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Fnac farewell to Wake & Games. The distributor of cultural products, a subsidiary of PPR, entered into exclusive negotiations with ïdgroup (Okaïdi, Obaïbi, Jacadi …) for the sale of 41 stores games and edutainment toys Fnac Eveil & Jeux and site Online sales associate. "The reference to the Fnac will quickly disappear from the sign, gives the" Figaro "Margaret Milan, CEO of the subsidiary. Eveil & Jeux notoriety enough to live alone. "

So finished playing for Fnac, which opened its first stores in 1997 Fnac Junior, before acquiring the next year the pioneer of mail-edutainment toys, games & Enlightenment. In 2005, two subsidiaries were combined and renamed the brand.The ensemble, led by Margaret Milan, the founder of Awakening & Games, was managed independently within the Fnac.

This relative independence explains that PPR, which formally announced in February 2009 its desire to disengage from Fnac, has decided to initiate a sales process for specific Awakening & Games.

If the transfer, the amount was not disclosed, go ahead, join ïdgroup Awakening & Games, the leading French ready-to-wear children. Its founder, John Duforest, is a former Camaïeu, which he took over the child activity in 1996. Together with Jean-Luc Souflet, he launched the brand in 2000 Okaïdi, targeting children 0-14 years and two years later Obaïbi, based on 0-5 years.Both brands now have 681 stores, including 347 in France freecreditscore.

A phenomenal success has led leaders to diversify. In 2005, ïdgroup bought Frydman family (former owner of Marionnaud) Jacadi, which has 270 stores, including 117 in France. Ïdgroup, which showed a turnover of 415 million euros in 2009 (but refuses to disclose its findings), also trying to revive a small sign of educational toys and arousal acquired in 2008, called Oxybul.

50% of distance selling

"Both groups will benefit from the expertise specific to each brand, including the qualifications of Internet sales and promoting the network of stores, provide Duforest Jean and Jean-Louis Souflet. "We specialize in multi-channel," says Margaret Milan.Half of the turnover of Fnac Eveil & Games (127 million euros last year) is carried in stores. The other half is done remotely, with 90% on the Internet and only 10% by phone or by mail.

Okaïdi may therefore accelerate the Internet, while awake & Games benefit from the experience of international ïdgroup, present in 60 countries. "Both companies share the same values," says Margaret Milan, delighted to join a group to "work for the awakening and development beneficial to the child," according to its founders.

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It is a ranking Chinese perfectly at ease, quoting Voltaire, Montesquieu, Hugo and the Palace of Versailles, which opened yesterday the forum on cooperation and investment Franco-Chinese organized by MOFCOM (Ministry of Commerce of the People's Republic), the France-China Chamber of Commerce and Industry of Paris.

Wu Bangguo, chairman of the Standing Committee of National People's Congress of China, which was received late yesterday afternoon by President Sarkozy is on an official visit in France until July 14 to seal the reconciliation between Paris and Beijing. Accompanied by more than one hundred business leaders, he will also travel to Lyon, Bordeaux and Marseille.

Forgot the Dalai Lama, forgotten criticism on human rights. Place business.But behind the smiles, Wu Bangguo, who also prepares the programmed displacement of Chinese President Hu Jintao in France before the end of the year, has three messages to convey.

For Westerners who criticize the Chinese to keep their currency, the yuan, undervalued to help their exporters, the Speaker said that his country, despite its tremendous growth, is not rich. "Some of my foreign friends asked me even though China was still a developing country," he joked before answering: "China is and will long remain in the primary stage of socialism."

Market economy

The income gap between cities and countryside, 10 million peasants that break every year in cities, the backlog in education, health care, social security are challenges ahead."The prosperity we have achieved is still a low level of prosperity, incomplete and unbalanced. 150 million people live on less than a dollar a day, "says Wu.

