Do you want e-commerce Casino shoes that invoice of EUR 250 million

The French retailer group Casino reported on Monday (19/02) which opened exclusive negotiations to acquire the Sarenza, online shop for shoes. The deal is being done by Monoprix, a subsidiary of online Casino, present in 250 cities in France. The group is expected to complete the deal in the next few weeks. The purchase depends on consultations with officials of Sarenza and Monoprix and the approval of the regulatory body of France, the French Competition Authority. In a statement, the Casino informs you that the business has the objective of broadening the product offering in the Monoprix and make this platform a full channel, beauty and fashion products for the home. According to the Casino, the Sarenza is the leader of online retail with the offer of 650 marks which generated EUR 250 million in sales in the last fiscal year. "By purchasing the Sarenza and your experience, the Casino Group consolidates your position as a leader in urban online retail," said in a statement the President of the Casino, Jean-Charles Naouri.