Turnover: 1.3 billion EUR (2023)
Country: France
- Gifi is a retailer of low-priced products for the home and family.
- With around 600 stores worldwide, mainly franchises, the brand is present in France with almost 500 stores.
- Gifi also has stores in Belgium, Spain and Côte d'Ivoire
- Philippe Ginestet is the company's Founder, Chairman and CEO.
- 10.000 employees
News
Candy, costumes... Halloween, a lucrative business 14/11/2023
- A festival of Irish origin - not American
- GiFi has become one of the leading retailers for Halloween products
- The French are increasingly invested in Halloween decorations
- GiFi claims to have doubled its sales of Halloween-themed products in the space of four years.
- Imported into France in the late 1990s, the holiday now accounts for 30% of its October sales.
- At La Foir'Fouille, Halloween demand is stable
GiFi opens its 600th store 13/04/2023
- Year GiFi founded: 1981 by Philippe Ginestet
- Number of GiFi stores: 600
- Total retail space in France and Europe: 1 million m².
- Sales in 2022: €1.5 billion incl. VAT
- Sales growth in 2022: 2%
- Number of stores in distribution network (subsidiaries and affiliates): 800
- Total number of employees: 10,000
- Target number of stores by 2027: 1,000
GiFi acquires the network of 21 Bricolex stores 04/04/2023
- Bricolex has 21 stores, including 8 in Paris.
- GiFi takes over Bricolex and plans to transform the Bricolex outlets into GiFi-branded outlets.
- GiFi undertakes to sell these 5 Bricolex stores
february 8, 2021 - Gifi in figures - Source(LSA)
- number of stores in France: 500
- number of stores worldwide: 550
- number of store openings planned in France: 250
- sales down 7% in 2019-2020
- 50%: the proportion of GiFi purchases originating in Europe (50% via Asia)
Financial Data
DUNS: 347410011
Legal Name: GIFI
Address: ZI DE LA BOULBENE , 47300 VILLENEUVE-SUR-LOT
Number of employees: Entre 250 et 499 salariés (2021)
Capital: 32 332 470 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 130 934 306 | 161 938 265 | 144 290 262 | 165 564 798 | 168 528 522 | 157 108 918 | 149 569 597 | 150 760 000 |
| Gross margin (€) | 153 555 152 | 175 592 099 | 161 828 346 | - | 178 763 652 | 172 846 537 | 170 759 377 | - |
| EBITDA (€) | 36 342 010 | 56 315 226 | 54 592 260 | - | 62 195 757 | 62 031 315 | 65 426 764 | - |
| Operating profit (€) | 31 937 081 | 57 703 893 | 44 553 561 | - | 58 903 459 | 64 556 903 | 74 761 664 | - |
| Net profit (€) | 18 064 017 | 54 559 596 | 28 622 236 | 21 222 461 | 73 013 296 | 50 279 436 | 73 466 460 | 46 682 000 |
| Turnover growth rate (%) | -19,1 | 12,2 | -12,8 | -1,8 | 7,3 | 5 | -0,8 | - |
| Ebitda margin rate (%) | 27,8 | 34,8 | 37,8 | - | 36,9 | 39,5 | 43,7 | - |
| Operating margin rate (%) | 24,4 | 35,6 | 30,9 | - | 35 | 41,1 | 50 | - |
| Working Capital (turnover days) | 1 390,5 | 988 | 998,1 | - | 556,4 | 500,6 | 606,1 | - |
| Working Capital requirements (turnover days) | 16,3 | 135,8 | 141,9 | - | 121,5 | 56,5 | 52,9 | - |
| Net margin (%) | 13,8 | 33,7 | 19,8 | - | 43,3 | 32 | 49,1 | - |
| Added value / Turnover (%) | 28,2 | 33,9 | 36,4 | - | 36,8 | 39,8 | 42,9 | - |
| Wages and social charges (€) | 22 615 367 | 20 331 753 | 19 353 966 | - | 19 491 047 | 18 945 487 | 16 712 312 | - |
| Salaries / Turnover (%) | 17,3 | 12,6 | 13,4 | - | 11,6 | 12,1 | 11,2 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil de surveillance | Philippe | Ginestet | 70 | |
| Directeur général | Alexandre | Ginestet | 47 | |
| Membre du conseil de surveillance | Thierry | Boukhari | 51 | |
| Membre du conseil de surveillance | Isabelle | Carrie | 57 | |
| Membre du conseil de surveillance | Brigitte | Savaresi | 63 |
Studies mentioning this company
The interior design market - France
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- Petite Friture
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- Knoll
- JJA Groupe
- EK France
- Silvera Design
- Pinton Ateliers
- Tissus des Ursules
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- Normal
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- Vente-unique.com
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- Silvera Design
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- Adoptunbureau
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- Maisons du Monde
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The hard discount market - France
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