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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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Retail

Vivarte group sells Kookai to Australian brand, Magi

The textile and footwear group Vivarte, who have been engaged in a disposal and reconstruction plan for several months, announced on Tuesday that they have sold the clothing brand Kookai to the Australian brand, Magi. Magi, launched in 1992 has been the licensee of Kookai in Australia and New Zealand for 26 years, specialists in the apparel...

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