243
Fashion Jobs
L'OREAL GROUP
Head of Advocacy & Influence - l’Oréal Dermatological Beauty - Copenhagen
Permanent · COPENHAGEN
ESTÉE LAUDER COMPANIES
District Manager (Funen/Jutland)
Permanent · AARHUS
ESTÉE LAUDER COMPANIES
Handelselev Med Speciale i Digital Handel - E-Commerce
Permanent · COPENHAGEN
ZIZZI
Online Buyer Til Fashion
Permanent · BILLUND
SAMSOE
Logistik Koordinator
Permanent · GLOSTRUP
ONLY
Business Controller
Permanent · BRANDE
ONLY
International Sales Manager
Permanent · BRANDE
JACK & JONES
Konstruktører, Jack & Jones og Jjxx
Permanent · BRANDE
BEST SELLER
Environmental Programme Coordinator
Permanent · KØBENHAVN K
BEST SELLER
Product Owner - Data-Driven Solutions & ai
Permanent · AARHUS
SELECTED FEMME/HOMME
Sales Representative
Permanent · BRANDE
L'OREAL GROUP
Key Account Relationship Specialist
Permanent · COPENHAGEN
SAMSOE
Business Controller (Sql And Data Analytics Specialist)
Permanent · COPENHAGEN
ACE & TATE
Optometrist Copenhagen i NY Østergade
Permanent · COPENHAGEN
VERO MODA
Business Controller
Permanent · AARHUS
VERO MODA
Buyer | Curve
Permanent · AARHUS
ONLY
Demand Planner
Permanent · BRANDE
L'OREAL GROUP
Supply Chain Graduate - l’Oréal Luxe Product Division - Copenhagen
Permanent · COPENHAGEN
KERING EYEWEAR
Kering Eyewear - Lindberg Junior Trade Marketing Manager
Permanent · AARHUS
ESPRIT
Area Manager Multilabel Nordic Women
Permanent · COPENHAGEN
ZIZZI
IT Operations Manager
Permanent · BILLUND
TJX EUROPE
Buying Coordinator
Permanent · COPENHAGEN
Translated by
Benjamin Fitzgerald
Published
Aug 3, 2018
Download
Download the article
Print
Text size

Thomas Meyer acquires 10% Desigual stake from Eurazeo

Translated by
Benjamin Fitzgerald
Published
Aug 3, 2018

After posting a 14.5% drop in sales for the first half of 2018, compared to the same period last year, Desigual has announced that Thomas Meyer, the Spanish brand's founder and CEO, has acquired a minority stake in the label, the same stake owned by Eurazeo investment firm. The activity means Meyer is now the sole shareholder in the Barcelona-based label, a move justified by the current "market situation," according to a press release.

Thomas Meyer has bought a 10% stake in Desigual from Eurazeo - Instagram @desigual


Founded in 1984, the firm, which recorded 323 million euros in revenue for the first half of 2018, has been 10%-owned since 2014 by funds group Eurazeo. A partnership which has "allowed the brand to consolidate its international presence and develop a transformation plan." 

Such a plan was comprised of a creating new image, most notably seen in the naming of Jean-Paul Goude as its artistic director in 2017, as well as a focus on digital activities.

In 2017, the Spanish firm's revenues fell 11.5% compared to 2016, to 761 million euros. In 2014, when Desigual was acquired by Eurazeo, the fashion brand ended its financial year with sales reaching 963.5 million euros. The company has since tried to stem its revenue decline.

Today, Desigual is present in some 100 countries via more than 5,000 multibrand retailers and 500 namesake stores, employing close to 4,500 people.

Copyright © 2024 FashionNetwork.com All rights reserved.