We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jul 18, 20246:14am

Printemp’s CEO exists the French department store chain

The French department store chain and CEO Paolo Cesare part ways and prepares a new strategic acceleration and growth plan.

Mar 2, 2020 — 5:36pm

Printemp’s CEO exists the French department store chain



Printemps reorganizes its helm. The French department store chain is on the lookouts for a new CEO after dispensing with Paolo de Cesare, the company’s current chief executive. This change falls under the new strategic plan for the acceleration and growth of the company. 


De Cesare has been part of the company since 2007. The executive led the sale of Printemps to the investment group Divine Investment in 2013, also the owner of Harrods or Valentino. 


“The decision of the supervisory board stems from difficulties in recent years in the retail business, internationally and especially in France, and from the necessity to put in place new leadership in order to accelerate and realize Printemps,” the company explained in a statement. 


In the fiscal year 2018, the department store group increased its revenue by 3%, to 1.7 billion euros (1.9 billion dollars). The company has explained that the results of the exercise were affected by the protests of the yellow vests in Paris.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment