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Yongsheng acquires Desseilles in Hauts-de-France

Cloris Li

Yongsheng Group

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DESSEILLES—A REGIONAL ICON

Desseilles Laces designs, produces and distributes fine lace used primarily for premium lingerie and dresses. It was founded in 1847 in Calais, one of the world’s historic lacemaking cities, by Robert Desseilles, and is now one of the last three lace specialists in Hauts-de-France.

YONGSHENG – DESSEILLES: NEW FUTURE FOR CALAIS LACE

In May 2016, China’s Yongsheng, a family-owned manufacturing group listed on the Hong Kong stock exchange, agreed to take over Desseilles, which was on the verge of bankruptcy at the end of 2015. Their aim was to save this lacemaking icon, first by putting operations onto a steadier footing.

Yongsheng then hopes to expand into China and other promising new international markets. It will also be testing new production technology while showing respect for the Desseilles brand and French lacemaking culture, with an eye on winning new customers over the long term.