Turnover: 3.6 billion EUR (2023)
Country: France
- Chain of ready-to-wear stores
- The company has 3,500 partner brands, in addition to offering its own ready-to-wear products under the Galeries Lafayette brand.
- In 2019, Galeries Lafayette announces the opening of a brand new store on the Champs Elysées
- The health group's sales plummeted during the health crisis
- Galeries Lafayette sells BHV and completes a downsizing that saw the sale of Monoprix to Casino), consumer credit company Cofinoga (sold to BNP Paribas) and 29 provincial stores,
News
Galeries Lafayette aims to attract new customers with its wellness area. 07/07/2022
- Galeries Lafayette has set up 3,000 square meters dedicated to body and facial treatments and sports, with a host of practitioners and services ranging from saunas to nail bars
- The project is said to have required an investment of nearly 10 million euros.
- The "Wellness Galerie" is a 200-square-meter gym equipped with state-of-the-art equipment, and 800 square meters dedicated to beauty and skincare products
- The beauty area is located in the basement of the department store's beauty department, where the classic luxury brand corners reign supreme
Financial Data
DUNS: 957503931
Legal Name: MAGASINS GALERIES LAFAYETTE
Address: 27 RUE DE LA CHAUSSEE D'ANTIN , 75009 PARIS
Number of employees: Entre 2 000 et 4 999 salariés (2021)
Capital: 670 400 EUR
Financial Data:
Year | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|
Turnover | 1 165 188 000 | 1 316 109 000 | 1 392 725 000 | 1 384 872 000 |
Gross margin (€) | 1 983 677 000 | 451 809 000 | 500 343 000 | 1 408 605 000 |
EBITDA (€) | 809 634 000 | 12 279 000 | 20 764 000 | 1 293 000 |
Operating profit (€) | 16 393 000 | -18 124 000 | -11 669 000 | -24 416 000 |
Net profit (€) | -15 624 000 | -17 600 000 | -19 956 000 | -27 605 000 |
Turnover growth rate (%) | -11,5 | -5,5 | 0,6 | -5 |
Ebitda margin rate (%) | 69,5 | 0,9 | 1,5 | 0,1 |
Operating margin rate (%) | 1,4 | -1,4 | -0,8 | -1,8 |
Working Capital (turnover days) | -24,4 | -17,4 | -18,4 | -52 |
Working Capital requirements (turnover days) | -2,3 | 5,5 | -4,5 | -48 |
Net margin (%) | -0,1 | 1,3 | -1,4 | -2 |
Added value / Turnover (%) | 100 | 33,1 | 35 | 100 |
Wages and social charges (€) | 114 135 000 | 150 729 000 | 165 608 000 | - |
Salaries / Turnover (%) | 9,8 | 11,5 | 11,9 | - |
Company Managers:
Position | First Name | Last Name | Age | |
---|---|---|---|---|
Président | Nicolas | Houzé | 49 | |
Directeur général | Alexandre | Liot | 44 |
Studies mentioning this company
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