The Mulliez family puts Pimkie up for sale


The sign has been in difficulty for ten years. Its current owner will pay the salaries at least until the end of 2022.

apparelPimkie employees have seen six general managers in ten years. This time, they are about to meet a new shareholder. Philippe Favre, the current boss of Pimkie, announced it last week to employees: the Mulliez family (also owner of Auchan, Leroy Merlin, Decathlon and Boulanger) has decided to separate from this ready-to-wear brand. Porter, struggling for a decade.

The Mulliez Family Association (AFM) considers that the external shareholder solution is the best for Pimkie, in particular because it brings in new blood, explains a Pimkie spokesperson. It is giving itself a few months to find a buyer and has mandated an investment bank. We are only at the beginning of the process. “The Mulliez family, which ensures that it does not want to sell urgently, will honor its financial commitments (salaries, rents, etc.) at least until December 31, 2022. It excludes, according to the unions, a sale to a fund…

This article is for subscribers only. You have 72% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

Already subscribed? Login



Source link -93