Casino France Ceo
| Public | |
| Traded as | NASDAQ: CNV |
|---|---|
| Industry | e-commerce |
| Founded | 2014 |
| Headquarters | Amsterdam, Netherlands and Sao Paulo, Brazil |
| Jean-Charles Naouri, CEO and Chairman | |
| Revenue | 3.42 billion euros (2015)[1] |
| Owner | Groupe Casino (46.34%) Dutch HoldCo (53.50%), Éxito S.A. (0.16%) |
Number of employees | 5,500 (2015) |
| Website | cnovagroup.com/en/ |
CEO Kingston upon Thames. Part of the pre-op team of the UK’s largest international-style casino, and its busiest. Casino Dealer Casinos in France. Rival Casino Guichard Perrachon fell back 0.6%, while Britain's Tesco rose 2.7%, in London. The Dow Jones index tracking Europe's 50 leading shares was up 1.2%, to 1,955.29 points. Bienvenue sur le site du Groupe Casino. Since 17 March 2020, Casino Group’s 220,000 employees in France, Brazil, Colombia, Uruguay, Argentina and the Indian Ocean have rallied to continue supplying our 11,172 stores and serving millions of customers every day. Smith also recounted the story to Charlie Rose in 2008, but the FedEx founder and CEO isn’t the only one who’s benefitted his business by playing blackjack. PIMCO founder Bill Gross credited much of his investment success to his early days spent playing the casino game, according to CNNMoney. “Star Casino received $64 million in JobKeeper, and gave CEO Matt Barkier an equity bonus worth $800,000. Sea Link received $8 million in JobKeeper, and gave CEO Clinton Feuerherdt a $500,000.
Cnova N.V. is an e-commerce company, founded in June 2014. Cnova includes Cdiscount (operating in France, Belgium, Ivory Coast, Senegal and Colombia) and Cnova Brazil (operating in Brazil). Cnova N.V. is part of Groupe Casino, a French global retail company of which Mr. Jean-Charles Naouri is currently the chairman and CEO. Since November 2015, Peter Paul Estermann is the chairman of the board of Cnova N.V.[2]
In 2015, the total sales of Cnova N.V. reached 4.835 billion euros and its total revenue reached 3.42 billion euros.[1] At the end of 2014, Cnova counted 13.6 million active customers in the world.[3]
History[edit]
The first operations began in 1998 with the founding of the e-commerce website Cdiscount, a single website focused on offering CDs and DVDs.[4]
Cdiscount then expanded its business to encompass product categories such as consumer electronics, computers, home appliances and wine.
In 2008, the companies Pontofrio.com and eHub were launched in Brazil, providing e-commerce services to third-party retailers.[5]
The Brazilian expansion continued in 2010 by adding the Extra.com.br and CasasBahia.com.br websites to the portfolio, and the creation of business unit focused on business-to-business wholesale called Pontofrio Atacado. In 2011, Cdiscount implemented its first marketplace and launched ComptoirSante.com, an e-commerce website dedicated to beauty products.[6]
During the year 2012, two new websites were launched in Brazil. An online marketplace was also created on the Extra.com.br website in Brazil.
2014, Cnova, a global e-commerce company with a total gross merchandise volume of $4.9 billion, was created through a joint venture between Casino, GPA, Via Varejo and Exito. Cnova will be directly owned 46.5% by Casino (including its subsidiary Exito) and 53.5% indirectly by GPA, Via Varejo and certain founding shareholders of Nova Pontocom.[7][8]
2014 saw the merger of both French and Brazilian e-commerce activities under the Cnova umbrella, as well as the Cdiscount expansion in Colombia, Ivory Coast, Belgium and Senegal.[9]
Presentation[edit]
The current geographies represent over 500 million people with Cnova sites in France, Brazil, Colombia, Ivory Coast, Belgium and Senegal, and operations in Brazil under the sites Extra.com.br, Pontofrio.com and Casasbahia.com.br.[10] It operates B2B solutions, such as the eCommerce solution eHub, and niche sites both in France and Brazil, with Comptoirsante.com, Moncornerdeco.com, or Barateiro.com.
