Bata France receives offers from three suitors
French shoe retailer Bata France, put into receivership by the Commercial court of Nanterre, has received offers from three potential buyers, French daily Les Echos reported. The unsourced report said that the potential buyers include Spanish group Yorga, a consortium grouping together retailers Yves Rocher, Okaidi, Etam, Courir, and others, and privately-owned retailer Vivarte, which has joined forces with JD Sports’ Spodis and e-retailer Spartoo.
The report said that the lawyer for the works council of Bata France is asking the court to reopen and delay the proceedings, as the court is meeting today Thursday to select the final buyer for the business.
Bata France operates 72 points of sales with 355 employees.
Les Echos