Combined purchase capabilities for Casino and Dia

Combined purchase capabilities for Casino and Dia

French Casino and Spanish Dia have entered in an alliance to acquire products together, both from international suppliers as for most of their own private labels. The new alliance will be called ICDC Services.

Price war and small margins

Both distributors, worth 59 billion euro in purchases (48.5 billion euro for Casino alone), "have decided to join forces internationally to boost their competitiveness relative to major suppliers of national brand food products", a press release states. They will be "combining their expertise and the synergies that exist between their geographic locations and store formats".

 

Both groups will also "coordinate purchasing negotiations for their private-label brands in Europe, with the aim of ultimately pooling around 50% of volumes". The Goal is to create a huge European platform for private labels "to open up additional markets to existing suppliers and also improve the product offering available to consumers."

 

A never-ending price war and ever-smaller margins in the European distribution sector have forced both companies into this alliance. Other companies have already bundled their forces internationally as well, like Auchan -  Metro and E.Leclerc and Rewe (which reinstated their previously annulled alliance). Back in August, Intermarch√©, Colruyt, Conad and Coop announced their agreement to become Europe's largest purchase alliance, Alidis.

Questions or comments? Please feel free to contact the editors


Slower growth for Primark

18/01/2018

Irish fashion chain Primark’s first quarter turnover grew 7 % at level exchange rates and 9 % taking the fluctuations into account. Analysts had forecast higher numbers however.

Zalando's profit is slightly below expectations

17/01/2018

German fashion web shop Zalando has grown nearly a quarter in the past fiscal year and its company profit also nearly grew 5 %, although the latter was slightly below its own expectations.

Record turnover for Yoox Net-a-Porter in 2017

16/01/2018

Online retailer Yoox Net-a-Porter (YNAP) achieved a record turnover in 2017, surpassing two billion euro. That is a growth of more than 10 % compared to the year before, when it just missed that milestone.

Hugo Boss reaches growth targets for 2017

16/01/2018

German fashion brand Hugo Boss has managed to reach its targets for 2017, partially thanks to strong fourth quarter growth. For its full fiscal year, turnover grew 3 % (excluding exchange rate fluctuations).

C&A owners consider sale to Chinese investors

15/01/2018

The Dutch Brenninkmeijer family is considering to sell clothing chain C&A according to German magazine Der Spiegel. One option is to sell to Chinese buyers.

Gucci opens restaurant and museum in Florence

12/01/2018

Fashion brand Gucci has opened a museum and a restaurant for fifty people in Florence. Three-star chef Massimo Bottura will serve high-quality meals there. A dish will cost between 20 and 30 euro.

Back to top