Overview
- The Tribunal des activités économiques de Marseille found the company insolvent and placed SAS JOTT in redressement judiciaire.
- The court set a provisional six-month observation period, with an administrator’s report due for an interim hearing on February 5.
- Tribunal filings cite 183 employees, wages paid through November, and roughly €24 million in annual revenue.
- Recent accounts show declining sales and recurring annual net losses exceeding €6 million, despite a nearly €99 million recapitalization in 2025 after a 2021 L Catterton LBO increased leverage.
- Industry groups link JOTT’s strain to the broader French apparel downturn, including competition from second-hand channels and ultra-fast-fashion players such as Shein.