
European investment firm HLD, currently negotiating to buy the French fashion label, was founded in 2010 and owns stakes in 18 companies, which altogether generate an annual revenue of €2 billion.
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European investment firm HLD, currently negotiating to buy the French fashion label, was founded in 2010 and owns stakes in 18 companies, which altogether generate an annual revenue of €2 billion.
The French department store group, owner also of La Redoute, Royal Quartz Paris, Louis Pion, Mauboussin and BazarChic, has hired Sandra Weber, a corporate finance expert formerly with Swiss retail group Rallye.
After supporting the creation of Livy in 2017, the French group has buttressed its lingerie business by buying a stake in Ysé, an underwear label founded in 2012 by Clara Blocman and Bérengère Lehembre.
A report published on Wednesday by a parliamentary commission found that the violence linked to the ‘yellow vest’ movement has had a disastrous impact on entire sectors of France’s economy, costing billions of euros.
For spring 2019, the Dutch fashion chain has presented a collection of six wedding dresses, including a short straight dress and a jumpsuit, all priced below €180.
The German company has come up with a new mass-market self-care and beauty brand for the French and Scandinavian markets: N.A.E., or Naturale Antica Erboristeria, the fresh offshoot of an older Italian brand.
Rallye, the holding company that controls French supermarket retailer Casino, has received an offer for its 'Courir' sports brand, with both companies keen to sell assets and trim debts.
Indebted retailer Casino could sell or turn some its 20 loss-making hypermarkets in France into franchises, among options for the stores it has outlined to worker unions, a spokesman said.
Casino, which is battling to ease investor concerns about its high debt levels, posted stronger-than-expected second-quarter revenue, thanks to accelerating sales in France and Brazil, and predicted solid growth ahead.
France's largest food retailer Carrefour is partnering with Alphabet's Google to make groceries available on the U.S. search engine's dedicated shopping site or through voice-assisted devices, the companies said.