JOTT French down jacket brand rescued after financial collapse
Marseille-based fashion brand JOTT, facing major financial difficulties, was acquired by investment fund Amoniss after a period of intense economic crisis.
Published 17sem37 sources✓ ConfirmedImportantupdated 3sem
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The fact
The company, controlled by L Catterton fund since 2021, had accumulated significant debt and faced mounting financial pressure.
The takeover offer preserves 70% of staff and 27 stores out of 40, indicating partial restructuring of operations.
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Apr 14JOTT French down jacket brand rescued after financial collapsethis article