Maisons du Monde is poised to float in France this month, weeks after launching online in the UK. We take a look at the homewares retailer.

  • Xavier Marie founded Maisons du Monde in France in 1996, opening four stores in Bordeaux, Lyon, Quimper and Vichy. It now has 193 across the country.
  • The retailer opened its first international store in 2003 when it launched in Spain. That opening was closely followed by moves into Belgium in 2004, Italy in 2007, Luxembourg in 2010, Germany in 2013 and Switzerland in 2014. It now has 69 stores across the six countries.
  • Maisons du Monde is currently focusing on growing its presence in existing markets, but it has built an online presence in a further four countries: the UK, Austria, the Netherlands and Portugal.
  • In 2013, the retailer was acquired by US private equity firm Bain Capital from Apax Partners, LBO France and Nixen in a deal worth €650m (£512m). Bain owns 90% of the business.
  • Marie stepped down as chief executive in 2015 but remains a shareholder, a non-executive director and special advisor to new chief executive, Gilles Petit.
  • Petit joined on September 1 from food service industry business Elior, where he was chief executive and led its IPO on Euronext. He previously spent 20 years at French grocery giant Carrefour, both in its domestic and international businesses.
  • During the year to December 31 2015, sales rose by 8.7% to €699m (£550m). International sales account for 34% of the business with 17% of sales coming from online.
  • The retailer describes its model as “design-to-cost”, which aims to focus on design-driven products displayed through “inspirational” visual merchandising at affordable prices, while the retailer maintains its margin.
  • It has a 90-strong team that focuses on concept, design and sourcing at all phases of the supply chain.
  • Maisons du Monde sells around 16,000 SKUs and launches one furniture collection and two design collections (one for winter and one for summer) each year.
  • The retailer owns two manufacturing facilities in China and Vietnam and a network of more than 500 third-party suppliers across Asia.