DAMARTEX GROUP
EUROPEAN LEADER IN THE SILVER ECONOMY
More than a signature, our « core purpose » is our manifesto: to give meaning to Damartex generates value, trust and growth for each of our brands.
Group
VISION
Give smile to 55+ by creation and distribution of specific products provifind style, comfort and innovative solutions for daily life.
Listening to the expectations of all 55+, our brands offer a unique offer, placing innovation and expertise at the heart of their know-how. Complementary to fashion, our home & lifestyle brands respond to the growing enthusiasm for decoration. As for the healthcare brands, they help our seniors live a longer life.
8 brands
All these brands confer on the Damartex group a leading role among European retailers of clothes and accessories for seniors (people aged 55+). Each brand has its own style and addresses different needs and expectations from the customers.
Nine trading brands spread over three complementary sectors:
• The « Fashion » brands: Damart and Xandres
• The « Home & Lifestyle » brands (personal and household equipment): Coopers of Stortford, 3Pagen and Vitrine Magique.
• The « Healthcare » brands:
Home care: Almadia,
Home healthcare providers: Santéol, MSanté
International Presence
Damartex has a presence in 9 countries around the world. Its main markets are: France, Great-Britain, Belgium and Switzerland.
Cross-channel
The concept of cross-channel is a core component of Damartex’s strategy. The idea is to offer more choice to the customer by adapting the distribution channels to her habits and way of life.
The Damartex Group relies on the specifics of each channel, varying the way that it uses the channels depending on the brand and the country. The customer can thus discover the complete offer on a catalogue, order any time on the website, from a tablet or a PC, buy the product in store or pick it up at pick up points. This approach allows us to develop a 360° relationship with our customers.
People Aged 55+
People aged 55+ are a demanding and fascinating wide range of customers which Damartex understands and respects. One of the characteristics which sets the group apart and makes it stronger is the strength and the potential of its brands. Each satisfies a specific customer need through a differentiated range of products. One of the Group’s strengths is in customer service and guidance.
KEY FIGURES
PASSION FOR THE CUSTOMER
We are proud of « our » seniors and we enjoy working for them.
TEAM SPIRIT
We enjoy working together, in an atmosphere of trust and with due respect for others. No matter what our role is or the culture of our country, we know how to benefit from our differences.
FLAIR FOR INNOVATION
We are constantly on the lookout for creative solutions in terms of organization, process and products.
ENTREPRENEURIAL SPIRIT
Each of us, in our own way, does not hesitate to take initiatives to take the Group forward, to strive upwards to do twice as much, twice better.
DEDICATION TO PERFORMANCE
We are constantly looking for the best and we constantly evolve.
DISCOVER THE HISTORY
Founded around the Damart brand, the group’s flagship brand established in 1953 out of a textile innovation – the iconic Thermolactyl – Damartex is a young group born out of an ambitious external growth policy. The group has thus developed an integrated business model, a growth vector for its brands.
2021
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1953
The year was marked by the strengthening of Damartex's Healthcare division through the acquisition of three companies.
FEBRUARY 2021
As part of its “Transform To Accelerate – TTA 2.0” transformation plan, the Damartex group announces the acquisition of 62.5% of the shares of Eden Services by Santéol Holding.
JULY 2021
Damartex acquires MSanté, a home health care provider specialising in infusion and nutrition.
NOVEMBER 2021
The Damartex Group announces the acquisition of 100% of the shares of Optimum Médical by the holding company of MSanté. This is a home health care provider (PSAD), also specialising in infusion and nutrition.
Damartex acquired Santéol, a company specialized in the management of patients suffering from chronic or acute breathing disorders (in particular the treatment of the symptom of sleep apnoea).
Following its strategic repositioning, Damartex proceeded with the sale of Jours Heureux.
Damartex acquired the brands :
• 3pagen and Vitrine Magique specialising in the distribution of family and household products and equipment.
• Xandres, Belgium company specialized in the premium textile distribution.
• the Vivadia senior market place, a French company specialising in the distribution of family and household products and equipment.
The brand was closed in 2019
Damartex acquired the Coopers Of Stortford, an English company specialising in the multi-channel distribution of family and household products and equipment.
Damartex purchased Afibel (Afibel & Delaby trading brands), the third largest distance seller of clothing and accessories for seniors in France. Afibel is present in the French, Belgian and British markets.
New International Organization at Group level Consolidating cross-border and support functions.
Damartex purchased La Maison du Jersey, the Group’s brand for elegant ready-to-wear.
Listing of the Damartex Group on the Paris Stock Exchange.
Creation of the Damart trading name with Thermolactyl, the group’s unique thermal underwear and the dispatch of the first mail-order catalogues in France.
GOVERNANCE
- Supervisory board
- Specialised committees
- Appointed auditors
- Management board
Supervisory board
President
Jean Guillaume Despature
Vice-President
Christian Watry *
Members
Anthony Stahl
Marie Bavarel-Despature
Matthieu Despature
Grégoire Devienne
Brand & Retail
Aurélien Barroux
* Independent persons according to the standards of the Middlenext Corporate governance Code
SPECIALISED COMMITTEES
In line with the guidelines of « Corporate Government », The Board of Trustees has two Committees:
– The Audit Committee, composed of three members, is mandated to ensure the relevance and continuity of accounting methods for compiling the accounts. It ensures that internal procedures for the collection and control of information guaranties the accuracy of this information.
– The Compensation & Benefit Committee, composed of two members, is charged with the task of putting forward recommendations on the compensation & benefit policy for board members.
Appointed auditors
Appointed Auditors :
– Ernst & Young & Others
– PwC
MANAGEMENT BOARD
The Management Board’s members are :
President
Patrick Seghin
member
Anne-Sylvie Hubert