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41:
341:. The next month, Conforama announced that it would take a 17% stake in the French number two in online clearance retail site Showroomprivé.fr in the amount of €157.4 million. On 11 January 2018, this stake was urgently sold off on the orders of Steinhoff, which was suffering from its own accounting scandal. The proceeds of this sale to Carrefour amounted to €79m, a loss of 50%.
29:
205:
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Although the group had a net turnover of €3.4 billion in 2018, according to the parent company, they have accumulated losses of nearly €500 million ($ 564 million) since 2013. To that end, and to address the challenges in the retail sector, the company announced the departure of Frank
321:
returned with a higher offer, resulting in a bidding war between Fnac and
Conforama during April 2016. On 26 April, Conforama announced that it had dropped out in the battle for Darty. The Fnac offer was declared unconditional on 19 July 2016, thereby allowing the takeover to be completed. In
345:
Deshayes, general manager France, on 9 July 2019. A major restructuring plan for 2020 that was announced in July 2019, involved the closure of 32 stores – including the chain's flagship store in Pont Neuf – and the loss of 1,900 jobs.
435:
273:
In the early 1960s, Pierre and Guy
Sordoillet, Jean Moll and Jacques Ragageot, supported by furniture dealers in the North and a Bordeaux manufacturer, Charles Minvielle, created a "
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of furniture" by testing a discount formula in the outbuildings of an old farm in the suburbs of Lyon. In 1967, the first
Conforama was opened in
889:
763:
466:
670:
879:
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688:
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In March 2016, Darty announced it had agreed to be purchased by
Steinhoff for ÂŁ673 million, through Conforama subsidiary.
348:
In late
September 2019, Conforama named Marc TĂ©nart as the new general manager of the group. Marc TĂ©nart had formerly headed
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884:
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In 1981, the financial holding company experienced serious legal difficulties, and in 1991, Conforama was acquired by
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retail chain with over 200 stores in France, Spain, Switzerland, Portugal, Luxembourg, Italy, and
Croatia.
894:
278:
104:
46:
816:
323:
338:
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708:"Conforama : les syndicats de plus en plus inquiets après le départ du directeur général"
745:
262:
364:
349:
224:
129:
58:
868:
40:
790:"Conforama: Marc Ténart nommé PDG pour mener à bien la restructuration du groupe"
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acquired the 162 French branches of
Conforama, through its French subsidiary
353:
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28:
746:"Furniture retailer Conforama announces 1,900 job cuts in France in 2020"
157:
333:. The deal, reportedly worth €10 million a season, started in the
330:
842:
409:
124:
82:
619:"Retailers Casino and Conforama create French purchasing alliance"
571:"Fnac-Darty: Alexandre Nodale, PDG de Conforama, garde le sourire"
410:"Toutes les actus des magasins Conforama sur le site lsa-conso.fr"
304:
436:"PPR finalise la cession de Conforama au sud africain Steinhoff"
329:
In April 2017, Conforama signed title sponsorship with France's
318:
645:"Conforama signs €10m title sponsorship with France's Ligue 1"
546:"Fnac and Conforama trade rapid fire bids for France's Darty"
493:"Darty accepte le mariage avec Conforama et délaisse la Fnac"
689:"Showroomprive bondit en Bourse après l'entrée de Carrefour"
727:"Conforama confirme 42 fermetures et 1900 postes supprimés"
467:"Qui est Steinhoff, le discret propriétaire de Conforama?"
295:. Conforama set up its first commercial website in 1998.
115:
Pierre and Guy
Sordoillet; Jean Moll and Jacques Ragageot
764:"L'ex-patron de Castorama nommé à la tête de Conforama"
817:"Marc TĂ©nart, ex Kingfisher, devient pdg de Conforama"
247:
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had forged a supply purchase co-operation agreement.
597:"Groupe Fnac Offer For Darty Declared Unconditional"
322:September 2016, it was reported that Conforama and
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119:
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88:
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671:"Conforama prend 17% du capital de Showroomprivé"
544:Thomson, Adam; Massoudi, Arash (21 April 2016).
519:"Steinhoff drops Home Retail bid; buys Darty"
281:in a 2,500-square-metre industrial building.
