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June 12, 2025 19 mins

In Episode 4 of Credit Lens: Europe & Beyond, hosts Chris Haffenden and Phoebe Appenteng break down how fashion, restructuring law, and unexpected animal tech are all making waves in European credit.

They open with the rise and fall of high-yield fashion. From Golden Goose’s tight issuance to Isabel Marant’s sinking notes, they examine which brands are holding up and which are losing their luxury shine. Then it’s on to Petrofac, where the UK’s restructuring courts are being tested by a bold plan to offload billions in liability—and competitors are pushing back.

Later, they revisit Farfetch, Mulberry, and Burberry, raising questions about value, trust, and brand durability in today’s credit market. And finally, they wrap with “Afternoon Tea,” featuring viral elves, ancient monkey charms, and a fish doorbell that has 2,000 live viewers cheering for carp in Amsterdam.

Where else does creditor tension meet collectible chaos? Only here.

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