Report: worldwide Borsalino on way to bankruptcy

Is the Italian hat company Borsalino facing bankruptcy? According to reports on major news sites in Italy, due to conflicts between shareholders of the giant, it is expected to declare bankruptcy.

According to reports, the factory still works as usual, and on the other hand try to clear the debts left by the senior partner in the hope of surviving.

The company founded in 1857, issued a notification that it is facing financial difficulties and, according to reports in the Italian press has asked for protection from creditors.

Some of the owners of hat stores in Israel, updated in time of the challenges, bought a large stock which will last them for a long time. However, the purchase was made as usual via Borsallino's sole importer in Israel.

Borsalino hats are popular among the Litvishe Haredi community, and there were times when Borsallino was the leading brand in Israel.

Borsallino spokesman in Israel, Moishie Miller, said in response: "We will turn to the maker in Italy for details, and will return to you shortly."

As recalled. a few months ago the 'Borsallino protest' started in yeshivas against the company – in which yeshiva students protested the "drastic increase" as they defined it, in the prices of hats.

The protest which was exposed by Behadrey Haredim was received with enormous waves and tens of thousands of signatures were gathered at the headquarters to lower the prices of hats on the grounds that the company demands excessive prices on hats.

'בחדרי' גם ברשתות החברתיות - הצטרפו!