Garment manufacturer C&S is coming to the rescue for an Italian fashion brand in crisis.
Italian jeanswear and sportswear label Jeckerson recently filed for a Company Voluntary Agreement (CVA) to settle its debt after a turbulent year amid the coronavirus pandemic, when licensee and longtime partner C&S stepped in to guarantee production and distribution.
The partnership between insolvent Jeckerson and C&S is a bright spot during a year that revealed strained relationships between brands and manufacturers. As Jeckerson’s official licensee in Italy and Europe, the company has been manufacturing for the brand since it launched in 1995.
“What ties us to Jeckerson is a history of excellence which began long ago,” C&S group said in a statement. “We have been taking care of their collections for more than 15 years, even before we became the brand’s licensee. Today as then, our commitment is to give value to the heritage of quality and style that has always characterized the brand.”
The company ensures that “nothing will be changing for Jeckerson,” and confirms continuity of the brand’s current and upcoming collections.
Jeanswear has become a large part of Jeckerson’s product assortments for men and women, most recently with a capsule collection launched in partnership with Italian singer Gazelle featuring denim enhanced with doodles and song lyrics. The brand also launched a series of denim collaborations with artists including Villanaart, who uses a unique yarn effect for two-dimensional art; Skulljan, an artist known for his Japanese-inspired illustrations; and Marco Galdo, a tattooist who applied some of his designs to Jeckerson denim.
Jeckerson is no stranger to weathering challenging times. U.K. fund Stirling Square Capital Partners acquired the label in 2008 after it had experienced economic hardships—a strategy that was met with success. In 2015, the company projected sales of 40 million euros (about $45 million) and expanded into the U.S.
The company is one of many fashion brands experiencing significant challenges this year. The Covid-19 crisis is responsible for devastating a slew of brands, including Lucky Brand and G-Star Raw which filed for bankruptcy on the same day in July.