This Friday, January 17, the French discount furniture and decoration group Gifi, in debt to the tune of 470 million euros, managed to obtain support from its banks to “finalize its financial restructuring”.
The brand announces, in a press release, the establishment of a supervisory board and a management board to ensure “operational orders” and give “new impetus” on a three-year strategic plan. The latter will be focused on a “new commercial impetus” focused on innovation and prices, with a “savings plan” planned for the marketing and logistics aspects.