×
3 822
Fashion Jobs
ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · London
ABERCROMBIE AND FITCH CO.
Asset Protection Agent
Permanent · London
NGG
Revenue Operations Manager
Permanent · LONDON
DEBENHAMS
Key Account Manager
Permanent · LONDON
BOOHOO
SEO Assistant & Copywriter
Permanent · MANCHESTER
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · INVERNESS
FRASERS GROUP
General Kitchen Manager
Permanent · SHIREBROOK
URBN
Free People Keyholder - Duke of York, London (16hrs)
Permanent · LONDON
URBN
Free People Keyholder - Duke of York, London (32hrs)
Permanent · LONDON
HARVEY NICHOLS KNIGHTSBRIDGE
Security Officer
Permanent · LONDON
AESOP
Retail Consultant | Aesop Harrods Counter London | Full Time
Permanent · London
VF INTERNATIONAL
Credit Controller - German Speaking
Permanent · CALVERTON
NEW BALANCE
Associate Trade Marketing Manager, Lifestyle
Permanent · Warrington
MATCHES FASHION
Accounts Payable Assistant
Permanent · LONDON
I SAW IT FIRST
Head of Creative - i Saw IT First & Missguided
Permanent · STRETFORD
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · DARTFORD
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · SELBY
MULBERRY
Customs Entry Coordinator
Permanent · SHEPTON MALLET
SELFRIDGES
Finance Manager - Stock
Permanent · LONDON
NEXT
Sales Manager - Stockton Teesside Retail Park
Permanent · THORNABY
NEXT
Sales Coordinator - Blackburn The Mall
Permanent · BLACKBURN
NEXT
Stock Coordinator - Merthyr Tydfil
Permanent · MERTHYR TYDFIL
Ads
Translated by
Nicola Mira
Published
Jan 13, 2023
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Go Sport confirms acquisition of Gap France franchise

Translated by
Nicola Mira
Published
Jan 13, 2023

On January 12, French retail group Hermione People & Brands issued a brief press release announcing the acquisition of the master franchise for Gap in France by HPB-owned Go Sport, confirming a report by online news agency Mediapart. The acquisition has taken place as Go Sport is about to learn, on Monday January 16, the decision by the trade court in Grenoble, France, with regards to the sport retailer’s financial situation. Receivership is among the options considered.


The Go Sport store at the Westfield Parly2 shopping mall - DR


The Go Sport group also owns the Endurance Shop and Bike + retail chains. The announcement of Go Sport’s acquisition of the Gap franchise for the French market was discussed in a consultation between representatives of the two companies, held on Tuesday January 10.

HPB, also the owner of 25 Galeries Lafayette franchised stores outside Paris, as well as La Grande Récré toy store chain and coffee producer Legal, said the operation “aims to strengthen the lifestyle and sportswear business of [Go Sport and Gap France], each with their own independent strategy.”

Nothing was said at this stage about a possible joint sale of these two entities, a project that had once been considered by Go Sport. According to Challenges magazine, Patrick Puywho took charge of Go Sport in early January, is responsible for presenting the sport retailer in the best possible light, with a view to selling it.

In just three years, HPB has established itself as a major player in French fashion retail, having bought, in addition to the 25 Galeries Lafayette branches, also Camaïeu in 2020, and Go Sport (which operates 223 stores) and Gap France (with 22 stores) in 2021. Following the headline-grabbing liquidation of Camaïeu in 2022, the question is whether HPB is planning to exit the personal goods sector.

Copyright © 2023 FashionNetwork.com All rights reserved.