One year after its acquisition, Naf-Naf will apply for receivership

Naf-Naf is not emerging from the crisis. During an extraordinary CSE meeting held Wednesday morning, employees of the ready-to-wear brand learned Wednesday that their management would request the company's placement in receivership "with a view to a continuation plan," according to a CSE document. This news comes less than a year after the group was taken over by the Turkish company Migiboy last June, when the ready-to-wear company was already in receivership .

"The catastrophic scenario we feared is repeating itself," the CFDT said in a statement. The Turkish buyer had committed in June 2024 to saving 90% of jobs and keeping around a hundred of its own stores. In its opinion today, the CSE said it was "deeply shocked by the request for judicial recovery, which comes less than a year after the takeover."

The CSE denounces a "false concealment of the company's true situation" in recent months by management. "Once again, employees are placed in a situation of extreme uncertainty and see their jobs threatened," deplores the CFDT, according to which Naf-Naf employs some 700 people.

These new difficulties affecting Naf-Naf come at a time of particularly difficult times for textile companies in France, which have been hit by a severe crisis for several years. Camaïeu, Kookaï, Gap France, André, San Marina, Minelli, Pimkie, Comptoir des Cotonniers, Princesse Tam Tam, IKKS, Kaporal: many brands have borne the brunt of this turmoil.