Fashion: Princess Tam Tam and Comptoir des Cotonniers placed in receivership – 02/07/2025 at 19:10

Two boutiques Comptoir des Cotonniers and Princess Tam Tam in Paris on July 2, 2025 (AFP / Sebastien Dupuy)

The continuous crisis in French ready-to-wear: the brands of Lingerie Princess Tam Tam Tam and Cotonniers Comptoir clothes were placed in receivership, AFP learned from a source close to the file on Wednesday. Furthermore,

In difficulty for several years. For example, these two brands have struggled to resist “a market context that has not improved”, summed up at the end of June a source close to the file to AFP at the time of recovery in receivership. However,

Their owner. fashion: princess tam tam comptoir Meanwhile, Fast Retailing France, a subsidiary of the Japanese giant Fast Retailing whose flagship brand is Uniqlo, had to request the end of June from the Paris economic activity court (ex-commercial distributing) an investment in receivership, which was validated on Tuesday. For example,

For several years. For example, mid -range brands have been put in difficulty by “Ultra Fast Fashion” and the second hand, who appeal to consumers with their low prices. Meanwhile,

The Shein site. For example, based in Singapore, thus represented 3% of clothing and shoes expenses in 2024 on the French market in value, according to a mediammetry survey. On the occasion side. the Lithuanian platform vined saw its sales in France climb 32% in 2023 compared to 2022, according to the Joko application.

Princess Tam Tam. Comptoir des Cotonniers had taken measures to “adapt to changes in the clothing market”, fashion: princess tam tam comptoir said the group in June 2023 to justify a job safeguard plan.

The project was aimed at the abolition of 28 points of sale on the 67 of Comptoir des Cotonniers. 101 posts out of the 272 CDI. And for Princess Tam Tam, 27 stores out of 69, as well as 84 stations out of 235 CDI. Added to this was the abolition of 119 positions within Fast Retailing France.

The group has not communicated since on the implementation of this plan.

Today there are still “a hundred Princess Tam Tam Tam Tam. Comptoir des Cotonniers shops in France and around 500 employees (at) Fast Retailing France, including the headquarters”, had detailed the same source close to the file to AFP.

– COVID then inflation –

Other traditional fashion brands which had been placed in receivership had managed to find fashion: princess tam tam comptoir a buyer. before being sometimes placed in receivership, or even immediately liquidated.

The emblematic ready-to-wear shops of the city centers. commercial areas had already undergone the covid pandemic and the stopping economic activity, then inflation, the increase in energy costs, raw materials, rents and wages.

The Camaïeu brands. Kookai, Burton of London, Gap France, André, San Marina, Kaporal, Jennyfer, from the same to the same, Sergeant Major, Esprit, C&A, Naf Naf or Ikks have already paid the price.

To fight against the “Fast Fashion”. the European Commission proposed in May to impose costs of 2 euros on each “small” package worth less than 150 euros entering Europe (currently exempt from customs rights), the vast majority of which come from China.

Carrefour CEO. Alexandre Bompard, wants to go further and called on RTL on Wednesday to a “Trump” tax on small packages from fashion: princess tam tam comptoir China, 100% of their value.

“I fight every day for the low price. but the low price at all costs, there is a limit,” said these parcels Mr. Bompard.