It is a sale to the cut that is announced. Some candidates want to partially resume stores and employees of Princess Tam Tam and Comptoir Des Cotonniers, but not under these brands belonging to the Japanese Giant Retailing Fast, recently placed in judicial administration, according to the offers consulted by AFP, confirming information from the informed site.
Just some stores here and there and few employees: of the five offers published on August 4 and 5 by the Digital Registry of the Court of Economic Activities of Paris, one of the Antonelle Group (one day in another place, Antonelle, Kookai), others of more confidential brands of clothing ready to wear.
Buyers will have to keep employees
The call to tenders launched as part of the judicial administration does not refer to the brands of Princess Tam Tam Tam and Comptoir Des Cotonniers, but only the sale of 26 stores per unit or by lots about the condition of resuming its employees, so that the trade activity ready to use, under other signs, continues to read in the recovery offers.
Therefore, the Antonelle Group, specializing in women’s women’s clothing, aims to occupy six points of sale and all its 17 employees, “to allow the continuation of its two most recently acquired brands: Kookai and one day elsewhere.”
The other four candidates compete in stores in Saint-Tropez, Saint-Malo, Strasbourg, Dijon, Boulogne-Billancourt and Paris.
Middle range market difficulties
Before its bankruptcy placement in early July, the Princess Tam Tam Tam lingerie brand and the women’s brand ready to wear with clean clothing compute des cotonniers, respectively founded in the eighties and ninety years, had already considerably reduced the wing.
A June 2023 support plan pointed out in particular at the close of 55 stores in 136 in France, as well as the abolition of 304 positions in both brands.
But the two brands of the Fast Retailing France Group, a subsidiary of the Japanese giant retailing fast retailing whose flagship brand is Uniqlo, still had trouble resisting “a market context that has not improved”, had summarized a source close to the AFP file at the end of June.
For several years, medium -rank brands have been placed in difficulty by “ultra fast fashion” and second hand, which attract consumers with their low prices.
Source: BFM TV
