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Maisons du Monde

Maisons du Monde is a French furniture and home decor company founded in Brest in 1996 by Xavier Marie. At the end of 2015 it had nearly 250 stores across France, Italy, Spain, Luxembourg, Belgium, Germany and in Switzerland, of which more than 180 are in France. In 2010, it generated nearly €323 million in sales. In 2015 it employed over 5,500 people.

Maisons du Monde
Company typePublic
Euronext: MDM
CAC Mid 60 Component

History edit

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 Maisons du Monde group was bought in 2013 (80%) by the American company Bain Capital for €680 million.[2]

In 2015, it achieved a turnover of 699 million euros, of which 460 million in France.[3]

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 edit

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 to United States, Germany, the United Kingdom, Portugal, the Netherlands and Austria.[9]

References edit

  1. ^ "L'enseigne Maisons du Monde ouvre ses portes sur le Web". www.journaldunet.com (in French). 2006-05-31. Retrieved 23 April 2023.
  2. ^ Le Figaro (in French) [permanent dead link]
  3. ^ https://investors.maisonsdumonde.com/wp-content/uploads/2016/03/MDM-Press-release-March-3rd-French-Version6332992_4_LO.pdf [permanent dead link] (in French)
  4. ^ 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.
  5. ^ Arrojas, Matthew (2019-11-14). "French furniture brand to open second US location at Aventura Mall". South Florida Business Journal. Retrieved 2023-09-30.
  6. ^ "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.
  7. ^ "MAISONS DU MONDE : deuxième trimestre meilleur qu'attendu". Capital.fr (in French). 2020-07-29. Retrieved 2020-07-29.
  8. ^ "Maisons du Monde a vu ses ventes chuter au premier semestre". Le Figaro (in French). AFP. 2020-07-28. Retrieved 2020-07-29.
  9. ^ "Magasins meuble et décoration". Maisons du Monde. Retrieved 23 April 2023.

External links edit

  • Maisons du Monde
  • Maisons du Monde US

maisons, monde, french, furniture, home, decor, company, founded, brest, 1996, xavier, marie, 2015, nearly, stores, across, france, italy, spain, luxembourg, belgium, germany, switzerland, which, more, than, france, 2010, generated, nearly, million, sales, 201. Maisons du Monde is a French furniture and home decor company founded in Brest in 1996 by Xavier Marie At the end of 2015 it had nearly 250 stores across France Italy Spain Luxembourg Belgium Germany and in Switzerland of which more than 180 are in France In 2010 it generated nearly 323 million in sales In 2015 it employed over 5 500 people Maisons du MondeCompany typePublicTraded asEuronext MDMCAC Mid 60 Component Contents 1 History 2 Number of stores 3 References 4 External linksHistory editIn 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 Maisons du Monde group was bought in 2013 80 by the American company Bain Capital for 680 million 2 In 2015 it achieved a turnover of 699 million euros of which 460 million in France 3 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 edit265 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 StoresThe brand sells online to United States Germany the United Kingdom Portugal the Netherlands and Austria 9 References edit 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 mandates 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 agreablement le marche et bondit en Bourse BFM Bourse in French 2020 07 29 Retrieved 2020 07 29 MAISONS DU MONDE deuxieme 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 decoration Maisons du Monde Retrieved 23 April 2023 External links edit nbsp Wikimedia Commons has media related to Maisons du Monde Maisons du Monde Maisons du Monde US Retrieved from https en wikipedia org w index php title Maisons du Monde amp oldid 1212000884, wikipedia, wiki, book, books, library,

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