MIRA INFORM REPORT

Report Date :

20.03.2013

IDENTIFICATION DETAILS

Name :	CIE EUROPEENNE DE LA CHAUSSURE

Registered Office :	Stock Chaussures, 28 Av De Flandre, 75019 Paris 19

Country :	France

Financials (as on) :	31.08.2010

Date of Incorporation :	August 1997

Com. Reg. No.:	RCS Paris 9 413 156 795

Legal Form :	Public limited company with board of directors

Line of Business :	Retail trade of footwear

No. of Employees :	2 000 to 4 999 employees

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – June 30^th, 2012

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

France

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

France - ECONOMIC OVERVIEW

France was transitioning from an economy that has featured extensive government ownership and intervention to one that relies more on market mechanisms but is in the midst of a euro-zone crisis. The government has partially or fully privatized many large companies, banks, and insurers, and has ceded stakes in such leading firms as Air France, France Telecom, Renault, and Thales. It maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 75 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011. The unemployment rate increased from 7.4% in 2008 to 9.3% in 2010 and 9.1% in 2011. Lower-than-expected growth and increased unemployment have cut government revenues and increased borrowing costs, contributing to a deterioration of France's public finances. The government budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 5.8% of GDP in 2011, while France's public debt rose from 68% of GDP to 86% over the same period. Under President SARKOZY, Paris implemented austerity measures that eliminated tax credits and froze most government spending in an effort to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt levels. Socialist Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, as well as measures such as forcing banks to separate their traditional deposit taking and lending activities from more speculative businesses, increasing taxes on bank profits, introducing a new top bracket on income taxes for people earning over €1 million ($1.3 million) a year, and hiring an additional 60,000 civil servants during his five-year term of office.

Source : CIA

Name

CIE EUROPEENNE DE LA CHAUSSURE

SIRET

413 156 795 00010

company summary

Trade name	LA HALLE O CHAUSSURES
		EUR VAT Number	FR32413156795
Activity (APE)	Commerce de dÃ©tail de la chaussure (4772A)	Legal form	Public limited company with board of directors
Phone	01 42 09 52 77	RCS Registration	RCS Paris 9 413 156 795
Fax	09 56 33 63 41	Share capital	40,589,551 Euros
Address	CIE EUROPEENNE DE LA CHAUSSURE STOCK CHAUSSURES 28 AV DE FLANDRE 75019 PARIS 19	Incorporated Date	08/1997
Nationality	France	Status	Economically active

No social security and tax office preferential right to date

	Ultimate Holding Company
	Company Name			Company number
	CHARTERHOUSE NOVA II			B124319

Current Directors

Trading to Date	08/31/2010	08/31/2009	08/31/2008
Turnover	731,243,925 €	716,535,218 €	707,594,058 €
Gross Operating Surplus	19,65 % Turnover	19,53 % Turnover	18,93 % Turnover
Shareholdersâ€™ equity	135,230,164 €	129,765,904 €	119,039,511 €
Net result	65,353,093 €	65,022,998 €	54,628,834 €
Employees	2 000 to 4 999 employees	-	-

	Trends
	Profitability
	Liquidity
	Net worth

Employee profit sharing (IX)

			31/08/2010		31/08/2009		31/08/2008
	Employee profit sharing (Total IX)	HJ	5Â 155Â 499	-16,1%	6Â 146Â 138	-10,2%	6Â 845Â 670

Tax on profits (X)

			31/08/2010		31/08/2009		31/08/2008
	Tax on profits (Total X)	HK	33Â 881Â 631	4,0%	32Â 592Â 147	13,9%	28Â 605Â 972

References

		31/08/2010		31/08/2009		31/08/2008
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	2Â 502Â 065	85,2%	1Â 350Â 826	-10,4%	1Â 507Â 123
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	5Â 742Â 244	0%	0
Of which royalties on licences and patents (charges)	A4	5Â 500Â 303	0%	0	0%	5Â 503Â 317

Other incomer tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

		31/08/2010		31/08/2009		31/08/2008
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	9Â 371Â 000	6,1%	8Â 835Â 000	0%	0
Gross value at the end of period	OL	311Â 131Â 000	6,2%	292Â 901Â 000	0%	0

Research and development Charge (Total I)

