Okaïdi completes court-supervised restructuring

Okaïdi is set to complete its judicial reorganization in less than six months: in just half a year, parent company IDKids restructured the French network, shut down chronically unprofitable international operations, and reorganized the headquarters.

Hourglass effect in children’s apparel

The Commercial Court in Lille has approved IDKids’ continuation plan. In January, IDKids sought court protection to temporarily freeze its debt obligations and accelerate Okaïdi’s restructuring.