La Redoute

Last updated

La Redoute
Native name
La Redoute
Company typePrivate
Founded1837 (1837) in France
Headquarters,
France
Area served
Europe
ProductsApparel and home decor
Website laredoute.com
laredoute.co.uk

La Redoute is a French multi channel retailer founded by Joseph Pollet in 1837.

Contents

La Redoute specialises in ready to wear apparel and home decor, La Redoute is the 2nd largest seller of women's apparel and the 3rd largest seller of linens in France. Its e-commerce site www.laredoute.com is the top ranked French site for apparel and home decor, with more than 7 million unique visitors each month. The company operates in 26 countries and has more than 10 million active customers.

A former subsidiary of Redcats Group, (formerly LaRedoute Group), itself part of Kering Group (formerly Pinault-Printemps-Redoute or PPR) since 1994, La Redoute was sold to its managers, Nathalie Balla and Eric Courteille, in June 2014. [1]

History

La Redoute was founded in 1837 when Joseph Pollet, son of a rural family, moved to the capital of the French wool region, Roubaix. There he opened the first worsted spinning operation, inventing a number of processes. His son, Charles, took up the torch and, in 1873, built a factory on a plot at rue de Blanchemaille and rue de La Redoute. He decided to name the business Filatures de La Redoute (Spinners of La Redoute) after the name of the street in [Roubaix] where it was located.

As of 2024, La Redoute continues to operate in Russia despite the country's ongoing invasion of Ukraine. While many international companies have ceased business in Russia in response to widespread sanctions and global condemnation, La Redoute remains active in the market, selling its products to Russian consumers. [2] [3]

See also

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References

  1. La Redoute saved (for now)
  2. "Over 1,000 Companies Have Curtailed Operations in Russia—But Some Remain | Yale School of Management". som.yale.edu. Retrieved 12 December 2024.
  3. Frynas, George (21 April 2022). "French companies continue doing business as usual in Russia". Euromaidan Press. Retrieved 12 December 2024.