So long, Sonia Rykiel
The Sonia Rykiel label is going out of business after a 51-year run. A French commercial court said no to the sole bidder for the company, a family with no experience in fashion, and therefore forced the brand, which declared bankruptcy in April, to liquidate all operations immediately. Sonia Rykiel employed 134 people and its owner, First Heritage Brands, will sell its six stores in France and Monaco along with its intellectual rights and archive. The brand’s namesake founder, known as “Queen of the Knits,” died in 2017.