Monday, February 15, 2016

Bata in trouble again in France – Le Monde

Bata Company was founded in 1894 by a Czech  family, who then emigrated to Canada in 1930 to  escape Nazism.

” The company met its objectives until the end of September, before being the victim of a very mild fall and the collapse of attendance following the November attacks “ says a spokesman ABC Shoes group.

the holding company headed by François Le Ménahèze had resumed in early 2015, in association with Running and Etam, the French subsidiary of Bata when the latter was declared insolvent.

Shoes ABC currently operates 72 stores and Bata employs some 400 workers in France, according to Le Figaro , which specifies that the administrator has set March 9, the date of filing of the company’s takeover offers.

Bata was created in 1894 by a Czech family, who then emigrated to Canada in 1930 to escape Nazism. She saw sales crumble for several years because of competition from the Internet (including Sarenza Zalando or sites), but also clothing stores like Zara, H & M, Celio, who also launched footwear collections, breaking prices.

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