Naf Naf taken over by Turkey’s Migiboy for €1.5 million

Featured image of the article Naf Naf taken over by Turkey’s Migiboy for €1.5 million

An article by Morgane Monteiro

Publication

27 June 2024 à 13h51

Updated on 1 July 2024 à 15h38

Reading time

1 minute

Publication: 27 June 2024 à 13h51, Updated on 1 July 2024 à 15h38

Reading time: 1 minute

An article by Morgane Monteiro

Publication

27 June 2024 à 13h51

Updated on 1 July 2024 à 15h38

Reading time

1 minute

Publication: 27 June 2024 à 13h51, Updated on 1 July 2024 à 15h38

Reading time: 1 minute

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On June 18, the Parisian Commercial Court of Bobigny granted Naf Naf (2022 sales of €141 million, debts of €40 million in 2023) to Migiboy Tekstil (2023 sales of €55.9 million down by 23.6%) for €1.5 million. The Turkish manufacturer of textiles will take over 99 of the 111 fully-owned stores, safeguarding 90% of the 579 staff of the French retailer, in legal receivership since September 2023. Migiboy Tekstil succeeds SY International (acquired in 2020). A long-standing supplier to Naf Naf...

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Article authors

Featured image of the article Morgane Monteiro

Morgane Monteiro Journalist

Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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