Cnova has established itself as an eCommerce market leader in France and Brazil. Through the direct sales websites and its marketplaces, Cnova offers an extensive product assortment (including home appliances, consumer electronics, computers, home furnishings, leisure and personal goods) and differentiated delivery and payment options.[11][12][13]
Subsidiaries[edit]
Cdiscount[edit]
Cdiscount is a French company created in 1999. It has been part of Casino Group since 2000. As the first e-commerce website in France, Cdiscount offers a wide range of products including, among others, cultural goods, high-tech, IT, household appliances, personal appliances and food.[14]
Cdiscount also operates in Brazil, Belgium, Ivory Coast, Senegal and Colombia.
In 2015, Cdiscount employed 1,400 people and had a turnover of 1.764 billion euros.[15]
Cnova Brazil[edit]
Cnova Brazil, now integrated into Via Varejo businesses,[16] was specialized in e-commerce activities throughout the country. Its creation follows the merger of the online activities of Casas Bahia, Ponto Frio and Extra, a hypermarket chain belonging to the Brazilian group Pão de Açúcar, the leading national retailer in Brazil. Cnova Brazil structured its e-commerce services through three main B2C websites – extra.com.br, casasbahia.com.br and pontofrio.com – as well as B2B services through Pontofrio Atacado and its eHub platform.[17]
Cnova Brazil was a major e-commerce player in Brazil with a turnover of 1.655 billion euros in 2015.[18]
Management[edit]
Executive Committee[edit]
- Emmanuel Grenier: CEO and Executive Director of Cnova
- Stéphane Brunel: Chief Financial Officer of Cnova and Cdiscount[19]
References[edit]
- ^ abCnova : le chiffre d'affaires de Cdiscount en légère progression, LSA Conso, 3 March 2016
- ^Cnova Board ChangesArchived 4 March 2016 at the Wayback MachineReuters, 20 November 2015
- ^Cnova investors presentation, cnova.com, february 2015
- ^Cdiscount at the heart of B to B e-commerce[permanent dead link], Deliver 2 France, 16 January 2013
- ^Company Overview of Pontofrio.com, Investing Businessweek, 13 October 2014
- ^Cdiscount lancera en juin une e-boutique de lentilles de contact, Journal du Net, 16 May 2011
- ^'Casino Guichard Perrachon sets up with Via Varejo global ecommerce joint venture Cnova'. Reuters. 4 June 2014. Retrieved 22 June 2014.
- ^'Casino Group: Creation of a major global ecommerce - Cnova'. GlobeNewswire. 4 June 2014. Retrieved 22 June 2014.
- ^Casino Group: Creation of a major global ecommerce – Cnova, Euroinvestor, 4 June 2014
- ^Casino Files to Float e-Commerce Unit Cnova in New York, Wall Street Journal – Online, 5 June 2014
- ^Alibaba IPO timing bodes well for Casino's Cnova listing, CNBC, 16 September 2014
- ^Casino lance « Cnova », sa société mondiale de e-commerce, Les Echos, 5 June 2014
- ^Company Overview of Cnova N.V., Blommberg Businessweek, 13 October 2014
- ^Cdiscount, premier e-commerçant de France, Journal du Net, 11 June 2013
- ^Cdiscount - Groupe Casino, Groupe-Casino.com
- ^GPA anuncia integração de negócios da Cnova Brasil à Via Varejo, G1, 31 October 2016
- ^Cnova Brazil, a major e-Commerce player in Brazil, Groupe Casino
- ^Cnova NV : N.V. : - Activité de l'exercice 2015, Zone Bourse, 12 January 2016
- ^'CNV Profile'. Yahoo Finance.
External links[edit]
Casino Group to associate Tikehau Capital and Bpifrance to the development of its subsidiary GreenYellow
Casino Group, Tikehau Capital and Bpifrance announce today the signing of an agreement under which Tikehau Capital and Bpifrance will enter the capital of GreenYellow, Casino's subsidiary dedicated to solar energy and energy efficiency solutions, via a capital increase of €150 million, representing a 24% stake.
This capital increase will allow GreenYellow to accelerate its development in all of its markets in France and abroad and to benefit from the expertise of Tikehau Capital and Bpifrance in the fast growing renewable energies and energy efficiency sectors.
The closing of the operation is expected by December 2018, subject to the fulfilment of the usual related conditions.
