VIVARTE GROUP

Overview
Based in France

Europe's leading retail footwear group

Present in Spain, Switzerland, Poland, Hungary, and the Czech Republic.

22, 000 employees4,500 outlets

24 brands
2010 they had a turnover of more than 3 billion €.

Examples of brands:
* André
* Carroll
* Chevignon
* Kookai
* La Halle!
*Chaussland
* Naf Naf
* San Marina

History

Started out as a shoe manufacturer, founded in 1896 by Albert Lévy as Manufacture Nancienne de Chaussures, based in the Alsaceregion town of Nancy. Specialized in producing quality, low-priced footwear. The franchise system helped them expand and open several stores different names in a single location inorder to capture a wider variety of consumers from big cities and small towns.

Today, Vivarte has 4 major categories of business :
1.
Discount shoe stores ,
2.
Discountclothing stores, located in out-of-town shopping centers,
3.
Downtown shoe stores ,
4.
Downtown clothing stores.

For which shoe sales account for 49% of the company'srevenues; clothing sales generate 44% of sales, while France remains the company's primary market representing 93% of the group's sales; of these, more than 70 percent are generatedthrough out-of-town locations. In addition, in 2008 they set up their first online sales site and now accounts for 5% of the total sales.

Moreover, in contrast to their beginnings,Vivarte now contracts out nearly all of its shoe manufacturing needs, but the company still maintains a single production facility, in its historic home of Nancy.

Furthermore, onFebruary 20, 2004 the group
sold 54 % of its company to Financière 2 PAI, a company owned by funds investment managed by PAI partners, and of all its founders one remained with 14% . [à continuer]

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