looking for Work? Opportunity available, for a quick & efficient typist in Williamsburg. For more info: 201-800-1774
  • Lost in 770 Last Week: Transparant Bag of Tefillin, Rashi, R”T, Chitas – in black/grey 770 pouches