February 01, 2015 5:36 AM ET

Internet and Catalog Retail

Company Overview of Pixmania S.A.S.

Company Overview

Pixmania S.A.S. operates as an online retailer of consumer electronic goods in Europe. It offers cameras, camcorders, TV videos, computers, printers, computers and peripherals, scanners, MP3 players, walkmans, radios, mobile phones, and accessories, as well as various other products. Pixmania S.A.S. has collaborators in France, Germany, United Kingdom, Spain, Italy, Portugal, Sweden, Finland, Denmark, Belgium, the Netherlands, Luxembourg, Austria, Switzerland, Ireland, Czech Republic, Greece, Hungary, Poland, Estonia, Latvia, Lithuania, Slovakia, and Slovenia. The company was incorporated in 1989 and is headquartered in Asnières-sur-Seine, France. Pixmania S.A.S. is a former subsidiary of Di...

2-8 rue Sarah Bernhardt

Immeuble O2

CS 50005

Cedex

Asnières-sur-Seine,  92665

France

Founded in 1989

Phone:

33 1 45 01 37 29

Fax:

33 1 45 01 39 13

Key Executives for Pixmania S.A.S.

Chief Executive Officer
Compensation as of Fiscal Year 2014.

Pixmania S.A.S. Key Developments

PIXmania Appoints Luis Krug as New CEO

PIXmania appointed Luis Krug as new CEO by April 1, 2014. Luis Krug contributes his expertise in e-commerce to the realignment of PIXmania. He will concentrate on the further optimization of the B2C-segment of PIXmania. Prior to his new assignment at PIXmania, Luis Krug gained extensive experience in the e-commerce business. In 2000, he founded Electronica24. Afterwards he co-founded the Redcoon Group.

Pixmania Announces Earnings Results for the Year Ended April 30, 2013

Pixmania announced earnings results for the year ended April 30, 2013. For the year the company's underlying sales were £357.5 million against £491.4 million a year ago with like for like sales down 24%. Underlying operating loss was £31.3 million against £15.2 million a year ago.

Dixons to Shut Down Pixmania SA Outlets

Dixons Retail plc decided to shut all of its Pixmania stores while also reducing its online operations. Pixmania is majorly owned by Dixons, and will now have online presence in 14 countries as opposed to the earlier 26. The move is part of the retailer's efforts to turnaround its flagging business; The chain recently closed 10 outlets in France following the closure of 40 outlets in Spain, Portugal and Belgium. A reduction in product offerings to electronics such as tablet computers and cameras and dropping beds, jewelry and baby clothes besides store closures is also in the works.

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