In a legal clash, an Italian court intervenes to block the sale of the prestigious luxury lingerie brand La Perla, prompted by a UK judge’s decision to liquidate the holding company, La Perla Global Management Ltd. The move comes as the group faces substantial unpaid tax debts totaling £2.8 million ($3.6 million). The court has ordered the seizure of assets, including the brand itself, housed in the London-based unit.
Owned by German financier Lars Windhorst via Tennor Holding BV, La Perla confronts financial challenges in the wake of Windhorst’s controversial associations and legal disputes. The brand, renowned for its high-end products predominantly manufactured in Italy, now grapples with potential insolvency.
Amid the legal proceedings, unions advocate for «amministrazione straordinaria,» an Italian government-supervised insolvency, allowing the business to navigate financial troubles while sustaining operations. The unions’ move to seize assets responds to the UK liquidator’s intention to sell the brand for optimal returns to creditors.
As the legal battle unfolds, La Perla’s future hangs in the balance, raising uncertainties about the fate of this iconic luxury lingerie label. Stay tuned for updates on this evolving situation, with a scheduled administration hearing set for Friday.