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Fashion Network
12 hours ago
- Business
- Fashion Network
Beaumanoir: How the group broadened its scope through acquisitions
The Beaumanoir group has pulled off another coup in the market for struggling retailers. The French company, owner of the Cache Cache, Bonobo, and Morgan fashion brands, has just acquired 26 stores from the Jennyfer chain in liquidation, as well as its brand name. The strategy of this retail giant, founded in 1981 and now employing over 15,000 people, is to diversify across different product ranges, sales channels, and customer targets within the clothing sector, to be present in fashionable markets and also limit risks. Focus on the successive acquisitions that have enabled the company to build this sprawling group. The group founded by Roland and Jocelyne Beaumanoir, whose son Thomas is gradually taking over the reins, now owns nearly twenty brands. The addition of Jennyfer to its portfolio enables it to "position itself in a new segment with a younger clientele," said Jérôme Drianno, the group's managing director. This means targeting teenage girls, whom the group had previously only marginally reached. "One of the pillars of the Beaumanoir group's success is its ability to finely segment the market and target a broad clientele through an adapted offer and brands," he added. However, this is not a global takeover, but a partial acquisition of a quarter of Jennyfer's branches and 350 of its nearly 1,000 jobs. Consequently, 600 employees have been made redundant, and the brand has posted a moving video on social networks to retrace 40 years of existence, and thank its customers and staff. To relaunch the Jennyfer asset—since the name has been retained by the group—it will first focus on the digital channel, favored by young girls, via the Sarenza platform. This multi-brand website was acquired from Monoprix by Beaumanoir in 2022 to develop its e-commerce component. Prior to this, the family-owned La Halle chain, which was losing ground within Vivarte, was acquired by the Beaumanoir family's holding company in 2020, following a receivership. These were a total of 366 stores to revive. A revival that was not a foregone conclusion, but which has begun to take shape, with a return to profit in 2023. In fact, this out-of-town chain, which is beginning to reopen stores, officially entered the Group's legal fold only at the beginning of 2024. Then, in 2021, the year in which the group decided to sell its operations in China (550 stores) to refocus on Europe, it acquired another Vivarte Group asset, the women's chain Caroll, which strengthened its slightly more premium fashion division. In recent years, Beaumanoir has not always won court cases. In 2023, it bid for Kookaï, but was not chosen, and in 2024, it focused on the takeover of eleven outlets of the Des Marques et Vous chain in liquidation, and suffered the same fate. Last year, however, the group signed a major contract in the thriving sports/lifestyle sector, namely the operation of all Boardriders brands in Western Europe (Quiksilver, Roxy, Billabong, DC Shoes, Element, and RVCA). This will appeal to young, active, and more international consumers. In its brand portfolio, the historic Cache Cache (mid-range women's ready-to-wear launched in 1985) and Bonobo (mixed fashion and denim established in 2006) are the only brands developed in-house. Bréal was acquired in 2003, followed by Morgan in 2009. Two other brands that have since been discontinued, Scottage and La City, were also acquired, in 2005 and 2011, respectively. In total, 5,000 jobs are said to have been saved by the Saint Malo -based group over the years. These multiple takeovers have also enabled it to post revenues of 3 billion euros by 2024, almost double the figure from four years ago. Since 2002, the company has also had a powerful integrated logistics subsidiary, C-Log, which manages warehousing and merchandise delivery. It now has a total of 2,700 points of sale and continues to open new units. In particular, through its multi-brand Vib's format, launched in 2016 and active on the outskirts (with Cache Cache, Bonobo, and Bréal), which is planning around 15 openings this year, or the Boardriders concept, which is already expanding in the regions, mainly through affiliation. At a time when other fashion players are struggling in France, such as Naf Naf and André, does the group still have any plans for external growth? There are still sectors, such as footwear and children's products, where it has little presence.
