Bryan Garnier - Specialized Retailing: No lockdown in France but closure of half of shopping malls

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Bryan Garnier

Clement Genelot

Specialized Retailing: No lockdown in France but closure of half of shopping malls

Specialized Retailing
No lockdown in France but closure of half of shopping malls

Although a hard lockdown has been avoided in France…
…almost 400 shopping malls have to close
About 15-20% of store network concerned for Fnac Darty and MdM
Welcome to our “2021 lose-lose scenario for French specialized retailers” scenario

01/02/2021 3 EN

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Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Clement Genelot

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Specialized Retailing: No lockdown in France but closure of half of shopping malls

Egetis: Submits pre-NDA meeting, positive recruitment update

Faron: Positive FDA feedback sends BEX into a registrational phase 2/3 study

Fastned: H1 results, GM recovery, roll-out acceleration expected in H2

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