[ad_1]
Ensure growth and prennit signs
In a statement, Vivarte has officially announced the sale of its brands San Marina, Minelli and Cosmoparis. The group low Paris, which faces a heavy debt due to the fall in sales, believes that this decision will allow to ensure all brands, brands and badociated jobs, the best conditions for growth and sustainability . For trade unions, this process of sale symbolizes the end of the Vivarte group . According to the management of the group, the three brands are expected to be sold in 2019. The divestments will enable the textile and clothing specialist group to refocus on its flagship brands.
Refocus on Halle and Caroll
According to Vivarte's boss, Patrick Puy, the sale of these banners is aimed at revitalizing them. The former Andr group, renamed in 2001, is continuing its restructuring to fully devote its main companies, La Halle aux Vtements and Caroll, which represent 80 % of its turnover. In recent years, Vivarte already has several of its brands, such as Naf Naf, Kooka, SuperSport, Accessory Diffusion and Dfi Mode. Negotiations have already begun to sell Chevignon, another of its banners.
Source link
