BY THE NUMBERS (Key data points) In late March, Casino completed its financial restructuring and a new leadership team was appointed by a consortium led by Czech billionaire Daniel Kretinsky, ending the 30-year reign of the company's owner, Jean-Charles Naouri. Mosiac, the struggling company that owns womenswear brands Noni B, Katies, Autograph and more, sai...
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"To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential," recently appointed CEO Philippe Palazzi said in a statement. If you liked this article and you would like to be ...
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The probe was launched after the prosecutor's office was alerted by France's AMF market watchdog, a source had told Reuters. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020. "To improve our economic performance, we have begun streamlining our store network: closing unprofitable...
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