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Home » After coming close to bankruptcy and cutting 318 jobs, this French brand adored from mother to daughter bounces back at the last minute
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After coming close to bankruptcy and cutting 318 jobs, this French brand adored from mother to daughter bounces back at the last minute

By News Room4 March 20263 Mins Read
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After coming close to bankruptcy and cutting 318 jobs, this French brand adored from mother to daughter bounces back at the last minute
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Good news in a world of ready-to-wear at half mast.

In the ready-to-wear industry, everything is moving at high speed. Placements in receivership fall without warning, while brand rescues arrive at a time when we had almost lost all hope. It must be said that fashion has been plunged into a dark streak for several years: countless brands appreciated by the French have definitively ceased to exist, like San Marina, Kaporal or even Jennyfer. In the best case scenario, to continue to survive in a context hostile to the textile industry and to perpetuate their brand, they adopt social plan after social plan, chaining shop closures and mass job cuts.

A disastrous destiny that knows Comptoir des Cotonniers since 2021. Following two social plans, the brand has closed nearly 102 points of sale in France (74 in 2021 according to West France28 in 2023 according to TF1 Info) and eliminated 318 jobs (217 in 2021, then 101 permanent contracts in 2023).

In great financial difficulty despite these drastic measures, Comptoir des Cotonniers was then placed in receivership in July 2025. 7 months later, it’s time to celebrate: the family brand officially exits receivership and avoids liquidation. The continuation plan presented by the leaders of Fast Retailing France was validated by the Paris Economic Activities Court on February 25. The claw “now has a healthier financial trajectory”she says in a press release.

Created by Tony and Georgette Eliocha, the brand has been dressing mothers and daughters since 1995. After a decade of success, it was bought by the Japanese group Fast Retailingowner ofUniqlo And Princess tam.tam. Since the end of 2024, the destiny of Comptoir des Cotonniers is also linked to that of the famous lingerie brand: in a desire for synergy, the textile giant has deployed a distribution strategy linking the two brands. Their collections are thus presented simultaneously in the same sales spaces (the already existing boutiques of each of the brands): the 19 boutiques Princess tam.tam welcome for example a selection Comptoir des Cotonniersand vice versa.

The interest is multiple: capturing the two original clienteles in order to create a more massive common customer base, reducing costs, combining complementary product offers in order to increase the average customer basket (Comptoir des Cotonniers with the wardrobe basics, Princess tam.tam for underwear).

No offense to some, the future will still be a score written with two claws and four hands: Fast Retailing France is already studying new locations for joint points of sale. More than distribution, synergy will also be achieved in the design of clothing: “The collections of the two brands are now designed and presented in a coordinated manner (compatible materials, matching colors, etc.)”explains the group. To be continued.

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