Turnover: 100 million EUR (2021)

Country: France

Fauchon is a global luxury gastronomy company whose main business segments are delicatessen, bakery, patisserie, confectionery, catering and reception.

Fauchon went through a difficult period in the late 2010s, and was forced into receivership in 2020. Four years later, the company was acquired by the Galapagos Group.

News

Fauchon announces acquisition by Breton Galapagos 29/05/2024

  • - Owner of Fauchon: the Ducros family since 2004.
  • - Acquisition by the Galapagos Group
  • - Number of countries where Fauchon is present: over 15.
  • - Number of Fauchon sales outlets: 85.
  • - Number of 5-star hotels managed by Fauchon: 2 (in Paris and Kyoto).
  • - Opening year of the Fauchon gastronomy school: 2022.
  • - Number of new hotels planned: Around ten by 2030. - Next hotel in Riyadh.

The Fauchon brand is back on the reception market. 05/07/2022

  • Fauchon resumes its catering business after a two-year hiatus
  • The gourmet house benefits from a partnership with Grand Chemin Traiteur
  • Fauchon's catering subsidiary, which employed around 60 people at the time, ceased operations in 2020
  • It expects sales of close to 20 million euros
  • Its positioning works in its favor, with a strong emphasis on local produce grown in the company's three hectares of kitchen gardens in the Vexin region of France
  • A dedicated kitchen, service and sales team will be dedicated to the task
  • He plans 7 to 10 openings by 2022, with Argentina and Qatar on the menu, as well as France

Caterer Fauchon applies for receivership. 23/06/2020

  • Fauchon is facing a number of difficulties, and has been hard hit by the health crisis and industrial action.
  • Its Paris boutiques employ up to 130 people.
  • The sales of the parent company, Groupe Fauchon SA, whose main shareholder is entrepreneur Michel Ducros, have been severely impacted by these events.
  • On Tuesday, the IMF informed employee representatives of its plan to open collective proceedings with the Commercial Court. The purpose of the procedure is to "restore the company's operating equilibrium, strengthen ties with its partners and secure its business over the long term, in order to reinforce the deployment of its brand"

june 23, 2020 - Change of course for the iconic Parisian fashion house - source(Capital)

  • Company placed in receivership
  • Impact of labor unrest and health crisis
  • Sales down for 4-5 years
  • Need to reinvent itself (particularly in luxury hotels in Asia)
  • Operating costs of Paris stores unsustainable

Studies mentioning this company

The ready meal market - France

Other companies mentioned:

  • Fauchon
  • Picard Surgelés
  • William Saurin (Cofigeo Groupe)
  • Marie (LDC Groupe)
  • Fleury Michon
  • Weight Watchers
  • Bjorg (Ecotone)
  • Auchan groupe
  • Marks & Spencer
  • Feed
  • Foodcheri
  • Nestor
  • Lesieur (Avril Groupe)
  • Rivière Maison
  • Guyader Gastronomie
  • Euralis
  • Le Graët Groupe
  • Raynal et Roquelaure (Cofigeo Groupe)
  • Cofigeo
  • Armor Cuisine (Dupont Restauration Groupe)
  • Dupont Restauration
  • Maître Coq (LDC Groupe)
  • Gendreau Groupe
  • Clarelia / Natâma
  • Espri Resrauration
The delicatessen market - France

Other companies mentioned:

  • Comtesse du Barry
  • Fauchon
  • Maison Brémond 1830
  • Petrossian
  • Valette
  • La Grande Épicerie de Paris
  • Galeries Lafayette Gourmet (groupe Galeries Lafayette)
  • Printemps du Goût
  • Pourdebon
  • Le Palais des Thés
  • Kusmi Tea
  • Le Comptoir de Mathilde
  • De Neuville
  • Yves Thuriès
  • Coffea
  • Betjeman & Barton
  • Eataly
  • Carrefour Groupe
  • Intermarché ITM Les Mousquetaires
  • E.Leclerc
  • Système U
  • Auchan groupe
  • Lidl France
  • Edélices
  • La Tour de Pise
  • Kaviari Delikatessen
  • L'Amour du Terroir
  • Maison Balme
  • Supermercato Giuseppe
  • BienManger.com
  • Mes Pep'eat
The cooking class market - France

Other companies mentioned:

  • Ritz Escoffier
  • Ecole de Cuisine Alain Ducasse
  • Chefsquare
  • Paul Bocuse Groupe - Institut Paul Bocuse
  • Du Bruit dans la Cuisine (MDF Kitchen)
  • La Cuisine de Paris
  • Ecole de cuisine Tsuji
  • Atelier Guy Martin
  • CFA Médéric
  • Chef en ligne
  • CMH
  • Ecole de Paris des métiers de la table
  • Ecole Ferrières
  • Ecole hôtelière de Lausanne
  • Ferrandi
  • La Source Foodschool
  • Chef Club
  • Atelier des chefs
  • SERVICE COMPRIS
  • Lenôtre (Sodexo Groupe)
  • Alain Ducasse Groupe -De Gustibus
  • Tunon Ecole (Eduservices)
  • Fauchon
  • Atelier Philippe Conticini
  • Les cours avec Nicolas Bernardé
  • La villa des Chefs
  • Alain Cirelli – Evenements culinaires
  • Cercle Culinaire
  • Gastronomicom