China is also lagging behind technologically, insists the chairman of the Assembly. His "independent innovation capacity is still insufficient," he says to make it clear that if France has invested in some 4000 projects on site, the "great economic power has, in turn, of obvious advantages in science, technology, human resources, management and marketing "and it is time extending them to Chinese.

This great power, said Wu Bangguo, should also be the messenger of China in Europe.Beijing was "with a functioning market economy, marked by greater protection of intellectual properties," says the chairman of the Assembly. "The general level of tariffs has increased from 15.3% in 2002 to 9.8% in 2010." China is a member of the WTO (World Trade Organization). It is therefore necessary that the European Union "as soon as possible recognize the market economy status," says number two China.A statute that the President of the European Parliament, Jerzy Buzec, still does not want to hear.

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A new face to face. And this, for the third time since 2001. Airbus and Boeing had 14 hours until today to submit their proposals to the Pentagon to get the first installment of the fabulous contract renewal of the fleet of tankers U.S.. Or 179 tankers for about 40 billion dollars out of a total of over 400 aircraft in exchange for a check of more than 100 billion dollars.

The two rivals have delivered boxes and boxes of documents 8800 pages for EADS Air Force Base Wright-Patterson U.S. Air Force in Ohio. The Pentagon said it would issue its final decision on Nov. 12, after the midterm elections in Congress. Contrary to some rumors, there was no third deposit offer from the Ukrainian Antonov.

The ultimate battle for the tanker has begun.Airbus (2008) and Boeing (2003) have each won once this contract before it is canceled. In March, EADS had been forced to throw in the towel after the abandonment because of "biased competition" in favor of Boeing Northrop, its American ally at the time.

Convinced that his offer and his plane are the best and deal with the Pentagon's commitment to open competition "fair and transparent," Louis Welsh, president of EADS, has decided to descend into the arena. EADS proposes the KC-45, a military derivative of the long-haul A330. This unit has successfully completed numerous flight tests and has won every competition in the world including in Britain and Australia with two KC-45 must be delivered by the end of Payday Advance.Facing him, a derivative competes with Boeing's Military B 767, a paper airplane that does not exist yet.

48,000 jobs

EADS has provided a list of its 200 U.S. allies including some key partners for the militarization of the aircraft. Among them, the first is Rockwell Collins, a specialist in avionics and electronics, as announced by the letter AeroDefenseNews. This group of 4.5 billion dollars in sales, is a longtime supplier to Boeing and its … B767! Rockwell Collins provides the avionics include weather radar and the B 767-200. But it is also an expert in military electronics, which are sensitive equipment aboard the C-130 transport aircraft from Lockheed and the KC-135 Boeing.GE Aviation, Honetwell, Hamilton Sundstrand, Goodrich or agreed to engage behind EADS which the Pentagon has recognized as prime contractor (prime contractor). If its bid is successful, EADS to build an assembly plant in Mobile, Alabama. He believes that his project will create 48,000 direct and indirect jobs with the outsourcing to the United States.

EADS Has a chance to win and achieve the American breakthrough he has been waiting long? Many questioned both the military contracts are in final political decision. The price will determine the Pentagon said, putting pressure on the two groups. EADS has already said he would not take a contract loss

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Hard times for cement? This seems to believe the stock exchange operators on Wednesday. Every sector is affected by falls in Europe. The Stoxx Construction Materials lost 1.08% to 2550 points. This is the largest sectoral decline in Europe. A wind blowing across the cement concern since the Irish HRC issued a warning on its sales in 2010.

The Irish group announced Wednesday that its sales in 2010 would be affected more severely than expected by the consequences of fiscal consolidation in the euro area and slowing the pace of recovery in the United States. The penalty is immediate Dublin Stock Exchange: securities lost 8.76% to 15.62 euros to 10.40.

Meanwhile in Paris, his rival Lafarge signs the worst performance of the CAC 40.Titles unleash 3.32% to 40.18 euros on a market down by 1.55%.

