How Noz aims to become world leader in stock clearance

Noz already bought up stock from bankrupt chains like Made.com, Esprit and Habitat, but wants to go bigger in the future. The French seller of leftover stock is aiming for world leadership and wants to become the outlet partner for all brands.

Selling follows naturally

In France, Noz accounts for 336 stores and more than three million customers a month. Last year, the stock clearance specialist posted sales of 793 million euros, good for 11% growth, and opened an average of two stores per month. In time, according to the chain, the number of stores could double.