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Business

Vivarte ́s restructuring: the way back to discount

French fashion group Vivarte is going through a major restructuring. The retailer announced a 1,600 jobs cut right after it reported a 10.3 percent dip in turnover over the last fiscal year. As a consequence, nearly 1 in 3 clothing stores will close in the coming months. Vivarte – parent group to brands such as Naf Naf, Chevignon, Kookaï or La...

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Fashion

Vivarte to acquire NafNaf

French fashion and footwear concern Grupo Vivarte has announced its intention to purchase Grupo NafNaf. The two companies are currently in negotiations. Grupo NafNaf is run by the brothers Gérard and Patrick Relative and encompasses the brands NafNaf and Chevignon. In a statement, Patrick Relative said that NafNaf had chosen Grupo Vivarte as it...

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