Bata France sold to consortium of buyers; brand to disappear in France
French shoe retailer Bata France, put into receivership by the Commercial court of Nanterre, has been sold to a consortium of buyers including the Etam and Courir groups, French daily Les Echos reported.
The unsourced report said that the consortium will take over 47 points of sales and 267 employees, as well as EUR 8m of debt. The report added that the Bata brand will disappear in France.
Bata France operated 72 stores with 355 employees.
Les Echos