Galeries Lafayette Group · Paris France
Company Description
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Fashion is not the only art on display at Galeries Lafayette. Established in 1895, Galeries Lafayette's 60-plus stores offer private-label and designer apparel under such names as Christian LaCroix, Jean-Paul Gaultier, Valentino, and Yves Saint Laurent, while many stores feature restaurants. The group's retail network includes about a dozen home furnishing stores (under the BHV banner) and some 365 Monoprix hypermarkets, which sell groceries, apparel, furniture, and cosmetics in urban areas throughout France. Monoprix is jointly-owned with France's Casino Guichard-Perrachon . The Moulin family, which helped found Galeries Lafayette, owns 100% of the company. To read the full description, subscribe now.
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Key Galeries Lafayette Group Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $889.1 |
| 2008 Employees | 45,168 |
Galeries Lafayette Group Executives
21 executives listed for Galeries Lafayette Group's Paris, location.
| Title | Name & Bio | Contact |
| Chairman, Executive Board | Philippe Houzé | Network |
| Chairwoman, Supervisory Board | Ginette Moulin | Network |
| Vice Chairman, Supervisory Board | Jacques Calvet | Network |
Competition
Competitive Landscape for Galeries Lafayette Group
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Galeries Lafayette Group Competitors
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