The development of the town was due to the presence of a bridge, across the Isère, built by the monks of the Abbey Saint Bernard of Vienne, in 1033.

If the inhabitants of the jurisdiction of the current canton were exempt, with the exception of the days of major fairs, foreigners were however taxed at a premium.

This activity didn't slow the settlement of the habitat, and the hamlet of Pizançon (commune of Chatuzange-le-Goubet), which originally stood at the end of the bridge, saw its population grow rapidly.

Succeeding a solid tradition of hosiery under the Ancien Régime, mainly manufacturing women's underwear, felt headwear was introduced around 1810 by workers from Cognin in Isère.

The felt was obtained from domestic rabbit hair, which was the subject of many processes, carried out by workers in difficult conditions of humidity, such as blowing or fulling.

However, the installation of the railway line to Romans in 1864 put an end to the local origin of the raw material, since cheaper Australian rabbit hair was then preferred.

However, from 1930, the fashion of "bare heads" and the lack of exports caused a rapid decline of the headwear, although some workshops continued to operate until 1985.

The festival closes in beauty with the organization of three evenings, hosted by professional magicians of international scope, bringing together more than 1,500 spectators.