×
128
Fashion Jobs
PUMA
Junior Manager go-to-Market Operations Nordic
Permanent · Solna
PUMA
Senior Key Account Manager Running Nordic
Permanent · Solna
PUMA
Senior Marketing Manager Cobra Puma Golf Europe
Permanent · Solna
PUMA
Strategic Key Account Manager Pure Players
Permanent · Solna
LEVI'S
Key Account Manager
Permanent · Stockholm
H&M
Global Head of Marketing h&m Sport
Permanent · Stockholm
H&M
Project Leader For Material Certification And Material Trademark Within Group Compliance
Permanent · Stockholm
H&M
Art Director – h&m Group Communications
Permanent · Stockholm
H&M
Data Analyst to Predictive Analytics Team @h&m Business Tech
Permanent · Stockholm
H&M
Data Analyst to an Inventory Optimization Team in Business Tech
Permanent · Stockholm
H&M
Business Minded Data Specialist to h&m Group
Permanent · Stockholm
H&M
Scrum Master (Service Now) to Support And Operations Toolings Team at h&m Business Tech
Permanent · Stockholm
H&M
we Are Looking For Business Intelligence Analysts to Group Expansion, h&m
Permanent · Stockholm
H&M
Business Intelligence Analyst
Permanent · Stockholm
H&M
Cyber Security Trainer
Permanent · Stockholm
H&M
Security Advisor
Permanent · Stockholm
H&M
h&m is Looking For a Business Expert For Allocation Precision
Permanent · Stockholm
H&M
Data Analyst to Allocation Precision Team to Business Tech
Permanent · Stockholm
H&M
Data Analyst to h&m Business Tech - Payments Area
Permanent · Stockholm
H&M
Business Intelligence Analysts
Permanent · Stockholm
H&M
Solution Architect in Partner Connectivity Team Within Business Tech
Permanent · Stockholm
LULULEMON
Key Leader | Stockholm Store
Permanent · Stockholm
By
Reuters
Published
Apr 11, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chinese group La Chapelle buys Vivarte's Naf Naf

By
Reuters
Published
Apr 11, 2018

Restructuring clothing retailer Vivarte said on Wednesday it had reached a deal to sell its ready-to-wear Naf Naf brand to a consortium led by Chinese fashion company La Chapelle & Co, for an undisclosed amount.


Naf Naf


Buyers also include Star Platimum Capital, a private equity firm which operates mostly in China, and consultancy firm East Links International, the statement said.

Vivarte, which faces competition from larger clothing retail chains such as H&M, Kiabi and Primark, is restructuring its business to improve its financial situation.

“The deal we signed with La Chapelle & Co. guarantees Naf Naf and the employees with the best conditions of acquisition now, and the best perspectives of growth tomorrow,” Vivarte CEO Patrick Puy said in a statement.

Vivarte sold its Kookai fashion brand, Pataugas shoes and Spanish shoes brand Merkal last year, and its Andre shoe brand earlier this year.

Naf Naf, with sales of 210 milion euros, has a network of 474 points of sales worldwide and employs about 1,200 people. In 2017 La Chapelle had a a network of 9,448 points of sale, all located in China, and employed 37,554 people. In 2017, it generated about 1.2 billion euros of turnover.

© Thomson Reuters 2022 All rights reserved.