Henry Jullien, a high-end French designer eyewear company from the Jura region that started up in 1921, has gone into receivership. Its chief executive, Pierre Faveau, told Acuité that the company's sales had risen by 15 percent last year, but the situation deteriorated in the first three months of the year in France, which generates 70 percent of its turnover. He blamed in particular the French government's recent decision to limit reimbursements for the purchase of frames at €150 and the competition from products made in China. He plans next year to launch more expensive and technical products with a reasonable margin, targeting especially foreign clients.

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