A lease dispute put Moreau Paris in court — a manufacturer bought the house

Moreau Paris traces its origins to 1764, when the descendants of master cabinetmaker Louis Moreau set up shop on Rue Saint-Honoré; the wicker-inspired monogram that became its signature dates from 1882. The house went dormant at the start of the twentieth century and was revived in 2010 by Veronika Rovnoff and Fedor Georges Savchenko. Japan's Onward Luxury Group bought it in 2016 and opened the Rue du Faubourg Saint-Honoré flagship; in 2020 it passed again, to a group of sector investors.

By 2026 the house was a small, international business: annual sales north of €10 million, roughly 80% of them outside Europe. It ran three directly operated stores in Japan — where sales grew 30% between 2022 and 2025 — and franchise boutiques in Mexico City, Manila and Houston, opened in December 2025. Production sat in Italy. The Paris boutique, meanwhile, stood temporarily closed.

The trigger was not the product but the premises: protracted negotiations with a landlord spiralled into a larger process, and the owners opted for a court-supervised sale. The house entered a judicial restructuring under the Paris commercial court, with its global activities put on the market and Pablo Castanon of Asteren as liquidator. The process opened in June 2026, with binding offers due 9 July.

On 29 July 2026 the court ordered the sale to Cardinal Invest, owner of Groupe Lécuyer — the Odend'hal family's Normandy leather-and-textile manufacturer of about 800 people that supplies major luxury brands. Announced on 3 August, the deal brings the house production capacity and long-term financing alongside its established Italian making. Financial terms were not disclosed.