FRANCE: GOALS OF THE HYPARLO GROUP

Article Abstract:

Hyparlo intends to double its turnover by the year 2003 and to make 40% of its sales internationally. In France, Hyparlo plans to invest FFr 80mn for maintenance in its net work of stores and to expand the Continent store in Sallanches. Hyparlo renewed its franchise contract with Promodes at the beginning of 1999.

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THAILAND: CASINO INVESTS US$ 10MN

Article Abstract:

Casino is going to invest US$ 10mn in 1999 to develop Big C, the Thai retail chain in which it has 66% control. Casino already plans to open ten Big C stores and it also plans to develop private labels. Big C makes a turnover of FFr 3.2bn and operates 20 supermarkets and hypermarkets.

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FRANCE: FFR 10MN INVESTMENT FOR SAULIEU

Article Abstract:

The French luxury leather baggage and accessories group, Thomas, is investing FFr 10mn, including FFr 4mn for equipment, on its workshop in Saulieu. Thomas also aims to create 40 jobs by September 2000.

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