- CEO
- Joseph L. Murphy
- Sector
- Consumer Cyclical
- Industry
- Apparel - Manufacturers
- Address
- 525 Seventh Avenue New York City NY United States of America 10018
- IPO Date
- Mar 5, 1991
- Business
- JLM Couture, Inc. (OTC: JLMCQ) designs, manufactures and distributes bridal gowns, bridesmaid dresses and related accessories through multiple designer labels including Alvina Valenta, Jim Hjelm, Lazaro, Tara Keely, ti adora by Alvina Valenta, Allison Webb, Lovelle, Jim Hjelm Occasions and Noir by Lazaro; the company previously offered Hayley Paige, Blush by Hayley Paige and Hayley Paige Occasions collections. Founded in 1986 and headquartered at 525 Seventh Avenue in New York City, JLM Couture sells its products to specialty bridal shops across the continental United States, Europe and select international markets, with one retail location in California. In October 2023, the company filed for Subchapter V Chapter 11 reorganization in Delaware to address challenges from litigation with former designer Hayley Paige Gutman, pandemic-related disruptions, supply chain issues and New York real estate pressures, aiming to protect assets and streamline operations while continuing business as usual; a May 2024 bankruptcy court-approved settlement with Gutman transferred Hayley Paige intellectual property rights, social media accounts and design catalog to her in exchange for undisclosed payment and dismissal of related lawsuits, enabling her exit from JLM. The Chapter 11 case advanced with a proposed $700,000 private asset sale to co-founder Joseph L. Murphy Jr. in May 2025, but the US Bankruptcy Court dismissed the proceedings on August 12, 2025, upon JLM's motion, allowing the company to emerge post-restructuring focused on core bridal operations.