Turnover: 500 billion EUR (2022)

Country: France

  • Founded in 1995 by Pierre Mestre, the company specializes in nursery, maternity and children's fashion.
  • It has over 600 stores in 40 countries.
  • The group has a strategy of rapid external growth, with the acquisitions of Baby Care in 2002, Prémanan in 2012 and Destination Maternity in 2016
  • The health crisis led to a loss of 100 million euros in sales
  • The group went into receivership in 2020 and was taken over by its founder
  • Renamed Neworch, the group is now posting good results, despite the crisis
  • 4 restructuring plans in 3 countries and closure of 150 stores across Europe
    operating costs were cut by 35%
    all logistics were brought together in a single warehouseEmployement 3000 people

News

Orchestra goes digital 08/07/2022

  • Orchestra accelerates the digitization of its flyers
  • By 2021, Orchestra has gone from 12 printed magazines a year to just 6
  • At the beginning of 2022, digital communications recorded an average of 2 million impressions per month
  • 15-20% of consumers who have seen one of Orchestra's digital catalogs have subsequently visited a store
  • Orchestra has almost 250 stores

Financial Data

DUNS: 882808587

Legal Name: NEWORCH

Address: 200 AV DES TAMARIS ZAC SAINT ANTOINE, 34130 SAINT-AUNES

Number of employees: Entre 1 000 et 1 999 salariés (2021)

Capital: 13 000 000 EUR


Financial Data:

Year 2021 2018 2017 2016 2015
Turnover 531 778 157 532 646 000 520 539 000 487 928 000 444 947 000
Gross margin (€) 576 821 249 548 654 000 242 013 000 229 141 000 -
EBITDA (€) 29 277 863 15 202 000 25 827 000 24 605 000 -
Operating profit (€) 6 640 827 -2 932 000 -7 818 000 1 869 000 -
Net profit (€) 5 128 236 -26 459 000 -37 404 000 -10 861 000 8 616 000
Turnover growth rate (%) - 2,3 6,7 9,7 -
Ebitda margin rate (%) 5,5 2,9 5 5 -
Operating margin rate (%) 1,2 -0,6 -1,5 0,4 -
Working Capital (turnover days) -20,8 -146,9 -25,1 0,6 -
Working Capital requirements (turnover days) 3 -111,2 14,5 28,2 -
Net margin (%) 1 -5 -7,2 -2,2 -
Added value / Turnover (%) 5,1 71,3 12,9 12,3 -
Wages and social charges (€) 51 791 789 50 638 000 46 185 000 40 707 000 -
Salaries / Turnover (%) 9,7 9,5 8,9 8,3 -

Studies mentioning this company

The baby clothing market - France

Other companies mentioned:

The children's clothing market - France

Other companies mentioned:

The children's shoe market - France

Other companies mentioned:

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