		31/08/2010		31/08/2009		31/08/2008
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/08/2010		31/08/2009		31/08/2008
Gross value at begin of period	KD	30Â 436Â 000	6,0%	28Â 707Â 000	0%	0
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	1Â 839Â 000	-43,3%	3Â 241Â 000	0%	0
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	1Â 027Â 000	-32,1%	1Â 512Â 000	0%	0
Gross value at the end of period	LW	31Â 248Â 000	2,7%	30Â 436Â 000	0%	0

Tangible fixed assets (Total III)

		31/08/2010		31/08/2009		31/08/2008
Gross value at begin of period	LN	256Â 499Â 000	9,0%	235Â 239Â 000	0%	0
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	25Â 583Â 000	-9,7%	28Â 331Â 000	0%	0
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	7Â 726Â 000	9,3%	7Â 071Â 000	0%	0
Gross value at the end of period	NH	274Â 356Â 000	7,0%	256Â 499Â 000	0%	0

Fiancial assets (Total IV)

		31/08/2010		31/08/2009		31/08/2008
Gross value at begin of period	LQ	5Â 966Â 000	1,5%	5Â 880Â 000	0%	0
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	179Â 000	-47,0%	338Â 000	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	618Â 000	145,2%	252Â 000	0%	0
Gross value at the end of period	NK	5Â 527Â 000	-7,4%	5Â 966Â 000	0%	0

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/08/2010		31/08/2009		31/08/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/08/2010		31/08/2009		31/08/2008
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/08/2010		31/08/2009		31/08/2008
	Reserve for depreciation value at begin of period	PE	1Â 818Â 000	604,7%	258Â 000	0%	0
Increases		PF	1Â 327Â 000	205,1%	435Â 000	0%	0
Decreasess		PG	443Â 000	0%	0	0%	0
	Decreasess by budget item transfer	PH	2Â 702Â 000	289,9%	693Â 000	0%	0

Total fixed assets amotisation (Total III)

			31/08/2010		31/08/2009		31/08/2008
	Reserve for depreciation value at begin of period	QU	153Â 467Â 000	22,1%	125Â 643Â 000	0%	0
Increases		QV	32Â 746Â 000	3,6%	31Â 612Â 000	0%	0
Decreases		QW	5Â 998Â 000	47,7%	4Â 062Â 000	0%	0
	Decreasess by budget item transfer	QX	180Â 215Â 000	17,6%	153Â 193Â 000	0%	0

Movements during period affecting charge allocated over several period
Charges Ã rÃ©partir ou frais d'Ã©mission d'emprunt

			31/08/2010		31/08/2009		31/08/2008
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/08/2010		31/08/2009		31/08/2008
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/08/2010		31/08/2009		31/08/2008
	Value at begining of period	7C	21Â 074Â 000	-15,2%	24Â 850Â 000	0%	0
Increases		UB	7Â 788Â 000	-32,6%	11Â 563Â 000	0%	0
Decreases		UC	8Â 582Â 000	-38,4%	13Â 940Â 000	0%	0
	Value at the end of period	UD	20Â 280Â 000	-9,8%	22Â 473Â 000	0%	0

Includes Total allocations

Operating	UE	5Â 417Â 000	-35,3%	8Â 369Â 000	0%
Financial	UG	164Â 000	0%	0	0%
Exceptional	UJ	2Â 207Â 000	-30,9%	3Â 194Â 000	0%

Includes Total Withdrawal

Operating	UF	6Â 337Â 000	-43,4%	11Â 204Â 000	0%
Financial	UH	0	0%	0	0%
Exceptional	UK	2Â 245Â 000	-17,9%	2Â 736Â 000	0%

Total regulated provisions (Total I)

			31/08/2010		31/08/2009		31/08/2008
	Value at begining of period	3Z	7Â 790Â 000	9,6%	7Â 106Â 000	0%	0
Increases		TS	1Â 903Â 000	-6,6%	2Â 037Â 000	0%	0
Decreases		TT	1Â 780Â 000	31,6%	1Â 353Â 000	0%	0
	Value at the end of period	TU	7Â 913Â 000	1,6%	7Â 790Â 000	0%	0

Total risk and charge provisions (Total II)

			31/08/2010		31/08/2009		31/08/2008
	Value at begining of period	5Z	5Â 301Â 000	1,6%	5Â 215Â 000	0%	0
Increases		TV	812Â 000	-57,5%	1Â 912Â 000	0%	0
Decreases		TW	2Â 646Â 000	44,9%	1Â 826Â 000	0%	0
	Value at the end of period	TX	3Â 467Â 000	-34,6%	5Â 301Â 000	0%	0

