US-based L Catterton, the largest global consumer-focused private equity firm, has acquired a controlling interest in French urban casual outerwear brand Just Over The Top.
L Catterton invests in French outerwear brand JOTT
By Huw Hughes
1 Feb 2021
Private equity firm L Catterton, whose current apparel investments
include Sweaty Betty, Ganni and Pepe Jeans, has bought a controlling stake
in French casual outerwear brand JOTT (Just Over The Top).
The Gourdikian family, which founded JOTT in Marseille in 2010, will
continue to hold a “significant equity interest” in the business moving
forward.
The brand, which sells urban casualwear and is known for its light down
jackets, currently distributes its collections through a network of concept
stores as well as wholesale clients.
In conjunction with this announcement, Didier Lalance, who has nearly 30