Receivership news and archive

French retail chain Minelli starts liquidation sale ahead of its permanent closure

Paris - “Liquidation -60 percent”: hastily put up on Wednesday morning, small posters in the window set the tone. As another victim of the ready-to-wear crisis, French shoe retailer Minelli will permanently close its doors after May 30. The brand's shops, which entered receivership in March for the second time in three years, will remain open...

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Expert analysis: the limits of Jott's accelerated expansion under LBO

With the fate of Marseille, France-based casualwear brand Jott (Just Over The Top) hanging on a court decision expected in early February, its fragility is striking following a capital injection of nearly 99 million euros (116 million dollars). Vincent Redrado, an industry expert and founder of French consumer consultancy firm Digital Native...

Fashion

L'Officiel: fraud investigation launched following 'predatory' acquisition by Chinese group

French authorities have launched an investigation into potential large-scale fraud surrounding the acquisition of L'Officiel magazine's publisher by a Chinese conglomerate. The founding owners, the Jalou family, are denouncing a “predatory” operation aimed at stripping the assets of the century-old fashion and luxury institution. Behind the...

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Business

JOTT placed in receivership

Marseille - Marseille-based ready-to-wear company JOTT, which employs nearly 200 people, was placed in receivership on Thursday. A source close to the matter confirmed this on Friday, corroborating a report from La Provence. According to the ruling reviewed by AFP, the Marseille economic activities court has initiated receivership proceedings...

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Business

French footwear specialist Royer Group files for receivership

On Wednesday, October 29, 2025, the Royer Group announced it has sought protection from the Rennes Commercial Court by filing for receivership. The proceedings concern four of the group's French companies, whose names have not been specified. “Since 2022, the Royer Group has faced successive crises and increased international competition in its...