Alain Figaret
A French luxury shirt brand founded in 1968 and now known as Figaret Paris.
Last updated October 30, 2026
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Overview
Alain Figaret is a French luxury shirt brand founded by Alain Figaret in 1968. The business began in Biarritz, where it opened its first boutique, before expanding to Paris. In 1970, it opened a store on rue de Longchamp under the name Princeton. The brand established a dedicated Alain Figaret shirt boutique in 1976 on rue de la Paix, a location that became its flagship store. The company developed around specialist shirtmaking rather than a broad general-fashion proposition. Its offer has centered on men's and women's shirts, combining formal and everyday wardrobe uses with an emphasis on fabric quality, construction, fit, and French styling. The business later pursued a vertically integrated model, controlling activities from sourcing and production through distribution in its own retail network. This structure was presented as an important point of differentiation in the international shirt market. A major phase of family-business development began in 1992, when Fabrice Figaret joined the company. He first focused on consolidating the business and subsequently accelerated its development in France and overseas. During his tenure, the brand expanded its commercial reach and its turnover grew substantially, although the available reference does not provide a dated financial series or the underlying figures. Ownership changed in stages. Groupe EPI acquired a majority stake in 2005, and the remaining Figaret-family shareholders sold their interests to the Descours family in 2008. Groupe EPI's wider portfolio has included brands such as Bonpoint, Piper-Heidsieck, and J.M. Weston. In 2017, investment fund Experienced Capital Partners, which focuses on affordable luxury, acquired a 70 percent stake and implemented a plan to revive the brand. The brand is now referred to as Figaret Paris. Its identity remains associated with French luxury shirting and with a heritage built around specialist retail, vertically coordinated production, and the historic Paris flagship. The available public material does not include current store counts, detailed geographic distribution, the current chief executive, or an official website URL.
History
Alain Figaret was launched in 1968 by Alain Figaret, beginning with a first boutique in Biarritz, France. The initial location established the brand's French retail identity and its specialization in shirts. Two years later, the business expanded to Paris with a store on rue de Longchamp operating under the name Princeton. This early move gave the company a presence in the capital while it was still developing its dedicated brand architecture. The decisive retail milestone came in 1976, when the first shop entirely devoted to Alain Figaret shirts opened on rue de la Paix. The Paris location became the company's flagship and symbolized its development from a founder-led boutique into a more established luxury shirt specialist. The brand's proposition was built around men's and women's shirts, with attention directed toward materials, cut, and the presentation of French dressing rather than a broad, undifferentiated apparel assortment. The family business entered another development phase in 1992, when Fabrice Figaret joined the company. His initial objective was to consolidate the existing business. He then pursued faster development in France and international markets. The supplied reference states that the company's turnover tripled during his tenure, but it does not provide the relevant dates, base period, or exact amounts, so no numerical financial estimate is included here. As the business expanded, Figaret became one of the relatively few international brands described as vertically integrated. It controlled the process from sourcing and production to distribution through its own proprietary retail network. This model allowed the company to coordinate product development, manufacturing, merchandising, and customer presentation more closely than a brand relying primarily on external wholesale distribution. The available material does not identify each production site, supplier, or country in the manufacturing chain. Ownership subsequently moved beyond the founding family. In 2005, Groupe EPI took a majority stake. Groupe EPI was associated with the Descours family, whose wider brand interests included Bonpoint, Piper-Heidsieck, and J.M. Weston. In 2008, the remaining Figaret-family shareholders sold their shares to the Descours family. These transactions marked the end of the family's direct ownership while preserving the brand's established name and shirt-focused identity. A further ownership and strategy change occurred in 2017, when Experienced Capital Partners, an investment fund specializing in affordable luxury, acquired a 70 percent stake. A plan to revive the brand was implemented after the investment. The supplied Wikipedia reference identifies the contemporary brand as Figaret Paris, indicating a current naming and identity framework that retains the Figaret heritage while presenting it as a Paris-associated luxury label. The available sources support a history of specialist retail expansion, family-business management, vertical integration, and successive ownership changes. They do not provide enough verified detail for a full account of current management, store numbers, sales channels, manufacturing geography, product collections, or financial performance. Accordingly, those areas remain unfilled rather than inferred.
- 2017
Experienced Capital Partners invests in the brand
[1]Experienced Capital Partners acquires a 70 percent stake and introduces a plan to revive the business.
- 2008
Remaining family shares sold
[1]The remaining Figaret family shareholders sell their interests to the Descours family.
- 2005
Groupe EPI takes a majority stake
[1]Groupe EPI acquires a majority interest in Alain Figaret.
- 1992
Fabrice Figaret joins the family company
[1]Fabrice Figaret joins the business, first consolidating operations and later accelerating development in France and overseas.
- 1976
Rue de la Paix shirt flagship established
[1]The first shop wholly dedicated to Alain Figaret shirts opens on rue de la Paix and becomes the brand's flagship store.
- 1970
First Paris store opens under the Princeton name
[1]The business opens a store on rue de Longchamp in Paris under the name Princeton.
- 1968
Brand launched in Biarritz
[1]Alain Figaret launches the brand and opens its first boutique in Biarritz, France.
Products and positioning
A French luxury shirt brand emphasizing fabric quality, fit, craftsmanship, and a vertically integrated approach to sourcing, production, and retail.
Shirts · 1968
Men's shirts
Men's shirts are a core part of the brand's specialist offer. They are associated with formal and everyday French dressing and with the brand's emphasis on fabric selection, construction, fit, and presentation. The available reference does not identify specific cuts, textile suppliers, named collections, or launch dates.
Shirts
Women's shirts
Women's shirts form the other principal product category identified for Alain Figaret. The line extends the brand's luxury-shirting proposition to women's wardrobes, with a focus on materials, silhouette, and French styling. Specific sub-lines, fabrics, and current availability are not documented in the supplied sources.
Brand decisions
2017
Experienced Capital Partners acquires a 70 percent stakeM&ABackground
The brand entered a new ownership phase with an investor focused on affordable luxury.
Action taken
Experienced Capital Partners acquired a 70 percent stake and implemented a plan to revive the brand.
Aftermath
The brand continued under a revival strategy and is identified in the reference material as Figaret Paris.
2008
Sale of remaining family shares to the Descours familyM&ABackground
Following Groupe EPI's majority investment, members of the founding family still held residual interests.
Action taken
The remaining Figaret family shareholders sold their shares to the Descours family.
Aftermath
The Descours family became the controlling owner described in the reference material.
2005
Majority investment by Groupe EPIM&ABackground
The family-owned shirt specialist had developed a retail and vertically integrated business before Groupe EPI entered its ownership structure.
Action taken
Groupe EPI took a majority stake in Alain Figaret.
Aftermath
The investment began a transition away from direct family control; the remaining Figaret-family shares were later sold to the Descours family in 2008.
Sources1 sources
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