French fashion chain Naf Naf, part of the Vivarte group, has a new owner. A chinese group, led by fashion group La Chapelle, paid 52 million euro to acquire it.
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French Casino Guichard and Auchan Retail are considering an alliance to help both retail chains negotiate better prices with major consumer-goods makers and thus withstand competition from international players on the French supermarket sector.
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Amazon is the undisputed leader of the French online world thanks to a 5.6 billion euro turnover and a 19 % market share. According to Kantar Worldpanel, the overall online market in France was worth 30 billion euro in 2017.
Amazon will make a huge leap forward in France, thanks to a new collaboration with the French chain Monoprix. A large section of the latter’s product range will soon become available to Amazon Prime Now subscribers.
Belgian music store chain Keymusic will go to France, with a first store in Valenciennes across the French border. Previously, the chain also entered the Dutch market.
After eleven years as Dior Homme’s Chief Creative Officer, Belgian Kris Van Assche is to leave the fashion label to find new challenges. British designer Kim Jones will replace him.
Maisons du Monde has broken through the 1 billion euro barrier in 2017. The French furniture chain continues its sturdy growth, also in the United Kingdom, but still adjusted its full-year forecast downward.
Consumers that want to know everything about the chicken they eat will rejoice at Carrefour’s latest addition, because it will detail everything about the origin of its private label chicken thanks to blockchain technology.
Fashion label Givenchy will bring its web shop to other territories aside from France. Consumers from Italy, the Netherlands, Spain and the United Kingdom will now also be able to buy the entire collection and unique items online.
Amazon once again confirms its food distribution ambitions, this time through French CEO Frédéric Duval. The American online giant is eager to launch its grocery service in France as well.
Belgian listed real estate developer Banimmo sold its French subsidiary, which specialized in retail real estate transformation. It has been sold to help lower the parent company’s debt.
Rakuten has decided to get rid of its French brand Priceminister and absorb it into Rakuten, similar to what it did tot British Play.com.
After three months of negotiations and decades of smaller farmers’ dissatisfaction, there is finally an agreement on a list of quality checks for camembert cheese.
French sports retailer Go Sport, which has twelve stores in Belgium, has very ambitious expansion plans. Spain and Poland are its European targets, but it will also focus on Morocco and India.
French entertainment and electronics retailer Fnac Darty (owner of Belgian chain Vanden Borre and Dutch BCC) has experienced a “solid 2017”, with a nearly 40 % turnover increase.
French fashion label Chanel obtained a minority stake in British Farfetch. It wants to use the online retailer’s expertise to create more digital innovations for its own customers.