Total Provision for depreciation (Total III)

			31/08/2010		31/08/2009		31/08/2008
	Value at begining of period	7B	7Â 983Â 000	-36,3%	12Â 529Â 000	0%	0
Increases		TY	5Â 073Â 000	-33,4%	7Â 614Â 000	0%	0
Decreases		TZ	4Â 156Â 000	-61,4%	10Â 761Â 000	0%	0
	Value at the end of period	UA	8Â 900Â 000	-5,1%	9Â 382Â 000	0%	0

State deadlines claims and debts at the end of period
State claims

		31/08/2010		31/08/2009		31/08/2008
Gross value	VT	46Â 165Â 000	0%	0	0%	0
1 year at most	VU	40Â 648Â 000	0%	0	0%	0
More than one year	VV	5Â 517Â 000	0%	0	0%	0

State of loans

		31/08/2010		31/08/2009		31/08/2008
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	5Â 000	0%	0	0%	0
Loans (1 year at most)	UR	5Â 000	0%	0	0%	0
Other financial assets (gross)	UT	5Â 517Â 000	0%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/08/2010		31/08/2009		31/08/2008
Customers doubtful or disputed	VA	314Â 000	0%	0	0%	0
Other claims customer	UX	7Â 015Â 000	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	439Â 000	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	5Â 115Â 000	0%	0	0%	0
Other taxes and payments assimilated	VN	3Â 031Â 000	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	14Â 575Â 000	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	1Â 847Â 000	0%	0	0%	0

Prepaid

			31/08/2010		31/08/2009		31/08/2008
	Prepaid	VS	8Â 307Â 000	0%	0	0%	0

State Debt

			31/08/2010		31/08/2009		31/08/2008
	Total debt (gross)	VY	211Â 881Â 000	0%	0	0%	0
1 year at most		VZ2	197Â 137Â 000	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	14Â 744Â 000	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/08/2010		31/08/2009		31/08/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	450Â 000	0%	0	0%	0
1 year at most		VG2	450Â 000	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	10Â 856Â 000	0%	0	0%	0
1 year at most		8A2	989Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8A3	9Â 867Â 000	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	132Â 158Â 000	0%	0	0%	0
1 year at most		8B2	132Â 158Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8B3	132Â 158Â 000	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	17Â 263Â 000	0%	0	0%	0
1 year at most		8C2	12Â 386Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8C3	4Â 877Â 000	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	9Â 541Â 000	0%	0	0%	0
1 year at most		8D2	9Â 541Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	8Â 532Â 000	0%	0	0%	0
1 year at most		8E2	8Â 532Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	2Â 038Â 000	0%	0	0%	0
1 year at most		VW2	2Â 038Â 000	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	18Â 568Â 000	0%	0	0%	0
1 year at most		VQ2	18Â 568Â 000	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	9Â 884Â 000	0%	0	0%	0
1 year at most		8J2	9Â 884Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0	0%	0
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	2Â 568Â 000	0%	0	0%	0
1 year at most		8K2	2Â 568Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	23Â 000	0%	0	0%	0
1 year at most		8L2	23Â 000	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/08/2010		31/08/2009		31/08/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

			31/08/2010		31/08/2009		31/08/2008
	Dividends	ZE	0	0%	0	0%	0

Commitments

		31/08/2010		31/08/2009		31/08/2008
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/08/2010		31/08/2009		31/08/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/08/2010		31/08/2009		31/08/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/08/2010		31/08/2009		31/08/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

			31/08/2010		31/08/2009		31/08/2008
	Average number of employees	YP	3Â 834	1,9%	3Â 761	0%	0

Groups and Shareholders

			31/08/2010		31/08/2009		31/08/2008
	Groups and Shareholders	ZR	0	-	0

Ratios

Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

	31/08/2010		31/08/2009		31/08/2008	Sector Median2010
Fixed Asset Financing	1,07	0%	1,07	1,9%	1,05	1,45	-26,2%
Global Debt	104 days	-3,7%	108 days	-9,2%	119 days	172 days	-39,5%
Working Capital Fund overall net	11 days	10,0%	10 days	42,9%	7 days	60 days	-81,7%
Financial independence	30045,21%	400,2%	6007,05%	-50,1%	12032,69%	127,47%	23470,4%

