Judicial Recovery
Palmeiras announced on Monday (2) the termination of its sponsorship contract with Fictor, its second-largest sponsor, due to non-payment and the company's judicial recovery request involving a R$ 4.2 billion debt. The club is owed R$ 2.6 million in the recovery process. Fictor, which attempted to acquire Banco Master in November 2025, blames its troubles on the scandal from the bank's liquidation.
Reported by AI
Marseille-based Jott, a premium down jacket specialist controlled by L Catterton fund since 2021, experienced rapid growth before collapsing in three years. On December 18, the Marseille commercial court placed it in judicial recovery with a six-month observation period. This case highlights challenges in French ready-to-wear, though Jott stands out for its contemporary appeal.