Moody's: French retailers' credit quality stable into 2018 on household consumption, sentiment uplift
Announcement: Moody's: French retailers' credit quality stable into 2018 on household consumption, sentiment uplift. Global Credit Research- 11 Apr 2017. Paris, April 11, 2017-- French speciality retailers' credit quality will remain stable in the next 12 to 18 months as rising household consumption and improving consumer sentiment drive low but steady sales and profitability gains, says Moody's Investors Service in a report published today.Steinhoff International is an integrated retailer based in the Netherlands. Co. is engaged in the manufacturing, sourcing and retailing of clothing, footwear, personal accessories, cellular products, selected financial services, furniture, household goods, appliances, home accessories, consumer electronics and technology products, building materials and DIY projects and general merchandise in Europe, Australasia, the United States and Africa. Co.'s big box format stores provide a one-stop shop solution to household and homeware goods shopping where customers can buy anything for their home, from flooring solutions, full kitchen installations, furniture to final decoration and accessories.
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