The Competition Pattern Of European Department Stores Is Extremely Fierce.

Europe

The competition is extremely fierce. Recently, LVMH group's French high-end department store Francket Fils announced that it will close. The industry believes that under the high competition, the reputation of Franck et Fils is far inferior to that of the Department of Galeries, Lafayette and Paris Spring Department Store Le Printemps, so closing the shop is reasonable.

It is reported that 8 of the 10 department stores are located in France, including La Vache Noire of French department store and Marques Avenue department store of Troyes grove, while Belgium's 2 are Wijnegem and Waasland.

Franck et Fils high-end department store, founded in 1897, mainly sells high-end clothing brand and designer brand.

In 1994, LVMH took over the Franck et Fils store, but with the overall downturn in the luxury goods industry, it is expected to formally cease operation in July 2016.

In addition, LVMH is planning to rebuild Sa Mary Dan's department store Samaritaine in downtown Paris, which will be the department store brand that LVMH will focus on in the future, including T Galleria by DFS of the group.

(Galeries Lafayette), which was born in 1893, occupies 40 of Osman Avenue, next to the The Paris Opera House.

It used to be a sensation of luxury, such as palace decoration.

Under the Byzantine giant carved gold carving dome, the shadow of the people coming and going is like a medieval party. Shopping has become a real enjoyment.

Today, Paris's old Buddha's department store is already a department store with 64 stores, 60 of them in France, and 4 in Berlin, Casablanca, Jakarta and Dubai.

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Located only a few minutes away from the Le Louvre Museum Museum, the Garnier opera house and Champs Elysees street, it is the famous "Paris Spring Department Store". It was founded in 1865 and is a department store specializing in luxury brand products.

In 2014, China Nanjing new hundred retail group parent company and integrated enterprise three group group acquired over 450 million pounds of equity in House of Fraser Limited89%, an old chain store retailer in the UK, which also became the first Chinese retail acquisition case in 2014.

At the end of April, the company announced that it would set foot on the Chinese market in 2016, and began flagship department stores in Nanjing, Chongqing and Xuzhou, and will launch online sales in China, Australia and other international markets.

Canadian retailer Hudson Bay Group bought Galeria Kaufhof, a German chain store group, stepped out of Europe's expansion and finally became the first step to become a "global top retailer", with a price of up to 2 billion 825 million euros.

The largest retail group in Thailand, the central Central group, has acquired KaDeWe50.1% equity in German luxury department stores. The remaining 49.9% stake in KaDeWe continues to be held by Signa Holding GmbH, a real estate tycoon belonging to Austria property tycoon Ren Benko bank.

In July 2013, Qatar will invest in El Corte Ingl e s glenlies department store in Spain.

In July 2013, Qatar investors paid 1 billion 750 million euros to acquire Printemps spring department store in Paris.

In September 2013, Austria real estate tycoon Ren e Benko's property developer Signa acquired the Karstadt department store project again.

In April 2014, Sanqi group finalized 450 million pounds to acquire House of Fraser, an old British department store.

In August 2014, Austria real estate tycoon Ren e Benko symbolized 1 euros to acquire all the Karstadt assets of Germany's old department store.

In March 2015, Topshop boss Philip Green sold the chain store BHS for a token 1.

June 2015: Thailand central group holds German KaDeWe department store.

June 2015: Hudson 's Bay Hudson Bay Group bought Galeria Kaufhof department store in Germany for 2 billion 825 million euros.