April 19, 2024

The Nero Bianco Group, already the proprietor of the Membership Chaussures and Nero Bianco shops, acquired the Panda Footwear firm on Sunday.

In an interview with TVA Nouvelles, the proprietor of the corporate, Jean-François Transon, identified that the chance for this acquisition was good, particularly with the resignation of the proprietor of Chaussures Panda, Linda Goulet.

“The synergies, the potential, the doable progress: all the things was there to have a recipe for achievement,” says the President of the Nero Bianco Group, Jean-François Transon.

New companies may quickly emerge within the area.

“We simply need to develop and that can occur in areas the place demand may be very excessive however provide may be very low,” he mentioned. We see a really large alternative for us at this degree.”

TVA Information

Mr. Transon assures that his varied banners won’t compete with one another.

“We already stay collectively, we have been simply separated, now we’re collectively in a single group so we are able to combine merchandise much more intelligently for patrons,” he says.

Some folks danger shedding their jobs because of this acquisition, however in line with the corporate’s president, jobs can be created.

“A small loss within the brief time period [d’emplois] on the headquarters in Montreal, he explains. However in Quebec there can be creation, and on the openings too [de nouvelles boutiques]there can be as many at headquarters as there are on the job creation retailer.”

The entire value of the acquisition was not disclosed.

Watch the total interview within the video above