Preparing for a Customer Bankruptcy in 2026: Operational and Accounting Guidance for the Fashion Industry

Michelle Gioffre is a seasoned financial and operational leader with decades of experience supporting luxury fashion, apparel, and retail brands through every stage of growth. As a senior executive at Palma Settimi Inc., she specializes in building the financial, wholesale, and operational infrastructure that allows brands to scale responsibly while maintaining control, visibility, and profitability.

Michelle has played a central role in the launch and management of more than 60 retail stores across the United States, overseeing everything from lease review and store buildouts to staffing, compliance, payroll, and daily financial operations. Her expertise spans accounts receivable and wholesale credit management, EDI and department store compliance, collections strategy, and end-to-end retail accounting, with deep experience working alongside major U.S. luxury retailers.

In addition to operational leadership, Michelle provides strategic financial oversight to growth-stage brands through fractional CFO services. Her work includes cash-flow forecasting, margin optimization, inventory and landed-cost analysis, vendor negotiations, KPI reporting, and executive-level financial planning. This combination of hands-on accounting precision and high-level financial strategy enables brands to make informed decisions while minimizing risk during periods of expansion.

Known for her practical, detail-driven approach, Michelle bridges finance and operations with a clear understanding of how luxury businesses function in real time. Her insights reflect years spent inside the systems that power successful retail and wholesale organizations, making her a trusted advisor to founders, executives, and leadership teams navigating growth in highly competitive markets.