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France: Naf Naf partially acquired by Groupe Beaumanoir

Iconic 1990s womenswear brand Naf Naf, which was in receivership, has been partially acquired by Groupe Beaumanoir (Caroll, Bonobo, Cache Cache, Morgan, Sarenza, etc.). The acquisition was confirmed on Thursday in a court decision seen by AFP. Groupe Beaumanoir has proposed to retain around 300 of the brand’s current 600 employees, according to...

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Business

Has the Vivarte Group been rescued?

French group Vivarte (André, La Halle, Kookai, Caroll, San Marina, Chevignon, Naf Naf, Besson) is going through a major crisis - one that has been going on since the start of this decade. Patrick Puy, President of the Group, has not beaten about the bush concerning the crisis: he is selling off the group, piece by piece. This strategy is in line...

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