La Grande Récré currently has some 140 stores (integrated or franchise outlets) and just over 1,000 employees, including franchisees. Sylvain Robin / OceanProd – stock.adobe.com
JouéClub had affirmed that its offer would make it possible to preserve “more than 1000 direct and indirect jobs”.
The Paris Commercial Court has ruled. The La Grande Récré toy brand will be taken over by the JouéClub cooperative. At the end of April, Ludendo Entreprises, the parent company of La Grande Récré and belonging to the galaxy of businessman Michel Ohayon, announced that it had obtained,at his request“, of the commercial court the opening of a procedure of liquidation concerning it, “with maintenance and continuation of activity“from the toy sign”in order to allow its recovery“.
La Grande Récré currently has some 140 stores (integrated or franchise outlets) and just over 1,000 employees, including franchisees. Several French brands had applied for its takeover: the competitors JouéClub and Kingtoy, heavyweights in the sector, as well as the shoe brand Chaussea with a project relating to “a number of stores“. The withdrawal of the offer from King Toy, finally announced on May 17, left the field open to JouéClub. “We are the only ones to offer a global recovery offer“, had put forward, in May, its president Jacques Baudoz.
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