Solvability	38,57%	4,0%	37,10%	11,4%	33,29%	28,31%	36,2%
Capacity debt futures	30051,15%	-	%	-	%	758,49%	3862,0%
Coverage of current assets by net working capital overall	9,58%	0,2%	9,56%	43,5%	6,66%	39,32%	-75,6%
General Liquidity	0,21	-		-		0,07	200%
Restricted Liquidity	0,24	-		-		0,26	-7,7%

Management or rotation

	31/08/2010		31/08/2009		31/08/2008	Sector Median2010
Need background in operating working capital	4 days	33,3%	3 days	200%	-3 days	26 days	-84,6%
Treasury	3 days	50,0%	2 days	-50,0%	4 days	1 days	200%
Inventory turnover of goods	212 days	-2,3%	217 days	-0,5%	218 days	198 days	7,1%
Average length of credit granted to customers	4 days	33,3%	3 days	0%	3 days	0 days	0%
Average length of credit obtained suppliers	104 days	4,0%	100 days	-7,4%	108 days	52 days	100%

Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	400,50 days	-
Rotation tangible assets	266,53%	-4,6%	279,35%	-	%	729,43%	-63,5%

Profitability of the business

	31/08/2010		31/08/2009		31/08/2008	Sector Median2010
Margin trading	56,87%	1,3%	56,15%	1,9%	55,09	41,64%	36,6%
Profitability of the business	19,65	0,6%	19,53	3,2%	18,93	4,74%	314,6%
Net profit	8,94%	-1,4%	9,07%	17,5%	7,72%	2,37%	277,2%

Growth rate of turnover (excluding VAT)	2,05%	62,7%	1,26%	1150,0%	-0,12%	1,08%	89,8%
Rates integration	37,52%	1,2%	37,09%	4,7%	35,41%	26,02%	44,2%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	42,40%	-0,9%	42,79%	3,4%	41,40%	73,11%	-42,0%
Weight interests	0,19	-9,5%	0,21%	-65,0%	0,60%	0,58%	-67,2%

Return on capital

	31/08/2010		31/08/2009		31/08/2008	Sector Median2010
Cash flow from the overall profitability	12,74%	7,2%	11,88%	-5,6%	12,59%	3,87%	229,2%
Rates of economic profitability	98%	7,7%	91%	3,4%	88%	11%	790,9%
Financial profitability	135230164%	4,2%	129765904%	9,0%	119039511%	11451%	1180846,3%
Return on investment	45,57%	5,9%	43,03%	11,5%	38,58%	7,74%	488,8%

Soldes IntermÃ©diaires de Gestion

	31/08/2010		31/08/2009		31/08/2008	Sector Median2010
Turnover	731Â 243Â 925	2,1%	716Â 535Â 218	1,3%	707Â 594Â 058	272Â 326 €	268417,9%

Sales of goods	728Â 367Â 886	2,1%	713Â 735Â 074	1,3%	704Â 652Â 629
- Purchase of goods	309Â 113Â 201	0,4%	307Â 956Â 530	1,3%	303Â 998Â 801
+/- Stock of goods variation	3Â 385Â 321	-0,9%	3Â 415Â 908	-68,5%	10Â 840Â 543
Trading margin	415Â 869Â 364 €	3,4%	402Â 362Â 636 €	3,2%	389Â 813Â 285 €	110Â 978,50 €	374629,7%
	56,87 % CA	1,3%	56,15 % CA	1,9%	55,09 % CA	41,74 % CA	36,2%

Sale of goods produced	2Â 876Â 039	2,7%	2Â 800Â 144	-4,8%	2Â 941Â 429
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	2Â 876Â 039 €	2,7%	2Â 800Â 144 €	-4,8%	2Â 941Â 429 €	0 €	0%
	0,39 % CA	0%	0,39 % CA	-7,1%	0,42 % CA	0 % CA	0%

Trading margin	415Â 869Â 364	3,4%	402Â 362Â 636	3,2%	389Â 813Â 285	110Â 978,50	374629,7%
+ Period Production	2Â 876Â 039	2,7%	2Â 800Â 144	-4,8%	2Â 941Â 429	0	0%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	144Â 391Â 897	3,6%	139Â 422Â 358	-2,0%	142Â 222Â 838
Added value	274Â 353Â 506 €	3,2%	265Â 740Â 422 €	6,1%	250Â 531Â 876 €	73Â 307,50 €	374150,3%
	37,52 % CA	1,2%	37,09 % CA	4,7%	35,41 % CA	26,01 % CA	44,3%