Casino France Ceo Jobs
Otmane Hajji, CEO of GreenYellow, commented: 'We are proud to welcome Tikehau Capital and Bpifrance in our capital, alongside our historical shareholder and client Casino Group. Born out of an intrapreneurial and pioneer initiative within Casino Group, GreenYellow has become, in only 10 years, a leading player in the solar photovoltaic and energy efficiency solutions in France and globally. The support and the trust of our two new shareholders will enable us to pursue and accelerate our development, and to accompany more clients in their energy transition.'
About GreenYellow
Founded in 2007 within the Casino Group, GreenYellow offers unique solutions in the emerging field of energy transition. Engaged in the development of B2B solutions helping its customers to reduce their energy costs, GreenYellow has developed more than 150 decentralized photovoltaic projects generating c.190 MWp, and operates more than 1,500 energy efficiency contracts with Casino Group as well as with third-party customers. GreenYellow is a leader in its main markets, including France, Brazil and Colombia, and is expanding rapidly in Asia and Africa. Today, GreenYellow has more than 260 employees and has a presence in France, Latin America, Africa and Asia.
About Casino Group
Casino Group is a well-established and key player in the French retail industry as well as a leader in the global food retail market, with more than 12,000 stores worldwide - in France, Latin America and in the Indian Ocean region. The Group has built up a portfolio of strong, dynamic and complementary banners, thanks to its workforce of over 220,000 people driven by a passion for retail and customer service, generating consolidated net sales of €38bn in 2017. In France, the Group successfully implemented its multi-format, multi-brand and multi-channel model by leveraging its large network of hypermarkets (Géant), supermarkets (Casino), urban supermarkets (Monoprix, Franprix, Leader Price), convenience stores (Casino Shop, Vival, Spar, Leader Price Express) and the French e-commerce leader Cdiscount. The Group is notably present in Latin America: N°1 in Brazil with GPA and Via Varejo and in Colombia with Grupo Exito. In all of its host countries, the Casino Group focuses its development on the formats with the highest potential and ability to adapt in order to meet customer needs, both today and in the future. www.groupe-casino.fr
About Tikehau Capital
Tikehau Capital is an asset management and investment Group which manages €14.8bn of assets (as of June 2018) with shareholders' equity of €2.3bn (as of June 2018). The Group invests in various asset classes (private debt, real-estate, private equity and liquid strategies), including through its asset management subsidiary Tikehau IM, on behalf of institutional and private investors. Controlled by its managers, alongside leading institutional partners, Tikehau Capital employs c.230 staff (as of June 2018) in its Paris, London, Brussels, Madrid, Milan, New York, Seoul and Singapore offices. Tikehau Capital is listed on Euronext Paris, compartment A (ISIN code: FR0013230612; Ticker: TKO.FP).
About Bpifrance
Bpifrance is the French national investment bank: it finances businesses - at every stage of their development - through loans, guarantees, equity investments and export insurances. Bpifrance also provides extrafinancial services (training, consultancy.) to help entrepreneurs meet their challenges (innovation, export.). For more information, please visit: www.bpifrance.fr and presse.bpifrance.fr - Follow us on Twitter: @Bpifrance - @BpifrancePresse
CASINO GROUP
ANALYST AND INVESTOR CONTACTS:
Régine GAGGIOLI - rgaggioli@groupe-casino.fr - +33 (0)1 53 65 64 17
Or
+33 (0)1 53 65 24 17 - IR_Casino@groupe-casino.fr
PRESS CONTACTS:
Casino Group - Direction of Communication
Stéphanie ABADIE - sabadie@groupe-casino.fr - +33 (0)6 26 27 37 05
Or
+33(0)1 53 65 24 78 - directiondelacommunication@groupe-casino.fr
Casino France Ceo History
Agence IMAGE 7
Karine ALLOUIS - kallouis@image7.fr - 33(0)1 53 70 74 84 -
Priscille Reneaume - preneaume@image7.fr
Casino France Retailer
Disclaimer
Casino France Ceo Film
This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Similarly, it does not give and should not be treated as giving investment advice. It has no connection with the investment objectives, financial situation or specific needs of any recipient. No representation or warranty, either express or implicit, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for exercise of their own judgement. All opinions expressed herein are subject to change without notice.
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