8:
302:, for a consideration of €1.2 billion.
298:In March 2011, Conforama was sold by PPR to
21:
843:"XXXLutz übernimmt französische Conforama"
359:In July 2020, Austrian furniture retailer
27:
20:
16:French international furniture store chain
376:
7:
900:French companies established in 1967
875:Retail companies established in 1967
815:Picard, Magali (24 September 2019).
725:Caussil, Jean-Noël (11 July 2019).
706:Caussil, Jean-Noël (10 July 2019).
284:In 1976, Conforama was acquired by
33:Conforama's current logo since 2012
14:
385:"chiffre d'affaires et résultats"
905:Companies based in ĂŽle-de-France
204:
203:
39:
744:Torres, Anthony (5 July 2019).
465:Godart, Nina (26 March 2016).
1:
890:2011 mergers and acquisitions
599:. Morning Star. 19 July 2016
313:, Switzerland in April 2012
261:is Europe's second-largest
921:
880:Retail companies of France
577:(in French). 27 April 2016
499:(in French). 18 March 2016
352:, the holding company of
38:
26:
849:(in German). 8 July 2020
750:World Socialist Web Site
300:Steinhoff International
236:13,500 worldwide (2018)
220:Steinhoff International
314:
94:; 56 years ago
309:A Conforama store in
308:
269:History and ownership
92:12 December 1967
45:A Conforama store in
885:Furniture retailers
796:. 24 September 2019
649:InsideWorldFootball
625:. 19 September 2016
279:Saint-Priest, RhĂ´ne
238:9,000 France (2018)
232:Number of employees
162:Christophe Guégan (
105:Saint-Priest, RhĂ´ne
23:
695:. 11 January 2018.
315:
180:Home and furniture
389:www.infogreffe.fr
256:
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223:French branches:
209:US$ 2.570 billion
49:, France, in 2012
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446:on 20 March 2011
442:. Archived from
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263:home furnishings
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183:Home improvement
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651:. 21 April 2017
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550:Financial Times
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525:. 18 March 2016
523:Financial Times
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186:Photo finishing
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677:. 12 May 2017.
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335:2017–18 season
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192:Party supplies
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130:Seine-et-Marne
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895:French brands
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361:XXXLutz Group
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337:and ended on
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286:Agache-Willot
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156:Marc TĂ©nart (
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851:. Retrieved
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827:25 September
825:. Retrieved
820:
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800:25 September
798:. Retrieved
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774:25 September
772:. Retrieved
768:BFM Business
767:
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749:
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475:. Retrieved
471:BFM Business
470:
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448:. Retrieved
444:the original
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418:. Retrieved
414:lsa-conso.fr
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392:. Retrieved
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120:Headquarters
72:NL0011375019
55:Company type
18:
823:(in French)
770:(in French)
477:18 December
473:(in French)
450:30 November
420:18 December
416:(in French)
394:9 September
311:Wallisellen
177:Electronics
142:Area served
869:Categories
675:Challenges
629:16 October
575:Challenges
440:Stratégies
371:References
350:Kingfisher
293:Pinault SA
152:Key people
99:1967-12-12
821:LSA Conso
731:LSA Conso
712:LSA Conso
693:Les Echos
497:Le Figaro
354:Castorama
275:Carrefour
259:Conforama
248:conforama
146:Worldwide
22:Conforama
655:21 April
555:22 April
529:18 March
503:20 March
171:Products
158:Chairman
79:Industry
623:Reuters
603:25 July
339:2019–20
331:Ligue 1
243:Website
200:Revenue
112:Founder
97: (
89:Founded
853:8 July
847:orf.at
794:FIGARO
581:16 May
324:Casino
211:(2017)
135:France
125:Lognes
83:Retail
59:Public
216:Owner
47:Torcy
855:2020
829:2019
802:2019
776:2019
657:2017
631:2017
605:2016
583:2016
557:2016
531:2016
505:2016
479:2017
452:2019
422:2017
396:2019
319:Fnac
103:(in
66:ISIN
365:BUT
250:.fr
225:BUT
164:COO
871::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