Added value	274Â 353Â 506 €	3,2%	265Â 740Â 422 €	6,1%	250Â 531Â 876 €	73Â 307,50 €	374150,3%
+ Operating grants	906Â 735	35,3%	670Â 220	232,2%	201Â 758
- Tax, duty and similar payments	15Â 230Â 866	19,4%	12Â 758Â 004	-2,5%	13Â 080Â 120
- Personal charges	116Â 336Â 751	2,3%	113Â 722Â 331	9,6%	103Â 721Â 735
Gross operating surplus	143Â 692Â 624 €	2,7%	139Â 930Â 307 €	4,5%	133Â 931Â 779 €	12Â 567,50 €	1143266,8%
	19,65 % CA	0,6%	19,53 % CA	3,2%	18,93 % CA	4,72 % CA	316,3%

Gross operating surplus	143Â 692Â 624 €	2,7%	139Â 930Â 307 €	4,5%	133Â 931Â 779 €	12Â 567,50 €	1143266,8%
+ Release of reserves and provisions	8Â 840Â 061	-29,6%	12Â 555Â 251	22,9%	10Â 219Â 922
+ Other operating income	241Â 774	77,5%	136Â 236	-16,4%	163Â 052
- Depreciation/Amortisation	37Â 175Â 053	-6,0%	39Â 547Â 878	3,1%	38Â 365Â 201
- Other charges	7Â 533Â 276	-2,5%	7Â 730Â 225	7,9%	7Â 161Â 201
Operating result	108Â 066Â 130 €	2,6%	105Â 343Â 691 €	6,6%	98Â 788Â 351 €	9Â 331 €	1158040,9%
	14,78 % CA	0,5%	14,70 % CA	5,3%	13,96 % CA	3,46 % CA	327,2%

Operating result	108Â 066Â 130 €	2,6%	105Â 343Â 691 €	6,6%	98Â 788Â 351 €	9Â 331 €	1158040,9%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	44Â 759	4718,0%	929	75,0%	531
- Financial charges	1Â 422Â 563	-3,4%	1Â 471Â 905	-65,3%	4Â 236Â 814
Pre-tax result	106Â 688Â 326 €	2,7%	103Â 872Â 715 €	9,9%	94Â 552Â 068 €	7Â 029 €	1517730,8%
	14,59 % CA	0,6%	14,50 % CA	8,5%	13,36 % CA	2,57 % CA	467,7%

Extraordinary income	4Â 265Â 088	-26,8%	5Â 829Â 914	179,6%	2Â 085Â 071	0	0%
- Extraordinary charges	6Â 563Â 191	10,5%	5Â 941Â 346	-9,4%	6Â 556Â 668
Extraordinary result	-2Â 298Â 103 €	-1962,3%	-111Â 432 €	97,5%	-4Â 471Â 597 €	0 €	0%
	-0,31 % CA	-1450,0%	-0,02 % CA	96,8%	-1 % CA	0 % CA	0%

Pre-tax result	106Â 688Â 326 €	2,7%	103Â 872Â 715 €	9,9%	94Â 552Â 068 €	7Â 029 €	1517730,8%
Extraordinary result	-2Â 298Â 103 €	-1962,3%	-111Â 432 €	97,5%	-4Â 471Â 597 €	0 €	0%
- Employee profit sharing	5Â 155Â 499	-16,1%	6Â 146Â 138	-10,2%	6Â 845Â 670
- Tax on profits	33Â 881Â 631	4,0%	32Â 592Â 147	13,9%	28Â 605Â 972
Net result	65Â 353Â 093 €	0,5%	65Â 022Â 998 €	19,0%	54Â 628Â 829 €	6Â 571,50 €	994392,8%
	8,94 % CA	-1,4%	9,07 % CA	17,5%	7,72 % CA	2,35 % CA	280,4%

judgements

Collective procedures

No judgment information for the company

Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Summary of preferential rights

Company monitored since	05/12/2007
Status of Monitoring	No social security and tax office preferential right to date

Tax office preferential rights

Number of active preferential rights	0
Total amount	-
Due remaining amount	-
Date of last preferential right	-

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

40400236

28/01/2004

28/01/2008

RECEVEUSE REGIONALE DESDOUANES

1Â 406Â 438 EUR

Reason for closure	Void
Court	Paris
Creditor	RECEVEUSE REGIONALE DESDOUANES 18-22 RUE DE CHARONNE DNRED 75528, PARIS CEDEX 11
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41005742

