Naouri Casino
Jean-Charles Naouri, the 70-year old retail kingpin behind the Casino French supermarket chain, came under pressure for a big restructuring of this companies as Casino shares slumped on renewed. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators.
| Born | 19 November 1959 (age 61) Bône, French Algeria |
|---|---|
| Alma mater | École Polytechnique École des Mines |
| Occupation | Business executive |
| Children | 1 son, 2 daughters |
| Relatives | Jean-Charles Naouri(brother) Gabriel Naouri(nephew) |
Jean-Yves Naouri (born 1959) is a French political advisor and businessman. He is the former chief operating officer of Publicis. He is the founder of JYN Consulting.
Early life[edit]
Jean-Yves Naouri was born on 19 November 1959 in Bône, French Algeria (now Algeria).[1][2] His brother, Jean-Charles Naouri, is the majority shareholder, chairman and CEO of Groupe Casino. Their family was Jewish; their father was a paediatrician.[2] They emigrated to mainland France as children.[2]
Naouri graduated from the École Polytechnique in 1979,[2] followed by the École des Mines.[3]
Career[edit]
Naouri started his career as a Corps des mines,[4] where he worked in the oil industry.[2] He was appointed as an advisor to Dominique Strauss-Kahn, the Minister of Industry and Foreign Trade, in 1991.[2]
Naouri joined Publicis as a founding partner of its Publicis Consultants subsidiary in 1993.[1][2][4] He was subsequently promoted as president of Publicis Conseil, its advertising agency, and later oversaw its operations in the Nordics, Germany, Belgium, The Netherlands and Luxembourg.[2] He served as the chief operating officer of Publicis from 2010 to 2014.[1] He also served as the CEO of Publicis Worldwide from March 2011 to October 2013.[1][5] He served on the board of directors of Publicis until September 2014.[6] In 2015, he sued Publicis for 20 million euros after they failed to give him his golden parachute; he lost the lawsuit in 2016.[7][8]
Naouri is the founder of JYN Consulting, a consulting firm.[7]
Personal life[edit]
Naouri is married.[2] He has a son and two daughters.[2]
References[edit]
- ^ abcd'Company Overview of Publicis Worldwide BV: Jean-Yves Naouri'. Bloomberg. Retrieved November 2, 2016.
- ^ abcdefghij'The man who would be king'. Campaign. May 17, 2012. Retrieved November 2, 2016.
- ^'Jean-Yves Naouri'. World Economic Forum. Retrieved November 2, 2016.
- ^ abDebouté, Alexandre (March 30, 2011). 'Jean-Yves Naouri propulsé patron du réseau Publicis'. Le Figaro. Retrieved November 2, 2016.
- ^Belleville, Renaud (June 5, 2014). 'Jean-Yves Naouri : les illusions perdues du dauphin'. L'Opinion. Retrieved November 2, 2016.
- ^'Publicis: Jean-Yves Naouri quitte le directoire'. Le Figaro. September 16, 2014. Retrieved November 2, 2016.
- ^ abHenni, Jamal (April 20, 2015). 'Publicis: le dauphin déchu porte plainte'. BFMTV. Retrieved November 2, 2016.
- ^Henni, Jamal (May 2, 2016). 'L'ex-dauphin de Maurice Levy perd son procès contre Publicis'. BFMTV. Retrieved November 2, 2016.
Born in Rouen in 1932, Monoprix has grown from a provincial grocery store to a French retail powerhouse conveying quintessential Parisian style.
As the chain’s CEO, Jean Charles Naouri mentioned, Monoprix appeals to time-poor hedonists. Indeed, with products priced 15% more expensive than its counterparts and a children’s range echoing the likes of Bonpoint, Naouri isn’t afraid to position Monoprix as a luxury brand.
Naouri’s involvement with the brand since 2012, when the Lafayette group ceded its 50% stake in Monoprix to the Casino group for 1.175 billion, was a major push to the brand’s new positioning. Jean Charles Narouri, Casino’s chairman and CEO took over the same role at Monoprix and expanded the retailer’s services.
After offering online selling services in 2008, the high-end supermarkets further established their new positioning via the launch of their online retailer called ‘MonShowroom’ in 2015. In addition to selling Monoprix’s own brand Clo&Se, the online marketplace also showcases articles from brands such as IRO, Antik Bantik and Ba&Sh, thus catering to affluent young and trendy young adults. Nowadays 2/3 of sales come from its supermarkets and 1/3 from clothing, health and beauty products. Monoprix is also known for constantly renewing their collections of homeware.
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Nowadays, Monoprix is a force to be reckoned with in the French retail sector with over 4.2 billion € in sales for 2016. It represents 22% of French sales for Casino and accounts for 2/3 of retail trading according to BNP estimates. Furthermore, Monoprix has a 6-7% earnings before interest and tax margin excluding profit, according to Exane.
Although the French retailer saw a light decrease in sales during the first quarters of 2016, it reported a sales boost of 2.5% in the 4th quarter of 2016.
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As Monoprix continues to grow and sets its sights on international goals, its management will have to find news ways to entice new clients around the world without losing its core identity. Nouari’s track record seems to confirm that the CEO is ready to take on this next challenge.