×
80 266
Fashion Jobs
BLOOMINGDALE'S
Outlet Keyholder Selling, Merrimack - Full Time
Permanent · Merrimack
TJ MAXX
Retail Sales Floor Supervisor Full Time
Permanent · Dunwoody
TJ MAXX
Distribution Center Supervisor- Pittston, PA
Permanent · Pittston
HOMEGOODS
lp Detective
Permanent · Christiana
MARSHALLS
Loss Prevention Detective
Permanent · Worcester
TJ MAXX
lp Detective
Permanent · St. Cloud
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · La Verne
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Rockwall
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Morristown
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Roseville
ULTA BEAUTY, INC.
General Manager
Permanent · New York
NORDSTROM
Asset Protection - Agent - Manchester Highlands Rack
Permanent · Manchester
NORDSTROM
Asset Protection - Security Ambassador - Twenty Ninth Street Shopping Center Rack
Permanent · Boulder
NORDSTROM INC
Asset Protection - Security Ambassador - Rookwood Pavilion Rack
Permanent · Cincinnati
NORDSTROM
Asset Protection - Security Ambassador - City Creek Center
Permanent · Salt Lake City
NORDSTROM INC
Asset Protection - Security Ambassador - Southcenter
Permanent · Tukwila
NORDSTROM INC
Manager Asset Protection 3 - Chandler, az
Permanent · Chandler
NORDSTROM INC
Asset Protection - Agent - Tampa Rack
Permanent · Tampa
NORDSTROM
Asset Protection - Agent - Brentwood Place Rack
Permanent · Brentwood
NORDSTROM
Asset Protection - Security Ambassador - Gateway Center Rack
Permanent · New York
NORDSTROM
Asset Protection - Agent - South Coast Plaza
Permanent · Costa Mesa
NORDSTROM INC
Asset Protection - Security Ambassador - Rack at 31st & 6th
Permanent · New York
By
AFP
Translated by
Nicola Mira
Published
Mar 21, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alain Némarq, CEO of French jeweller Mauboussin, in negotiations to become owner

By
AFP
Translated by
Nicola Mira
Published
Mar 21, 2019

The CEO of French jeweller Mauboussin, Alain Némarq, who has a 15% stake in the company, told the AFP agency on Wednesday he has started exclusive negotiations with Mauboussin’s holding company to acquire a majority interest in the jeweller.


Alain Némarq - AFP/Stéphane de Sakutin


Mauboussin, a family business founded in 1827, was bought by Swiss entrepreneur Dominique Frémont in 2002, when Némarq took charge as CEO. Némarq, 66, currently holds a 15.7% stake in Mauboussin, while Dominique Frémont, via his DPF holding company, owns the remaining 84.3%.

In a press release issued on Wednesday, “Alain Némarq, CEO of Mauboussin, announced he has entered exclusive negotiations with DPF Holding, owner of Mauboussin, in order to acquire a majority stake in Mauboussin.”

No details were given about the value of the operation, or its terms.

After taking charge in 2002, Némarq reorganised and relaunched the jewellery brand, which reported a revenue of €75 million for 2018, and operates about sixty stores and retail corners in France.

Némarq did not hesitate to break with industry tradition as soon as he joined Mauboussin, making it the first jeweller to post the price of its products on its advertisements, blanketing the Paris underground with them.

Each year, Mauboussin sells about 60,000 pieces of jewellery - with rings priced from €395, for the ‘Capsule d'émotions’ model - and just under 25,000 watches. A high jewellery line was also launched in 2017.

Four years ago, the brand began to relocate its production in France and Europe, at a time when 30% of its output was made in China, 25% in India and 20% in Thailand. “I brought back to Europe 98% of our jewellery production, over 70% of it in France. It was a deliberate policy, when some competitors were instead delocalising. I wanted to improve service, cut my logistics costs and benefit from a shorter time to market,” said Némarq to the AFP agency in October 2018.

Copyright © 2021 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.