Le Blé, Buenos Aires' Iconic Bakery Chain, Files for Bankruptcy Protection with $1.5 Million Debt
Le Blé, the beloved Argentine bakery and coffee shop chain that once boasted 39 locations and dreamed of expanding to Madrid, has filed for bankruptcy protection. With 76 creditors, a debt of $1,566.8 million pesos, and only 15 employees left, the company is fighting to avoid liquidation amid a severe economic downturn.