Bond issue

Furthermore, the stock reacts to the bond issue launched by the French cement. Lafarge announced on Wednesday will raise 550 million dollars (about 437 million euros) from an "institutional investors in the United States. The program will last five years and will focus on a fixed coupon of 5.5%.

The funds raised are expected to refinance part of the group's debt, which on 31 March, amounted to 14.58 billion euros. The settlement and issuance of bonds are scheduled for July 9, 2010.

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Enshrined in the Mediterranean Solar Plan (SMP), Transgreen aims to channel a portion of the solar and wind energy produced in Africa to Europe by 2020. Its objective is to export 5 gigawatts (GW) of renewable electricity on a total of 20 gigawatts produced on the south shore of the Mediterranean. An investment of 8 billion euros granted to the future network in addition to 40 billion euros from the Mediterranean Solar Plan devoted to the production of this green energy.

Jean-Louis Borloo Transgreen is the "Union for the Mediterranean for real", a concrete infrastructure that prevails "on the institutional" and he does not hesitate to compare the ECSC, European Coal and Steel Community, the fathers of Europe.While strengthening North-South cooperation, the project will, according to the minister, not only to reduce emissions of greenhouse gases, contribute to European energy security but also ensure access to electricity Africa, a prerequisite to economic development. Transgreen could create over 150,000 jobs and increase of 10% electricity production in North Africa.

Thirteen companies and institutions (including the Deposit) founded the renowned consortium Transgreen. Led by EDF, the partnership remains open to new participants. With a modest budget 2-3000000 euros, the consortium will coordinate the efforts of investors.One of the most complex tasks will be to address regulatory and policy paving the way for the purchase by the countries of the EU electricity produced in Africa under conditions profitable for all partners.

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The boss of General Electric has no language in his pocket! Jeffrey Immelt said during a dinner meeting today that China's most difficult business conditions for 25 years, the Financial Times. The leader has warned that the group he leads plans to pursue opportunities in other countries.

The British business daily said that Jeffrey Immelt has also made remarks unkind towards the Obama administration, he blames the poisonous climate in the United States. It is also concerned that regulatory changes desired by the White House have a negative impact on the fragile recovery in the United States.

But General Electric said that the remarks attributed to Jeffrey Immelt do not reflect the opinions of the group. The U.S. giant has also said that the leader was speaking at a private dinner.

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Those who doubted the success of the Romanian Dacia brand will be surprised. According to figures released Thursday by the Committee of French, the low cost subsidiary of Renault saw its sales jumped to a whopping 95.8% in June in France. The performance is even more significant than the same period, the automotive sector is down 1.2% in raw data. Last month, 12,075 Romanian brand models were sold in France.

This success allowed Renault to back off in a market increasingly weighed down by the end of the car scrapping. The brand with the diamond cash down 1% of its sales in June against a decline of 5.6% for its eternal rival PSA Peugeot Citroen. Without Dacia, Renault made a performance less significant: -111% of registration last month against 4.1% for the Peugeot brand.

More broadly, the French experience a decrease of 7.9% of their sales. While abroad Nissan (+24.2%) and GM Europe (+21.2%) are doing well.

A good first half

Throughout the first half, however, sales were up 5.4% thanks to good figures at the beginning of the year. In the first quarter, the premium had already broken down, but the manufacturers had assured compensation. Result: the market had increased by 16.9%.

Scrappage EUR 500

According to BFM, the prospects are not reassuring. In the second half, the reduction would be 20%. Nevertheless, the number of cars sold would be even higher CUX 2007 and 2008. For the full year 2010, the decline would be 10%.

The market expected a backlash over the second half of the year.The July 1 heralds a new drop in scrap bonus which amounts to 700 euros to 500 euros. More government aid declining, manufacturers are less able to compensate. In Europe, the example of Germany left pointing to an already difficult year-end. The country, which ended the scrappage scheme in September 2009, showed a slump of 34% of registrations in the month of May.

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