×
167
Fashion Jobs
LE HUMAN RESOURCES SOLUTIONS PVT LTD
Production Manager
Permanent · Pune
FIRST MERIDIAN BUSINESS SERVICES
Head Production Manager
Permanent · Gurugram
ADECCO INDIA PRIVATE LIMITED
Sales Manager
Permanent · Mumbai
ALEMBIC PHARMACEUTICALS
Area Development Manager
Permanent · Pune
LEVI'S
Technical Product Manager
Permanent · Bengaluru
THE SEARCH HOUSE (A DIV OF JSD SEARCH HOUSE PVT. LTD.)
Manager Production-Sheet Metal (Laser /Punching/ Press Break)
Permanent · Bhiwadi
ABHAY INDUCTION TECH PVT LTD
Sales Manager
Permanent · Ahmedabad
FREELANCER PRATIK PARIKH
Opening in Leading Life Insurance Company/ Area Business Manager
Permanent · Gandhinagar
MANISHMEDI INNOVATION
Area Sales Manager
Permanent · Hyderabad
OJB HERBALS
Area Sales Manager
Permanent · Ranchi
LIVE BIOTECH PRIVATE LIMITED
Area Sales Manager, Regional Sales Manager, Zsm
Permanent · Chennai
KM ELECTRONIC CABLES PVT. LTD
Area Sales Manager - Vijayawada
Permanent · Chennai
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
STAR UNION DAI ICHI LIFE INSURANCE (SUD LIFE)
Hiring- Area Manager - Bancassurance- Kolkata Metro
Permanent · Kolkata
NIKKO & CO.
Area Sales Manager /Sales Officers(5-10 Yrs Into Fmcg)
Permanent · Karimnagar
FUTURE GENERALI
Opening For Area Manager in Bangalore With Future Generali li
Permanent · Bengaluru
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
LENSKART
Area Operations Manager
Permanent · Chennai
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
Translated by
Barbara Santamaria
Published
Aug 31, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Galeries Lafayette to acquire La Redoute

Translated by
Barbara Santamaria
Published
Aug 31, 2017

French department store Galeries Lafayette has announced plans to buy a 51% stake in multibrand retailer La Redoute through its holding company Motier, with the remaining 49% expected to be acquired at a later stage. The transaction is expected to finalise in the next few months subject to regulatory approval.


Les Galeries Lafayette Haussmann - DR


“With the fashion and retail industries facing unprecedented global change, the complementary position of La Redoute and Galeries Lafayette – the group’s flagship brand – would establish us as a leading physical and digital retailer specialised in fashion and home furnishings, with French roots and international outreach,” said Galeries Lafayette Group CEO Philippe Houzé.

Nathalie Balla and Eric Courteille, Co-Presidents of La Redoute, will continue to lead the company with the team in place. While the transaction would help Galeries Lafayette accelerate its transformation, for La Redoute it would mean the perfect opportunity to build a long-term link with a retail powerhouse. The companies will share their expertise and client base.

La Redoute said the deal marks the beginning of a new era for the business, and represents a great milestone for its staff. “To be linked to an investor as prestigious as Galeries Lafayette opens a new path to expand and accelerate our strategy. This deal paves the way for us to make further progress in France and on an international level, with the aim of reaching 1 billion euros in sales by 2021.”

Galeries Lafayette chief executive Nicolas Houzé said he was thrilled to start this new partnership with La Redoute. “La Redoute has made a spectacular recovery that we wish to support over the long term,” he said, adding that he feels confident about the project’s strength. 

Copyright © 2022 FashionNetwork.com All rights reserved.