27/10/2010

21/11/2011

DIRECTION DES GRANDES ENTREPRISES

264Â 460 EUR

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41105927

17/11/2011

14/05/2012

DIRECTION DES GRANDES ENTREPRISES

286Â 847 EUR

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41204681

18/10/2012

06/11/2012

DIRECTION DES GRANDES ENTREPRISES

17Â 404 EUR

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

Group data ltimate parent company	CHARTERHOUSE NOVA II
Direct parent	VIVARTE - 99.99 %
Group â€“ Number of companies	80
Linkages â€“ Number of companies	-
Number of countries	-

Company Name	SIREN	Parts	Last account published
CHARTERHOUSE NOVA II	B124319	-	31/12/2011
NOVARTEX	492273438	100%	31/08/2010
FINARTEX	492273321	100%	31/08/2011
NOVARTE	443470638	100%	31/08/2010
VIVARTE	308449024	100%	31/08/2009
KOOKAI	399292994	99.99%	31/08/2011
KOL	401181490	34.98%	31/08/2011
KOOKAI LUXEMBOURG S.A.	B52114	100%	-
KOOKAÃ IBERIA	-	100%	-
SCI LOCAFLANDRE	384765863	49%	-
SC DES DUNES	394253819	50%	31/12/2010
SC LA FRANCAISE	394253264	50%	-
SMC SERVICES	432713063	99.76%	31/08/2010
VIVARTE MODA	775344	100%	31/08/2009
FOSCO	-	100%	-
FOSCO SAPATOS	-	100%	-
MERKAL CALZADOS	84154	100%	-
MINELLI SA	413157306	88.09%	31/08/2010
CREEKS INTERNATIONAL LTD	-	100%	-
VIVARTE SERVICES	413157090	99.76%	31/08/2010
SC DES SALINES	394253959	50%	-
FINANCIERE DE FLANDRE	415177062	99.90%	31/08/2010
BESSON CHAUSSURES	304318454	99.99%	31/08/2010
LA HALLE HUNGARIA	-	100%	-
LA HALLE 1973	-	96.66%	-
LA HALLE BUDAFOK	-	96.66%	-
LA HALLE KISPEST	-	96.66%	-
LA HALLE FOT	-	96.66%	-
LA HALLE 1961	-	96.66%	-
MOSQUITOS	483620464	100%	31/08/2010
PARTI PRIX SPORT SAS	609200977	100%	31/08/2011
SC LES BAS CHAMPS	394253710	50%	-
PATAUGAS	439859299	99.99%	31/08/2010
ACCESSOIRE DIFFUSION	483620522	100%	31/08/2011
HALLE CESKA SRO	-	100%	-
ANAIS	382481984	99.99%	31/08/2011
NAF NAF	300345808	100%	31/08/2010
NAF NAF GROUP LIMITED	-	100%	-
NAF NAF BOUTIQUES LIMITED	-	100%	-
NAF NAF INTERNATIONAL BV	-	100%	-
NAF NAF DISTRIBUTION BV	-	100%	-
NAF NAF DEUTSCHLAND GMBH	-	100%	-
NAF NAF HOLDING BV	-	100%	-
NAF NAF BOUTIQUES BV	-	100%	-
LOGISTIQUE NC SNC	389177353	100%	31/08/2010
NCK ESPAGNE S.A.	-	100%	-
NAF NAF ESPAGNE BOUTIQUE	-	99.74%	-
ETABLISSEMENTS CHARLES CHE...	316643170	99.84%	31/08/2010
NNCK ITALIA SPA	-	99.98%	-
NCS HELLAS SA	-	80%	-
NAF NAF BELGIQUE SA	-	99.60%	-
NAF NAF BOUTIQUES BELGIQUE	-	100%	-
DAVOUTH GMBH	-	100%	-
PARC DE COQUELLES	348281965	50%	31/12/2011
LA HALLE	413151739	69.45%	31/08/2010
SNC FLANDRE SOISSONS	378913131	70%	31/12/2010
SAN MARINA	321875205	99.99%	31/08/2010
COSMOPARIS	352975056	99.80%	31/08/2010
SAMAP LDA	-	99.99%	-
SAN MARINA BELGIQUE EXPANSION	-	99.99%	-
VIVARTE MANAGEMENT SERVICES	424171759	99.76%	31/08/2011
COMPAGNIE VOSGIENNE DE LA CH...	662044098	99.99%	31/08/2011
CAROLL INTERNATIONAL	582001707	99.88%	31/08/2010
CAROLL IBERIA	177314	100%	-
CAROLL PORTUGAL	-	100%	-
CAROLL INTERNATIONAL SUISS...	4624480	100%	-
CAROLL JAPON CO.LTD	-	64.70%	-
CREEKS FAR EAST LTD	-	100%	-
HALLE AUX CHAUSSURES	-	100%	-
ANDRÃ‰ INTERNATIONAL BV	-	100%	-
ANDRÃ‰ HONG KONG BUYING OFFICE	-	100%	-
EUROPEENNE DE NEGOCE ANDRE	378700819	99.76%	31/08/2010
ANDRE SA	413156969	99.99%	31/08/2011
CIE EUROPEENNE DE LA CHAUSSU...	413156795	99.99%	31/08/2010
VIVARTE POLSKA	-	100%	-
DEFI MODE S.A.S.	440916351	100%	31/08/2011
BERYL	484190806	100%	31/08/2010
JOLICUIR	507492585	100%	31/08/2010
JOLIEMAILLE	-	100%	-
VIVARTE HOLDING SUISSE SA	142544	100%	-

