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Tag: France

Esprit France declares bankruptcy amidst ongoing financial struggles

August 21, 2024 No Comments Business , , , , , ,

Translated by Roberta HERRERA Published Aug 21, 2024 Following the bankruptcy of Esprit‘s European structure in Germany on May 15, Esprit de Corp France has also entered judicial reorganization. The Nanterre Commercial Court made its decision regarding the company based in Boulogne-Billancourt on July 18. ESPRIT Esprit Europe and six other German subsidiaries had filed [...]read moreEsprit France declares bankruptcy amidst ongoing financial struggles

The Body Shop France shuts down

July 18, 2024 No Comments Business , , ,

Placed in receivership by the Paris Commercial Court on April 4, The Body Shop France, the French entity of British cosmetics retailer The Body Shop, was placed in compulsory liquidation on July 17. As expected, the only remaining partial takeover bid, that of Berger International, which had been revised downwards, was not accepted. The Body [...]read moreThe Body Shop France shuts down

The Body Shop France is said to be on the verge of compulsory liquidation

July 11, 2024 No Comments Business , , , , ,

Placed in receivership by the Paris Commercial Court on April 4, the French entity of British cosmetics retailer The Body Shop will know its fate on July 17, but the proceedings appear to be heading towards compulsory liquidation. The Body Shop France heading towards liquidation – The Body Shop- Facebook At the beginning of June, [...]read moreThe Body Shop France is said to be on the verge of compulsory liquidation

Amazon to invest $1.3 billion in France, create 3,000 jobs

May 13, 2024 No Comments Beauty , , , , ,

By Reuters API Published May 13, 2024 Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the country. The French presidency had said on Sunday that Amazon and other companies, including GSK and Accenture, would announce investments worth [...]read moreAmazon to invest $1.3 billion in France, create 3,000 jobs

France most attractive European country for foreign investment again, says EY

May 2, 2024 No Comments Beauty , , , , ,

By AFP Translated by Nicola Mira Published May 2, 2024 For the fifth consecutive year, France has retained the title of most attractive European country for foreign investment projects, according to an annual study published by consulting firm EY a few days ahead of the Choose France summit. Shutterstock Last year, foreign companies opted for [...]read moreFrance most attractive European country for foreign investment again, says EY

Online fashion sales in France fell by 4.9% in March

May 2, 2024 No Comments Business , , , , ,

Translated by Nicola Mira Published May 2, 2024 The results published by the French Fashion Institute (IFM) for March 2024 show that retail sales in France for the apparel sector increased by 1.4% over 2023. “The calendar contributed positively to this result, since there were five Saturdays in March 2024 as opposed to four in [...]read moreOnline fashion sales in France fell by 4.9% in March

China, France post weak results in Q1

April 25, 2024 No Comments Business , , , ,

Translated by Nicola Mira Published Apr 25, 2024 The SMCP group has announced in its new strategic plan that it wants its international business to take advantage of prevailing global market trends. The group that owns Sandro, Maje, Claudie Pierlot and Fursac will soon open in India, in partnership with local giant Reliance Brands. One [...]read moreChina, France post weak results in Q1

The Body Shop France looking for buyer

April 22, 2024 No Comments Business , , ,

Translated by Nicola Mira Published Apr 22, 2024 The Body Shop’s French subsidiary was placed into receivership by the Paris court on April 4, and is now looking for a buyer. Interested parties have until June 3 to put forward their bids. The Body Shop- Facebook Still struggling after being bought by German investment fund [...]read moreThe Body Shop France looking for buyer

Hermès begins construction of a leather goods workshop east of Angoulême, France

April 9, 2024 No Comments Beauty , , , , , , , ,

Hermès is further enhancing its production capacity in France, focusing yet again on leather crafts, particularly in the South-West region of France. The luxury house has announced the construction of a new leather goods workshop, set to open in 2025 in Isle-d’Espagnac, located four kilometers from Angoulême, in Charente. This site is expected to eventually [...]read moreHermès begins construction of a leather goods workshop east of Angoulême, France

The Body Shop France goes into receivership

April 5, 2024 No Comments Business , , ,

Translated by Nicola Mira Published Apr 5, 2024 The Body Shop France was placed in receivership on Thursday April 4 by the Paris trade court, according to a report by BFM Business. The British cosmetics retailer, still struggling after being bought by German investment fund Aurelius at the end of 2023, filed for suspension of [...]read moreThe Body Shop France goes into receivership