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RISE AND SHINE: Luxury linens firm D Porthault, whose French business went into receivership last month, is forging ahead with store openings. The firm, whose business in the U.S. and Asia remains solvent, will open two new stores, in London in October and in Palm Beach, Florida in November.
Porthault’s French operations had accrued debt of $3.7 million by the end of 2008, largely due to the construction of a new factory.