ORCHESTRA-PREMAMAN news and archive

French kidswear chain Orchestra-Prémaman launches turnaround plan

New York- Orchestra-Prémaman, one of the biggest players in the childrenswear market in France has launched a reorganisation plan. The French group has been placed in the safeguard procedure since last September due to financial difficulties. In order to overcome the mounting debt – the company has recorded 164 million euros in cumulative...

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Orchestra-Prémaman to acquire Destination Maternity

Destination Maternity and Orchestra Prémaman have entered into a definitive agreement to merge, creating a leading global provider of maternity apparel, children’s wear and baby hard goods. The combined company is expected to have pro forma revenues of approximately 1.1 billion dollars. Commenting on the merger, Arnaud Ajdler, Destination's...