The French department store group, owner also of La Redoute, Royal Quartz Paris, Louis Pion, Mauboussin and BazarChic, has hired Sandra Weber, a corporate finance expert formerly with Swiss retail group Rallye.
After handing over the running of 22 regional stores to real estate company FIB in 2018, the French department store group has announced a new franchising project for another 11 branches, to be finalised in early 2022.
The French sneaker and sportswear chain has opened its first store in Belgium, within the City2 shopping mall in the country’s capital, Brussels. Two further openings are already on the cards on the city's outskirts.
Having sold the Courir chain in early 2019, the French sport retailer is looking to sell its 33-store business in Poland, to generate fresh cash and enable the group to bounce back, especially in France.
The Textiss-owned underwear brand Freegun has not only expanded its range to include apparel and accessories, it now also intends to expand its territory through the development of its export business.