Maisons du Monde
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Company type | Public |
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Euronext: MDM CAC Mid 60 Component |
Maisons du Monde (French pronunciation:
History
In 2006, Maisons du Monde launched its online shop[1] and offered the whole of its catalogue of furniture and a large part of its objects of decoration. Maisons du Monde published a catalogue presenting its new collection at the beginning of the year.
The American business Bain Capital purchased the Maisons du Monde group in 2013 for €680 million (80%).[2]
In 2015, it achieved a turnover of 699 million euros, of which 460 million were in France.[3]
In February 2016, two US banks—Goldman Sachs and Citigroup—were mandated to prepare for an IPO.[4]
In 2018, Maisons du Monde opened its first store in the United States, located in Wynwood, Florida. In 2019, Maisons du Monde opened a new store located in Aventura Mall, the third largest shopping mall in the United States.[5]
In 2020, Maisons du Monde was hit by the Covid-19 crisis, but managed to hold its own above expectations.[6] From January to June, sales fell by 13.3% to 489 million euros.[7] Nevertheless, a second warehouse will open in early 2021 near the port of Le Havre to receive goods from Asia.[8]
Number of stores
265 stores in Europe:
- France: 193 stores
- Italy: 30 stores
- Luxembourg and Belgium: 16 stores
- Spain: 12 stores
- Germany: 8 stores
- United Kingdom: 4 stores (in Birmingham, London, Manchester and Leicester ) (until May 25, 2023, Maisons du Monde has ceased its activities in the UK.)
- Switzerland: 3 stores
- United States: 2 Stores
The brand sells online in United States, Germany, the United Kingdom, Portugal, the Netherlands and Austria.[9]
References
- ^ "L'enseigne Maisons du Monde ouvre ses portes sur le Web". www.journaldunet.com (in French). 2006-05-31. Retrieved 23 April 2023.
- ^ Le Figaro (in French) [permanent dead link]
- ^ https://investors.maisonsdumonde.com/wp-content/uploads/2016/03/MDM-Press-release-March-3rd-French-Version6332992_4_LO.pdf [permanent dead link] (in French)
- ^ Berry, Freya (2016-02-05). "Goldman Sachs, Citi mandatés pour l'IPO de Maisons du Monde-sces". www.zonebourse.com (in French). Retrieved 2016-02-21.
- ^ Arrojas, Matthew (2019-11-14). "French furniture brand to open second US location at Aventura Mall". South Florida Business Journal. Retrieved 2023-09-30.
- ^ "Maisons du monde : Maisons du Monde surprend agréablement le marché et bondit en Bourse". BFM Bourse (in French). 2020-07-29. Retrieved 2020-07-29.
- ^ "MAISONS DU MONDE : deuxième trimestre meilleur qu'attendu". Capital.fr (in French). 2020-07-29. Retrieved 2020-07-29.
- ^ "Maisons du Monde a vu ses ventes chuter au premier semestre". Le Figaro (in French). AFP. 2020-07-28. Retrieved 2020-07-29.
- ^ "Magasins meuble et décoration". Maisons du Monde. Retrieved 23 April 2023.
External links
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)