Green light to the takeover of ready-to-wear brand JOTT by L Catterton Europe (BA&SH) company
The transaction results in the brands' simultaneous presence in several geographic areas in the retail distribution of women's clothing, accessories and footwear. However, it emerges from the investigation that the combined market shares of the new entity will remain very limited, as they face numerous competitors in the areas concerned.
The Autorité, which was able to rule out any competition concerns, therefore cleared the transaction without conditions.
Press release
of 19 January 2021