San Marina, the shoe store brand, closes permanently tonight

This Saturday, February 18, 2023, the San Marina shoe stores are closing down one after the other. The group has been placed in financial liquidation, for lack of an acceptable takeover and despite the 600 employees and 163 French stores, pending the final decision of the Commercial Court of Marseille, which will be rendered this Monday, February 21, 2023.

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For a few days, San Marina stores were the opportunity to shop for shoes, for men and women at discounted prices. Normal, since this Saturday evening, the stores will close definitively... This French company of shoes was in difficulty since a few years, from now on, the final decision will be taken this Monday, in the court of Marseille.

Moreover, it is a phenomenon that we see more and more: for several months (even years), the big star brands of the 90s-2000s are gradually closing one after another, like Pimkie, Camaïeu or Kookaï, respectively in transfer or judicial liquidation. Little by little, these brands have been replaced by consumers in favor of online sales, with the new giants of clothing on the web: Asos, Shein ... The brands that seem to be doing the best are the cheapest ones, such as Primark or H&M, which always seduce with particularly attractive prices.

San Marina, a French shoe company that has been in trouble for a few years, is going to close down permanently this Saturday evening. With more than 600 employees and 163 stores in France, the judicial liquidation of San Marina is now inevitable for lack of acceptable takeover offers. The final decision on the future of the company will be taken on February 20 by the Commercial Court of Marseille.San Marina has been facing increased competition from the Internet, which now accounts for 15% of shoe sales in France, as well as the boom in second-hand shoes, which has hurt brands such as Pimkie, Camaïeu or Kookaï, all of which are being sold or liquidated .

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