Regardless of some setbacks within the administration of its retail community, France’s Bogart Group continues to deal with the vertical integration of its actions.
The Konckier household, reference shareholder of the group, stated on Friday, April 24, that it has agreed to accumulate 100% of Stadtparfümerie Pieper, a well-established participant in Germany’s selective perfume retail sector.
Based in 1931, Stadtparfümerie Pieper is a well-established family-owned enterprise, working a community of 110 shops and a member of the Magnificence Alliance group.
This transaction is being carried out as a part of a self-administered restructuring continuing. Its completion stays topic to customary closing situations and the approval of the related authorities.
“The signing of this settlement marks a major milestone. Pieper is a well-established firm with deep market roots and a robust operational basis. We’re assured that our sector experience, long-term dedication, and in-depth information of the German retail market will assist stabilize the enterprise and help its continued progress. Our ambition is to safe the corporate’s future in a accountable and sustainable manner, for the advantage of its workers, prospects, and companions,” stated Jonathan Konckier, CEO of Groupe Bogart.
Topic to the profitable completion of the transaction, the Parfümerie Pieper community may rapidly grow to be a strategic companion for the Bogart Group’s Fragrances & Cosmetics division (together with Aholic, Carven, Jacques Bogart Paris, Méthode Jeanne Piaubert, Rose & Marius, Stendhal and Ted Lapidus).
The French group ended 2025 with income of EUR 263.9 million, declining 7.5% at fixed scope and change charges and eight.7% on a reported foundation.
Since 2004, Groupe Bogart has acquired a number of selective perfumery and drugstore chains throughout Europe and the Close to and Center East, constructing a novel community of practically 450 shops throughout seven international locations. These function underneath banners together with April (Belgium, France, Israel, Luxembourg, United Arab Emirates), DI Drugstores (Belgium), HC Parfümerie, Aurel, Gottman and Gabriel (Germany), and Fann (Slovakia).
4 years in the past, Groupe Bogart set out its ambition to construct Europe’s fourth-largest community of selective perfumeries — a method that continues to unfold.
