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The slow agony of the France Loisirs book club

2021-12-14T18:22:05.775Z


With the takeover by Financière Trésor Patrimoine, 90% of the stores will be closed. This is a sad epilogue for France Loisirs. The Paris Commercial Court decided, Monday, December 13, to accept the offer to take over the book club which was presented by Financière Trésor Patrimoine, a group specializing in mail order sales. A painful recovery for France Loisirs, which involves a major social break. Of the 800 positions within the France Loisirs group, 600 will be eliminated. And


This is a sad epilogue for France Loisirs.

The Paris Commercial Court decided, Monday, December 13, to accept the offer to take over the book club which was presented by Financière Trésor Patrimoine, a group specializing in mail order sales.

A painful recovery for France Loisirs, which involves a major social break.

Of the 800 positions within the France Loisirs group, 600 will be eliminated.

And of the 122 stores spread over French territory, only 14 will be maintained.

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The Financière Trésor Patrimoine group, headed by Derek Rémy Smith, and posting a turnover of 200 million euros, has put 2 million euros on the table for the acquisition of this former flagship.

Its offer was preferred to that presented by the press publishing group Reworld Media.

France Loisirs, which includes shops, a logistics center, a call center, printing on demand and IT activities, had been placed in compulsory liquidation ...

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Source: lefigaro

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