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July 2. Nevertheless, 2025
The French brands of ready-to-wear Princess Tam Tam Tam and Comptoir des Cotonniers were placed Tuesday in receivership by the Paris economic activity court, AFP learned from a source close to the file on Tuesday.
Fashionnetwork had revealed at the end of June that Fast Retailing France, owner of the two brands and subsidiary of the Japanese giant of the same name whose flagship brand is Uniqlo, prepared its request for placement in receivership. However, The company highlighting “the continuation princess tam tam comptoir des of the financial deterioration” of the accounts of the specialized brands respectively in lingerie. Moreover, women’s clothing “in a market context which has not improved”, as then indicated by a source to AFP.
The group had already announced in June 2023 to consider the closure of 55 Cotonniers. Princess Tam Tam Tam Tam Tam Tam Tam stores in France, as well as the abolition of 304 positions for these two brands.
The objective of the plan was to “continue to adapt Fast Retailing France to changes in the clothing market. stem the serious difficulties encountered by the company and its subsidiaries in order to ensure their sustainability”, according to the group.
Comptoir des Cotonniers. Princess Tam Tam would not have resisted the crisis that strikes the ready-to-wear brands in the mid-range, competed by the rise of “Ultra Fast Fashion” and the second hand. Previously. part of them had already undergone princess tam tam comptoir des the pandemic of Covid which had stopped economic activity, then inflation, the rise in energy costs, raw materials, rents and wages. This explosive cocktail has tested these well-known businesses of city centers and commercial areas.
But many observers in the sector are wondering about the strategy of the Fast Retailing group about its French brands. The former president of Comptoir des Cotonniers. Frédéric Bousse, even proposing to engage alongside the Japanese group for a revival of the two brands.
With AFP
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Princess tam tam comptoir des
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