Le Temps des Cerises readies for expansion - insidedenim: Glo InsideDenim

News

Le Temps des Cerises readies for expansion

14/10/2022
Le Temps des Cerises readies for expansion
With backing from three new investment funds, French denim and lifestyle label Le Temps des Cerises prepares its next stage of development on international markets.

Its new financial partners, Trocadero Capital Partners, Turenne Groupe and Smalt have stepped in as Siparex and Bpifrance, shareholders since 2014, stepped out. A number of company executives, including company founder Lylian Richardière, participated in this minority leveraged buyout (LBO), reads the statement announcing the new funding.

Based in Marseille and founded by the Richardière family in 1998, Le Temps des Cerises has 85 retail locations and a good footing on the French denim market which is estimated to be in the order of €2 billion. It is also an early proponent of environmental responsibility.

Image via Instragram: new style codesigned with influencer Sabrina Scari

Related stories:

Introducing Handz, a new gender-free denim label 30/06/2022
Sème introduces linen jeans made in France 22/06/2022
Blackhorse Lane’s fundraising will help drive two fresh initiatives 06/04/2022
Atelier Tuffery expands its headquarters 14/03/2022
New jeans-making facility in France 03/03/2022

InsideDenim.com cannot be held responsible for content if the language setting is changed from English. The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.