Fashion Network
13 hours ago
- Business
- Fashion Network
Beaumanoir: How the group broadened its scope through acquisitions
The Beaumanoir group has pulled off another coup in the market for struggling retailers. The French company, owner of the Cache Cache, Bonobo, and Morgan fashion brands, has just acquired 26 stores from the Jennyfer chain in liquidation, as well as its brand name. The strategy of this retail giant, founded in 1981 and now employing over 15,000 people, is to diversify across different product ranges, sales channels, and customer targets within the clothing sector, to be present in fashionable markets and also limit risks. Focus on the successive acquisitions that have enabled the company to build this sprawling group. The group founded by Roland and Jocelyne Beaumanoir, whose son Thomas is gradually taking over the reins, now owns nearly twenty brands. The addition of Jennyfer to its portfolio enables it to "position itself in a new segment with a younger clientele," said Jérôme Drianno, the group's managing director. This means targeting teenage girls, whom the group had previously only marginally reached. "One of the pillars of the Beaumanoir group's success is its ability to finely segment the market and target a broad clientele through an adapted offer and brands," he added. However, this is not a global takeover, but a partial acquisition of a quarter of Jennyfer's branches and 350 of its nearly 1,000 jobs. Consequently, 600 employees have been made redundant, and the brand has posted a moving video on social networks to retrace 40 years of existence, and thank its customers and staff. To relaunch the Jennyfer asset—since the name has been retained by the group—it will first focus on the digital channel, favored by young girls, via the Sarenza platform. This multi-brand website was acquired from Monoprix by Beaumanoir in 2022 to develop its e-commerce component. Prior to this, the family-owned La Halle chain, which was losing ground within Vivarte, was acquired by the Beaumanoir family's holding company in 2020, following a receivership. These were a total of 366 stores to revive. A revival that was not a foregone conclusion, but which has begun to take shape, with a return to profit in 2023. In fact, this out-of-town chain, which is beginning to reopen stores, officially entered the Group's legal fold only at the beginning of 2024. Then, in 2021, the year in which the group decided to sell its operations in China (550 stores) to refocus on Europe, it acquired another Vivarte Group asset, the women's chain Caroll, which strengthened its slightly more premium fashion division. In recent years, Beaumanoir has not always won court cases. In 2023, it bid for Kookaï, but was not chosen, and in 2024, it focused on the takeover of eleven outlets of the Des Marques et Vous chain in liquidation, and suffered the same fate. Last year, however, the group signed a major contract in the thriving sports/lifestyle sector, namely the operation of all Boardriders brands in Western Europe (Quiksilver, Roxy, Billabong, DC Shoes, Element, and RVCA). This will appeal to young, active, and more international consumers. In its brand portfolio, the historic Cache Cache (mid-range women's ready-to-wear launched in 1985) and Bonobo (mixed fashion and denim established in 2006) are the only brands developed in-house. Bréal was acquired in 2003, followed by Morgan in 2009. Two other brands that have since been discontinued, Scottage and La City, were also acquired, in 2005 and 2011, respectively. In total, 5,000 jobs are said to have been saved by the Saint Malo -based group over the years. These multiple takeovers have also enabled it to post revenues of 3 billion euros by 2024, almost double the figure from four years ago. Since 2002, the company has also had a powerful integrated logistics subsidiary, C-Log, which manages warehousing and merchandise delivery. It now has a total of 2,700 points of sale and continues to open new units. In particular, through its multi-brand Vib's format, launched in 2016 and active on the outskirts (with Cache Cache, Bonobo, and Bréal), which is planning around 15 openings this year, or the Boardriders concept, which is already expanding in the regions, mainly through affiliation. At a time when other fashion players are struggling in France, such as Naf Naf and André, does the group still have any plans for external growth? There are still sectors, such as footwear and children's products, where it has little presence.
Fashion Network
13 hours ago
- Business
- Fashion Network
Beaumanoir: How the group broadened its scope through acquisitions
The Beaumanoir group has pulled off another coup in the market for struggling retailers. The French company, owner of the Cache Cache, Bonobo, and Morgan fashion brands, has just acquired 26 stores from the Jennyfer chain in liquidation, as well as its brand name. The strategy of this retail giant, founded in 1981 and now employing over 15,000 people, is to diversify across different product ranges, sales channels, and customer targets within the clothing sector, to be present in fashionable markets and also limit risks. Focus on the successive acquisitions that have enabled the company to build this sprawling group. The group founded by Roland and Jocelyne Beaumanoir, whose son Thomas is gradually taking over the reins, now owns nearly twenty brands. The addition of Jennyfer to its portfolio enables it to "position itself in a new segment with a younger clientele," said Jérôme Drianno, the group's managing director. This means targeting teenage girls, whom the group had previously only marginally reached. "One of the pillars of the Beaumanoir group's success is its ability to finely segment the market and target a broad clientele through an adapted offer and brands," he added. However, this is not a global takeover, but a partial acquisition of a quarter of Jennyfer's branches and 350 of its nearly 1,000 jobs. Consequently, 600 employees have been made redundant, and the brand has posted a moving video on social networks to retrace 40 years of existence, and thank its customers and staff. To relaunch the Jennyfer asset—since the name has been retained by the group—it will first focus on the digital channel, favored by young girls, via the Sarenza platform. This multi-brand website was acquired from Monoprix by Beaumanoir in 2022 to develop its e-commerce component. Prior to this, the family-owned La Halle chain, which was losing ground within Vivarte, was acquired by the Beaumanoir family's holding company in 2020, following a receivership. These were a total of 366 stores to revive. A revival that was not a foregone conclusion, but which has begun to take shape, with a return to profit in 2023. In fact, this out-of-town chain, which is beginning to reopen stores, officially entered the Group's legal fold only at the beginning of 2024. Then, in 2021, the year in which the group decided to sell its operations in China (550 stores) to refocus on Europe, it acquired another Vivarte Group asset, the women's chain Caroll, which strengthened its slightly more premium fashion division. In recent years, Beaumanoir has not always won court cases. In 2023, it bid for Kookaï, but was not chosen, and in 2024, it focused on the takeover of eleven outlets of the Des Marques et Vous chain in liquidation, and suffered the same fate. Last year, however, the group signed a major contract in the thriving sports/lifestyle sector, namely the operation of all Boardriders brands in Western Europe (Quiksilver, Roxy, Billabong, DC Shoes, Element, and RVCA). This will appeal to young, active, and more international consumers. In its brand portfolio, the historic Cache Cache (mid-range women's ready-to-wear launched in 1985) and Bonobo (mixed fashion and denim established in 2006) are the only brands developed in-house. Bréal was acquired in 2003, followed by Morgan in 2009. Two other brands that have since been discontinued, Scottage and La City, were also acquired, in 2005 and 2011, respectively. In total, 5,000 jobs are said to have been saved by the Saint Malo -based group over the years. These multiple takeovers have also enabled it to post revenues of 3 billion euros by 2024, almost double the figure from four years ago. Since 2002, the company has also had a powerful integrated logistics subsidiary, C-Log, which manages warehousing and merchandise delivery. It now has a total of 2,700 points of sale and continues to open new units. In particular, through its multi-brand Vib's format, launched in 2016 and active on the outskirts (with Cache Cache, Bonobo, and Bréal), which is planning around 15 openings this year, or the Boardriders concept, which is already expanding in the regions, mainly through affiliation. At a time when other fashion players are struggling in France, such as Naf Naf and André, does the group still have any plans for external growth? There are still sectors, such as footwear and children's products, where it has little presence.
