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PARIS - Charles Jourdan, the troubled French luxury footwear and accessories brand that filed for bankruptcy protection in September, is being liquidated by the French commercial courts.
The disclosure Monday came after the American group Omniscent, which was the last candidate for the purchase of Jourdan, stepped away from the negotiating table.
Rick and Kathy Hilton - the parents of Paris and Nicky - are investment partners in Omniscent and were interested in the luxury shoe brand to launch a Kathy Hilton by Charles Jourdan line of shoes.
"After gathering up all the information by the forensic accountant, we decided to...