>>> Naf Naf SAS remaining 60% stake could be acquired by Shanghai La Chapelle Fa

* Naf Naf SAS remaining 60% stake could be acquired by Shanghai La Chapelle Fashion unit for EUR 35.34m
26 NOV 2018
Shanghai La Chapelle Fashion [La Xia Bei Er] [SHA:603157;HKE:6116], an apparel company, said its fully owned subsidiary LaCha Fashion I Limited plans to buy the remaining 60% stake in Naf Naf SAS from Trendy Pioneer Limited and East Links International (HK) for EUR 35.34m.
Naf Naf SAS is a France based apparel retailer 40% held by Shanghai La Chapelle Fashion. Naf Naf SAS booked revenue of EUR 2.077m and EBITDA of EUR 7.6m in 2017.
Trendy Pioneer Limited and East Links International (HK) are Hong Kong based investment companies.


* Vivarte sells Naf Naf to La Chapelle, Star Platinum Capital and East Links for EUR 52m (translated)
12 APR 2018
Vivarte announced on 11 April the acquisition of the Naf Naf ready-to-wear label by La Chapelle, Star Platinum Capital and East Links. The consortium is led by the fashion multi-brand group La Chapelle, created in 1998 in China. With this operation, La Chapelle & Co. makes its first acquisition outside of China.
Naf Naf sells nearly 11 million items each year through its 474 points of sale and corners around the world, and employs nearly 1,200 people.
This development was also reported in French daily Le Figaro, which claimed that La Chappelle confirmed the deal amounted to EUR 52m.
Link to French-language press release
The original article from Le Figaro appeared in print, page 19.

* Naf Naf SAS 40% stake to be acquired by Shanghai La Chapelle Fashion unit for EUR 20.8m
11 APR 2018
Shanghai La Chapelle Fashion [La Xia Bei Er] [HKE:6116], a Hong Kong-listed apparel chain company, said its fully owned subsidiary Shanghai Laxia Enterprise Management has agreed to buy a 40% stake in Naf Naf SAS from Vivarte SAS for EUR 20.8m (USD 25.75m), according to a stock exchange announcement.
Naf Naf SAS is a France based apparel retailer fully held by French fashion company Vivarte SAS. Naf Naf SAS booked revenue of EUR 2.077m and EBITDA of EUR 7.6m in 2017.