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Fashion Jobs
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Permanent · Ho Chi Minh City
PUMA
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3pl Business Expert - Import, Export And Controlling
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ADIDAS
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H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
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Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
By
Reuters
Published
Jun 26, 2017
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French discount store Tati to be bought by rival Gifi

By
Reuters
Published
Jun 26, 2017

 Tati, the iconic cut-price shop whose historic store stands near Paris's Sacre Coeur monument, is to be sold to domestic rival Gifi, said a lawyer involved in Tati's restructuring process.


Tati is the flagship brand of Agora DistributionFacebook Tati Lyon - Facebook Tati Lyon


Thomas Hollande, the son of former French President Francois Hollande who was acting as a lawyer for Tati's employees, said the deal would save the bulk of jobs at Tati and keep the brand alive.

"This offer will let around 85 percent of staff stay on, which is more than most could have hoped for," Hollande told reporters.

The full financial terms of the takeover were not disclosed.

Family-controlled retailer Eram had said earlier this year that it had decided to sell its loss-making Agora Distribution unit, which owns the Tati brand amongst others.

Tati, which is well-known in France for its bright pink logo, started in 1948 in Paris when Jules Ouaki, a Tunisian and a pioneer in the low-cost textile market, opened the first store on boulevard de Rochechouart in the Barbes immigrant district of northern Paris, just downhill from the Sacre Coeur.

However, it had been racking up losses amid increasing competition from low-cost fashion retail giants such as H&M, Zara and Primark. Eram had already tried to sell it in 2015.


 

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