La Perla Declared Insolvent by Italian Court

MILAN — La Perla’s financial troubles have reached a tipping point. According to media reports, a Bologna, Italy, court declared the state of insolvency Thursday, with judge Michele Atzori naming a trifecta of court commissioners tasked with leading the Italian subsidiary La Perla Manufacturing Srl out of the quagmire. This marks the exit of the brand’s…

Update on insolvency statistics: May 2024

25 Jun 2024 • 4 min read The latest insolvency statistics for May 2024 for company and individual insolvencies have been published on 18 June 2024 for England and Wales.  This comes just before the announcement on 19 June 2024 by the Office for National Statistics, that UK inflation fell to the Bank of England’s…