Yanko - out of business?

[ville_e]

Have Yanko gone bankrupt? I was told so when I was in Barcelona. I purchased a pair of monk straps from El Corte Ingles but was told that they were selling the final inventory.

Does this also mean that Carmina is also out of business?

 

[bengal-stripe]

Yanko went under maybe three or four years ago. At the time there were talks about a Japanese buyer, but that obviously did not materialize.

Jose Albaladjo, who has been instrumental in setting up Yanko, left the company in 1997 to set up Carmina.
There is (or there was) Pepe Albaladejo, another Spanish shoe company.

In 1961, JosÃ

Albadalejo Pujadas, the founder’s great-grandson, continued the family tradition when he created Yanko, one of Spain’s largest shoe companies. In the 1980s, this firm turned out a total of one million pairs of shoes.

In 1997, after a downturn in the market when the demand for luxury shoes dropped dramatically, 60-year-old JosÃ

Albadalejo decided to create a new company together with his wife and some of his children in their native Majorca. The new business was called Carmina Albadalejo Shoemaker, and its goal was to create some of the world’s best hand-crafted shoes.

As far as I know, the closure of Yanko hasn’t had any impact on Carmina.

http://www.carminashoemaker.com/eng.html Â

 

[septiembre]

Not at all, they have opened a new store in madrid last year (quite near the other in my opinion). Their bussiness is going well, but there are no sales...

 

[blackbowtie]

For what it's worth, I just saw a couple of their shoes in a shop here in Washington DC a couple of weeks back.

 

[Tomasso]

Originally Posted by blackbowtie

I just saw a couple of their shoes in a shop here in Washington DC a couple of weeks back.
Sky Valet?

 

[DavidinGray]

You vultures keep your hands off those Yanko buckle boots at SkyValet. I've been eyeing those for the past month.

DIG

 

[Gran Torino]

El Corte Ingles had their ( terrible) shoes this season.

 

[blackbowtie]

Originally Posted by Tomasso

Sky Valet?

Haha, yes! So does this tell us anything about the financial health of the company?