Fox News
11-02-2025
- Entertainment
- Fox News
Robert Wagner celebrates 95th birthday by pumping iron at the gym
Robert Wagner is making sure he's in top shape for his 95th birthday. The "Hart to Hart" actor's daughter, Natasha Gregson Wagner, shared a video of her father doing a vigorous workout on his big day, Feb. 10. Wagner's representative told Fox News Digital the legendary actor "works out regularly" and shared that he celebrated his milestone birthday "with a nice dinner at French-American bistro Cache Cache restaurant in Aspen." "Still doing things his way at 95 or Happy Birthday to my old man who turns 95 today!" Natasha posted on Instagram, as the Frank Sinatra song, "My Way," played in the background. Wagner was all smiles as he exercised on several workout machines and stretched his muscles. As her father did leg lifts, Natasha asked, "How's it going?" "The Pink Panther" actor replied, "It's going pretty good." On Wagner's official Instagram account, a video was shared with photos of him growing up and highlighting his illustrious Hollywood career. "Happy 95th Birthday to the legendary Robert Wagner!" the social media post began. "For over seven decades, he has graced our screens with unforgettable performances, timeless charm, and an enduring legacy in Hollywood. From It Takes a Thief to Hart to Hart, from The Pink Panther, The Towering Inferno to Austin Powers, he has captivated audiences with his talent and charisma." The caption continued, "Today, we celebrate not just an incredible career but an incredible man." Wagner married Natalie Wood in 1957, but the couple called it quits in 1962. They would go on to remarry in 1972 and were together until Wood's passing. The couple raised Natasha and shared a daughter named Courtney Wagner. On Nov. 29, 1981, when Natasha was just 11 years old, her father, Wagner, came home with devastating news – her mother Natalie had died in a drowning accident while the couple was on their boat in the waters of Catalina Island with actor Christopher Walken. In 2020, Natalie opened up for the first time since her mother's death and shared what it was like growing up with the Hollywood star. She additionally shared how the family coped with the grief for decades. "It was really cathartic for me," Natasha told Fox News at the time about creating the special. "It was really healing for me. It was such an incredibly positive experience, just seeing the home movies, getting into her journals, and listening to people talk about her. It was a collaboration of everything that I remember my childhood to be. So more than challenging to revisit, it was truly healing."
Yahoo
10-02-2025
- Entertainment
- Yahoo
Robert Wagner, 95, Greets Fans from an Exercise Bike as He Celebrates His Milestone Birthday (Exclusive)
Robert Wagner isn't slowing down at 95! The star of Hart to Hart, The Pink Panther and the Austin Powers movies — among dozens of other film and TV credits — got his Feb. 10 birthday off to a strong start with a vigorous workout, as seen in a video shared exclusively with PEOPLE. Wagner's daughter Natasha Gregson Wagner also posted a similar clip to her Natalie Fragrance Instagram account, with Frank Sinatra's 'My Way' playing in the background. 'Still doing things his way at 95,' she wrote. 'Happy Birthday to my old man who turns 95 today!' Related: Robert Wagner's Life in Photos In the clip, Natasha can be heard asking her dad how it's going as he pumps iron. 'It's going pretty good,' he responds. But it won't be all workout and no play for Wagner today. The Prince Valiant star is spending his birthday with family and friends in Aspen, with a celebratory dinner planned at French-American bistro Cache Cache. Wagner's own official Instagram account shared a post celebrating his 95th, featuring photos spanning from his childhood through the present day. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. 'For over seven decades, he has graced our screens with unforgettable performances, timeless charm, and an enduring legacy in Hollywood. From It Takes a Thief to Hart to Hart, from The Pink Panther, The Towering Inferno to Austin Powers, he has captivated audiences with his talent and charisma,' the post's caption reads. 'Today, we celebrate not just an incredible career but an incredible man. Wishing you a day filled with love, joy, and the admiration of all who appreciate your work. Happy Birthday, RJ!' Read the original article on People
