Maisons du Monde

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Maisons du Monde
TypePublic
Euronext: MDM
CAC Mid 60 Component

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.

History[]

In 2006, Maisons du Monde launches its online shop[1] and proposes the whole of its catalogue of furniture and a large part of its objects of decoration. Maisons du Monde publishes at the beginning of the year a catalogue presenting its new collection.

The Maisons du Monde group was bought back in 2013 (80%) by the American company Bain Capital for an amount of €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 the IPO.[4]

In 2018, Maisons du Monde opened the 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

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 and Manchester, Leicester )
  • Switzerland: 3 stores
  • United States: 2 Stores

The brand sells online to United States, Germany, the United Kingdom, Portugal, the Netherlands and Austria.[5]

References[]

  1. ^ http://www.journaldunet.com/0605/060531-maisonsdumonde.shtml (in French)
  2. ^ http://www.lefigaro.fr/societes/2013/06/19/20005-20130619ARTFIG00648-maisons-du-monde-rachete-for-680-millions-d-euros-by-bain-capital.php (in French)
  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. ^ "Goldman Sachs, Citi mandatés pour l'IPO de Maisons du Monde-sces | Zone Bourse". www.zonebourse.com (in French). Retrieved 2016-02-21.
  5. ^ http://www.maisonsdumonde.com/CH/fr/magasins/ (in French)

External links[]

[1]

  1. ^ https://www.bizjournals.com/southflorida/news/2019/11/14/maisons-du-monde-to-open-at-aventura-mall.html
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