The French manufacturer behind the lenses used in the luxury sunglasses worn by French President Emmanuel Macron at the World Economic Forum in Davos earlier this year has entered insolvency proceedings.
The Commercial Court rejected a restructuring plan for the company Dalloz Creations on Wednesday, and opened insolvency proceedings, according to an extract from the court ruling. According to French media reports, 29 people are losing their jobs.
The company, founded in 1957 by Christian Dalloz in Saint-Claude, not far from Geneva, specializes in high-quality sunglasses lenses.
Its founder is regarded in particular as a pioneer in the use of polycarbonate, a material that is now widely used due to its lightness and durability, the newspaper Le Parisien reported.
The insolvency does not affect the Henry Jullien brand, which produces the aviator-style shades worn by Macron at Davos in January.
The president had worn the glasses for around two weeks at the time due to an eye condition, including at an EU summit in Brussels.
Although this earned Macron the mockery of US President Donald Trump, and in France people joked about the resemblance to Tom Cruise in the film "Top Gun," the Henry Jullien company was inundated with enquiries following Macron’s appearances in the glasses.