Linkages

Ultimate parent company	CHARTERHOUSE NOVA II
Direct parent	VIVARTE - 99.99 %
Group â€“ Number of companies	80
Linkages â€“ Number of companies	-
Number of countries	-

No linked companies

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
08/03/2013	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1353 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : nomination du Directeur gÃ©nÃ©ral dÃ©lÃ©guÃ© : Merlet, Franck. Capital : 40589551 EUR. ActivitÃ© : . Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
16/02/2013	JAL	Appointment of the social representative

Affiches parisiennes (Les) Date de dÃ©cision : 08/02/2013 SociÃ©tÃ© faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 NominÃ© : Monsieur Franck MERLET, 43390 ST HILAIRE
06/02/2013	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2290 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : Administrateur partant : Buffard, Claude, nomination de l'Administrateur : ANAIS reprÃ©sentÃ© par du Temple de Rougemont AlbÃ©ric Adresse : 5 rue Mesnil 75116 Paris. Capital : 40589551 EUR. ActivitÃ© : . Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration et le reprÃ©sentant permanent.
08/01/2013	JAL	Appointment of the social representative

Affiches parisiennes (Les) Date de dÃ©cision : 21/12/2012 SociÃ©tÃ© faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 NominÃ© : 382481984 - ANAIS, 27 QUAI DE LA SEINE, 27-29, 75019 PARIS 19 En la fonction de : Administrateur
08/01/2013	JAL	Resignation / Revocation of the social representative

Affiches parisiennes (Les) Date de dÃ©cision : 21/12/2012 La sociÃ©tÃ© 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du dÃ©part de Monsieur Claude BUFFARD
23/04/2012	Bodacc C	Comptes annuels et rapports

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 10835 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2010.
28/02/2012	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1356 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : Commissaire aux comptes titulaire partant : CONSTANTIN ASSOCIES, nomination du Commissaire aux comptes titulaire : DELOITTE ET ASSOCIES, Commissaire aux comptes supplÃ©ant partant : Bonhomme, Michel, nomination du Commissaire aux comptes supplÃ©ant : beas. Capital : 40589551 EUR. ActivitÃ© : . Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
16/02/2012	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1151 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : nomination du PrÃ©sident du conseil d'administration et Directeur gÃ©nÃ©ral : Teti, Nicola, Administrateur partant : EUROPEENNE DE NEGOCE ANDRE OU E.N.A reprÃ©sentÃ©e par FRERET JEAN-PAUL FERDINAND, modification de l'Administrateur Buffard, Claude. Capital : 40589551 EUR. ActivitÃ© : . Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
24/01/2012	JAL	Appointment of the social representative

Affiches parisiennes (Les) Date de dÃ©cision : 04/01/2012 SociÃ©tÃ© faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 NominÃ© : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : PrÃ©sident du Conseil d'Administration NominÃ© : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : Administrateur NominÃ© : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : Directeur gÃ©nÃ©ral
24/01/2012	JAL	Resignation / Revocation of the social representative

Affiches parisiennes (Les) Date de dÃ©cision : 04/01/2012 La sociÃ©tÃ© 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du dÃ©part de Monsieur Claude BUFFARD, De EUROPEENNE DE NEGOCE ANDRE, De Monsieur Claude BUFFARD
26/06/2011	Bodacc A	Vente et cession : Acheteur

