Hédiard

Paris store
Inside the Paris store

Hédiard is a French luxury food company. Founded in 1854, it has a main store in Paris and thirty stores around the world.

History

The business was founded in 1854 by Ferdinand Etienne Hédiard as a colonial goods store named Comptoir d'épices et des colonies.[1] It stayed in the family until 1987, when it was acquired by Guinness.[1]

Hédiard was bought by French businessman Jean-Louis Masurel in 1991, and then by Monegasque billionaire Michel Pastor in 1995.[1] It was subsequently acquired by Russian billionaire Sergey Pugachyov in 2007.[1] As of 2013, Hédiard had stores in 30 countries globally.[2]

The company filed for bankruptcy in 2013.[2] Hédiard was then acquired by Do & Co in June 2014.

References

  1. ^ a b c d Laurence Girard, La maison Hédiard attend son sauveur, Le Monde, May 30, 2014
  2. ^ a b French luxury chain Hediard files for bankruptcy, France 24, October 22, 2013
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