×
71 586
Fashion Jobs
NORDSTROM
Retail Stock - Middlesex Commons Rack
Permanent · Burlington
NORDSTROM
Asset Protection Agent - Menlo Park
Permanent · Edison
NORDSTROM
Technical Program Manager 1
Permanent · Seattle
NORDSTROM
Retail Stock - Mayfair Collection Rack
Permanent · Wauwatosa
MACY'S
Asset Protection Officer, Tulsa - Part Time (2840)
Permanent · Owasso
MACY'S
Asset Protection Detective, Fairlane Town Center - Full Time
Permanent · Dearborn
MACY'S
Asset Protection Detective, Maplewood - Full Time
Permanent · Maplewood
MACY'S
Beauty Account Coordinator
Permanent · New York
MACY'S
Asset Protection Detective, Lakeside - Standard Part Time
Permanent · Metairie
MACY'S
Asset Protection Detective, Westland - Full Time
Permanent · Hialeah
ATHLETA
General Manager - Atlantic Station
Permanent · Atlanta
ATHLETA
Assistant General Manager ne - Summit (The)
Permanent · Birmingham
SHISEIDO
Digital Marketing Manager
Permanent · Miami
ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · Columbus
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Southport
Permanent · Chicago
GILLY HICKS STORES
Gilly Hicks - Manager in Training, Easton Town Center
Permanent · Columbus
COTY
Coordinator, Sales Operations
Permanent · New York
FOOT LOCKER
Atmos Usa Manager in Training(Mit)
Permanent · Arlington
UNIQLO
Loss Prevention Supervisor - Great Mall, Milpitas ca
Permanent · Milpitas
OLD NAVY
Regional HR Manager - Southern California
Permanent · Los Angeles
OLD NAVY
Assistant Manager, Customer Operations - Poyner Place
Permanent · Raleigh
OLD NAVY
Assistant Manager, Customer Operations - Dierbergs-Edwards
Permanent · Edwardsville
Translated by
Benjamin Fitzgerald
Published
Aug 3, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Thomas Meyer acquires 10% Desigual stake from Eurazeo

Translated by
Benjamin Fitzgerald
Published
Aug 3, 2018

After posting a 14.5% drop in sales for the first half of 2018, compared to the same period last year, Desigual has announced that Thomas Meyer, the Spanish brand's founder and CEO, has acquired a minority stake in the label, the same stake owned by Eurazeo investment firm. The activity means Meyer is now the sole shareholder in the Barcelona-based label, a move justified by the current "market situation," according to a press release.

Thomas Meyer has bought a 10% stake in Desigual from Eurazeo - Instagram @desigual


Founded in 1984, the firm, which recorded 323 million euros in revenue for the first half of 2018, has been 10%-owned since 2014 by funds group Eurazeo. A partnership which has "allowed the brand to consolidate its international presence and develop a transformation plan." 

Such a plan was comprised of a creating new image, most notably seen in the naming of Jean-Paul Goude as its artistic director in 2017, as well as a focus on digital activities.

In 2017, the Spanish firm's revenues fell 11.5% compared to 2016, to 761 million euros. In 2014, when Desigual was acquired by Eurazeo, the fashion brand ended its financial year with sales reaching 963.5 million euros. The company has since tried to stem its revenue decline.

Today, Desigual is present in some 100 countries via more than 5,000 multibrand retailers and 500 namesake stores, employing close to 4,500 people.

Copyright © 2022 FashionNetwork.com All rights reserved.