Thursday, April 25, 2019
Home Business Clothing: the end of a French giant

Clothing: the end of a French giant

Cutting continues at Vivarte. The French clothing group will separate from three new brands, specializing in footwear: Minelli, Cosmoparis or San Marina. 1,500 jobs and 340 stores are at stake. An announcement comes as the group has just sold several of its brands, such as Kookaï, André or Naf Naf. Vivarte had assured that it was the last sales within the group.

For the unions, the news goes bad. "It's a betrayal, the staff representatives and the employees are angry because of the lies of the company"explains Karim Cheboub, Vivarte coordinator of the CGT. The fear of employees: that future buyers decide on a social plan and destroy jobs. By selling its banners, not always profitable, Vivarte tries to get back on the water, because the group is in great difficulty for several years.

The JT

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