Okaïdi news and archive

French kidswear specialist Okaïdi exits administration

Lille - French kidswear retailer Okaïdi has exited administration after a court approved a recovery plan that has resulted in the loss of 244 jobs and the closure of 57 stores in France, the company announced on Tuesday. The brand has also ceased trading outside France, shutting 25 stores in Poland, 17 in Germany and two in Portugal, it told...

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Okaïdi (IDKIDS) announces 290 job cuts and 60 store closures in France

French children's ready-to-wear brand Okaïdi announced a reorganisation plan this Tuesday, May 26. The plan could lead to up to 290 job cuts in France and the closure of 60 stores. This marks a new stage in the restructuring undertaken by the IDKIDS group since it was placed in receivership last February. According to RTL, citing AFP, the plan...

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Okaïdi files for administration for its French operations

The IDKIDS group, owner of the childrenswear brand Okaïdi, announced on Tuesday that it is filing for administration for its French operations. The group employs 2,000 people in France. A hearing will take place in February before the Lille Métropole commercial court, IDKIDS told AFP. The filing concerns the brands Obaïbi (for ages 0 to 3), Okaï...