E.Leclerc and German giant Rewe create purchase alliance

E.Leclerc and German giant Rewe create purchase alliance

French Leclerc and German giant Rewe have announced they will create a new purchase alliance in order to stimulate their growth and purchase deals.

Common strategic plans

Michel-Edouard Leclerc (head of E.Leclerc), and Alain Caparros (head of German Rewe Group) have announced in a press release they would "enter a strategic alliance in order to align their common strategic plans". Both companies particularly aim to collaborate on a purchase level.

 

Both companies have also decided to "take advantage of this synergy to realign their teams on common strategic projects, like the development of bio products, tourist activities, import, energy and electric mobility."

 

Rewe joins Coopernic alliance again

At the same time, the Rewe group will leave Belgian purchase alliance Core in order to join the Coopernic alliance once more. Other members in the Coopernic alliance are E.Leclerc, Coop Italia and Delhaize.

 

Leclerc had a 45.7 billion euro turnover (37 billion euro excluding gas sales) in 2014, with 42.2 billion generated in France. The German Rewe group on the other hand a worldwide turnover of 51 billion euro.

Questions or comments? Please feel free to contact the editors


Hunkemöller wants to conquer Switzerland

17/08/2017

Dutch lingerie chain Hunkemöller aims to open a chain of physical stores in Switzerland, after having already opened a Swiss web shop in September 2016. The first physical store will open its doors in October.

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, as it wants to focus on its food brands henceforth.

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. 

Back to top