- Darty
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Darty Type Part of KESA Electricals Plc Industry Retail Founded 1957 Headquarters Paris, France Key people David Newlands (Chairman) Products White goods, Telecommunications, Information technology Revenue 10.3% (French operations only) Employees 11,234 Website www.darty.com DartyBox Type Public Industry telecommunications, television and internet service provider Founded 2006 Headquarters Paris, France Parent Completel Website www.dartybox.com Darty, founded in 1957 by the Darty family in France, is now a wholly owned subsidiary of the UK-based KESA Electricals Plc specialising in Electrical retailing. The company has different operations across Europe, the original being in France and now in three other countries (in conjunction with KESA), Turkey, Italy, Switzerland and Spain.
Contents
French operations
In France and Luxembourg Darty owns 209 stores, making it the second largest retailer of the KESA Group (the first is Comet with 248 stores). These 209 stores equal 274,400 square metres of selling space. At the end of 2006, Darty had 10,848 employees.[1]
Darty is the leader of specialized distribution of electronic products for the general public in France. Another of their slogans is to satisfy 100% of the customers. Darty France also provides a repair service guarantee, that if a product is broken in the first one or two years (depending on the product) Darty will fix it.
History
The start of Darty (1957–1974)
In 1957, the Darty family — the father and his three sons, Nathan, Marcel and Bernard — managed a small store of textiles. The Darty brothers started to sell stock, and, to attract customers, they left the goods on the pavement. In a few days, the stock was liquidated. In 1967 the Darty brothers transferred to a larger warehouse.
Regional expansion (1975–1992)
In 1988, the brains trust initiated an O.P.A, with the approval and the support of the founders of Darty, allowing the repurchase of the company by its employees (LMBO) and thus showing economic and social innovation. The operation was a success, since 90% of employees took part and controlled 56% of the capital. At the end of 1988 Darty opened its 100th store.
Kingfisher and KESA periods (1993 - 2003 onwards)
In 1993, Darty was bought by Kingfisher plc, which integrated Darty and Comet, in a European entity based in Paris: Kingfisher Electricals S.A. (KESA). In 1999 this led to Darty opening up a commercial Internet site. This entity increased via acquisitions and, at the beginning of 2003, included Darty and But in France, Comet in the United Kingdom, BCC in the Netherlands, Vanden Borre in Belgium and Datart in the Czech Republic and Slovakia. In 2006, Darty launched DartyBox, which is an ADSL internet, television and telecommunications provider based on the network of French internet operator Completel.
Other operations
Turkey
In Turkey, Darty owns and operates 6 stores and planning to raise this number to 12 before end of 2008. In Turkey, the first Darty store which is 1,500 square metres and has 58 employees, was opened in 2006.
Italy
Italian operations of Darty own nine stores with 214 employees and 13,600 square metres of selling space. The stores include in Milan, in Turin, one in Piacenza and others in Giussano (MI), Cesano Boscone (MI), Paderno Dugnano (MI), Orio al Serio (BG), MM Sanbabila (MI), Alessandria, Moncalieri (TO), Bicocca (MI), Rho (MI), Cinisello (MI), Affi (VR), Vado Ligure (SV) and other 2 in Turin.
Switzerland
Swiss operations of Darty include three stores in Crissier, Etoy and Villeneuve which adds up to 4,400 square metres of selling space. This operation has 114 employees.
See also
- Comet Group plc - Sister company trading in the UK
- Jean Sarkozy - husband of Jessica Sebaoun-Darty, heiress to the Darty fortune
External links
References
Kingfisher plc Subsidiaries and divisions CurrentFormerJoint ventures and shareholdings Hornbach DIY (21%) · Koçtaş (50%)Other Categories:- Consumer electronics retailers
- Retail companies of France
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