EMCC European Monitoring Centre on Change

La Belle Vie

Company/Organisation:
La Belle Vie

Geographic Location

Country: France
Location of affected unit(s): Paris, Lyon, Lille

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.91 - Retail sale via mail order houses or via Internet
Number Employed: 150
Group: Deleev

Employment Effects

Announcement Date: 28-05-2020
Type of Restructuring: Business expansion
Employment Effect Start: 01-07-2020
Foreseen End Date: 31-12-2020
Planned Job Creation: 150

Additional Information

The online grocery store La Belle Vie has announced a fund raising of €11.6 million for its location in Paris. With these funds, it plans to expand and open three new warehouses, one of which will serve a new city by the end of the year, probably Lyon or Lille. It is going to invest in its technology to optimise its growth and it plans to recruit 150 new employees to double its workforce. La Belle Vie lists some 6,500 products. During the period of containment linked to the Covid-19 pandemic, the start-up quadrupled its deliveries, bringing its monthly turnover to €4 million and hired about 100 people. 

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