The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.71 - Retail sale of clothing
500 jobs Number of planned job losses
Announcement Date
2 July 2025
Employment effect (start)
2 July 2025
Foreseen end date
31 December 2025
Description
Fast Retailing, which includes Princesse tam tam, which specialises in lingerie, and Comptoir des Cotonniers, a women's clothing brand, will be closing this year, leaving around 500 redundancies all around France. The two brands are part of Fast Retailing France, a Japanese group that also owns Uniqlo.
Facing the retail sale crisis that have impacted many other brands, like C&A, has fatally impacted the two French brands.
After three internal restructuring that resulted in jobs losses for both brands, recorded in the ERM Events database: in 2023, 304 jobs were lostFast Retailing France 2023 - FR, in 2021, 285 jobs losses Fast Retailing 2021 - FR and 2018, 50 jobs losses. Fast Retailing 2018 - FR.
Finally, in 2025, all shops of Princesse tam tam and Comptoir des Cotonniers will be closing.
Eurofound (2025), Fast Retailing, Closure in France, factsheet number 203043, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203043.
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