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, Intermarché, 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


Shoe brand Bally put up for sale

16/08/2017

Austrian investment firm JAB Holding wants to sell Swiss shoe brand Bally, hoping to get at least 600 million euro. The same company sold shoe brand Jimmy Choo not too long ago.

Crocs loses patent battle

14/08/2017

Shoe manufacturer Crocs has lost a patent court case revolving around the shoe’s design. According to the American Patent & Trademark Office (USPTO), another company has had a similar design for much longer.

Coolcat's losses compound

14/08/2017

Dutch fashion chain Coolcat, part of entrepreneur Roland Kahn’s group, has not managed to lower its losses in 2016. On the contrary: its losses grew more than 50 % compared to the year before.

Zalando's growth once again surpasses 20 %

10/08/2017

German Zalando has achieved its 20 % growth target for the second quarter, but just barely. It still forecasts a 20 to 25 % growth for its full fiscal year.

Gucci files lawsuit against Forever 21

09/08/2017

Fashion label Gucci has decided to file a lawsuit against fashion chain Forever 21 in the United States. The case revolves around several pieces of clothing, all with a blue-red-blue or green-red-green ribbon. 

Ralph Lauren outperforms expectations

08/08/2017

Fashion label Ralph Lauren’s first quarter was a very good one, as it beat both analysts’ turnover and profit forecasts. It is quite a turnaround for a company that suffered a huge loss only a year ago.

Back to top