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Macintosh Retail Group N.V.

Macintosh Retail Group N.V.

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Publicatie datum 07 sep 2011 - 17:50
Statutaire naam Macintosh Retail Group N.V.
Titel INTENTION TO SELL GP DÉCORS FRANCE
Bericht Poor home decoration market impeding GP Décors' recovery in profitability Sales process starts in September 2011 Living sector continues to be strategic Frank De Moor, CEO Macintosh Retail Group: "GP Décors successfully implemented a restructuring plan. However, given the continued difficult market conditions, GP Décors is unlikely to grow into a good profitable format as part of Macintosh Retail Group in the short term. Although GP Décors provides a basis for growth of our Living activities, acquiring a profitable retail chain in France or other market seems to be preferable over continuing a long-term process of gradually expanding GP Décors. However, Macintosh Retail Group's future will continue to be in Fashion as well as Living."