US Edition"Jott Will Continue to Exist": the Famous Dudounes Will Be Taken over by Amonissa (Chevignon, pimkie...)
8 Articles
8 Articles
The Marseille brand has suffered from the competition of fast fashion from Asia. The economic court has just retained the offer of the group Amoniss, which undertakes to retain 70% of the workforce.
Placed in judicial reform, the Marseille brand JOTT has found a buyer. The court has validated an offer that allows to maintain a large part of the workforce and the network of shops, in an area of ready-to-wear under pressure.
In December, the Marseilles ready-to-wear company was taken over by the Amoniss Group. The Marseilles Economic Court issued its decision this Monday.
The offer of the group Amoniss, which counts in its scarcelle the brands of Chevignon, Lee Cooper and the brand Pimkie, commits itself in particular to retain 70% of the staff and 27 stores out of 40, specified the management of JOTT in a press release.
The Amoniss Group's offer commits itself in particular to retain 70 % of the workforce and 27 stores out of 40 L'entreprise marseillaise de doudunes JOTT, in judicial reform, will be taken over by the fund d
The court of economic affairs of Marseille has validated the takeover of the JOTT dulouunes brand, by the investment fund Amonissis, owner of Chevignon and Lee Cooper. The company, in great difficulty...
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
