Lagardere - 10 things to know with detail
- 1. Lagardere is a French multinational conglomerate with interests in media, publishing, and travel retail.
- 2. The company was founded in 1826 by Louis Hachette as a publishing house, which later expanded into other business areas.
- 3. Lagardere's media division includes television production, radio broadcasting, and digital media platforms.
- 4. The company's publishing division is one of the largest in the world, with a wide range of books and magazines published under various imprints.
- 5. Lagardere also operates a travel retail division, which includes duty-free shops in airports and other transportation hubs.
- 6. The company has a presence in over 40 countries, with a strong focus on the European market.
- 7. Lagardere is listed on the Euronext Paris stock exchange and is part of the CAC 40 index.
- 8. The company has faced challenges in recent years, including declining revenues in its publishing division and a legal dispute with its former CEO, Arnaud Lagardere.
- 9. Lagardere has been undergoing a strategic review of its businesses, with a focus on streamlining operations and improving profitability.
- 10. Despite these challenges, Lagardere remains a major player in the media and publishing industries, with a strong brand and a long history of success.