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1464 - 413 156 795 RCS Nanterre. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Capital : 40589551 EUR. Adresse : 28 avenue de Flandre, 75019 Paris. Origine du fonds : Achat de droit au bail au prix stipulÃ© de 330000 Euros. Etablissement : Etablissement principal. ActivitÃ© : le droit au bail de locaux. Adresse : 45 Grande Rue Charles de Gaulle, 92600 AsniÃ¨res-sur-Seine. PrÃ©cÃ©dent propriÃ©taire : FIRST LADY ASNIERES. 493 024 095 RCS Nanterre. Date de commencement de lâ€™activitÃ© : 01/06/2011. Publication lÃ©gale : Le Journal SpÃ©cial des SociÃ©tÃ©s FranÃ§aises par Action du 11/06/2011. Oppositions : Etude de Me BONN Nadine - 10 rue de la Station - 92600 AsniÃ¨res pour la validitÃ© et pour la correspondance. Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
12/01/2011	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 3051 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : nomination de l'Administrateur : VIVARTE SERVICES reprÃ©sentÃ©e par NOUVION, Christian, Adresse : Cours de l'Ours 95 rue du fg Saint Antoine 75011 Paris. Capital : 40589551 EUR. ActivitÃ© : . Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
17/12/2010	JAL	Appointment of the social representative

Affiches parisiennes (Les) SociÃ©tÃ© faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 NominÃ© : En la fonction de : Administrateur Date d'effet : 15/11/2010
30/11/2010	Bodacc C	Comptes annuels et rapports

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8654 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Adresse : 28 AV DE FLANDRE 75019 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2009.
15/08/2010	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1082 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Administration : Administrateur partant : FINANCIERE AGORA (SA) reprÃ©sentÃ©e par NOUVION CHRISTIAN MARIE BENOIT FELIX, Adresse : Demeurant : 28 avenue de Flandre 75019 Paris. Capital : 40589551 EUR. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
13/08/2010	JAL	Activity or goodwill cession

LA REPUBLIQUE DU CENTRE Date de dÃ©cision : 20/07/2010 Fond cÃ©dÃ© : 702013921 - PIER IMPORT EUROPE, PIER IMPORT, 88 RUE THOMAS EDISON, LES CENTS ARPENTS NORD.925, 45770 SARAN CÃ©dant : 702013921 - PIER IMPORT EUROPE, 138 ALL DES ERABLES, ZAC PARIS NORD II, 93420 VILLEPINTE Cessionnaire : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Prix de vente : 100000 â‚¬
09/07/2010	JAL	Resignation / Revocation of the social representative

AFFICHES PARISIENNES ET DEPARTEMENTALES Date de dÃ©cision : 24/06/2010 La sociÃ©tÃ© 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du dÃ©part de La sociÃ©tÃ© FINANCIERE AGORA
21/12/2009	Bodacc C	Comptes annuels et rapports

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6883 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Adresse : 28 AV DE FLANDRE 75019 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2008.
10/12/2008	Bodacc C	Comptes annuels et rapports

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6666 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : SociÃ©tÃ© anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2007.
15/12/2007	Bodacc C	Avis de dÃ©pÃ´t des comptes

5894 - 413 156 795. RCS Paris COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: SociÃ©tÃ© anonyme. Adresse du siÃ¨ge social: 28 avenue de Flandre 75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 aoÃ»t 2006.
25/11/2007	Bodacc A	Vente et cession

975 - RCS B 413 156 795. RC 98-B 1773. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - ActivitÃ© : vente au dÃ©tail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : 36 rue de la RÃ©publique et 2 rue Fontaine, 93200 Saint-Denis. Etablissement secondaire acquis par achat au prix stipulÃ© de 400 000 euros. Date de dÃ©but d'activitÃ© : 25 aoÃ»t 2007. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS. RCS 339 895 781. Publication lÃ©gale : Echo de l'Ile-de-France du 13 juillet 2006. Oppositions : au fonds, 36 rue de la RÃ©publique et 2 rue Fontaine, 93200 Saint-Denis, pour la validitÃ© et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
20/04/2007	Bodacc A	Vente et cession

0476 - RCS B 413 156 795. RC 00-B 275. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Nom commercial : C.E.C. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - ActivitÃ© : vente au dÃ©tail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : lotissement La GrivonniÃ¨re, 53000 Laval. Etablissement complÃ©mentaire : Adresse : avenue du MarÃ©chal-de-Lattre-de-Tassigny, 53000 Laval. Fonds dÃ©pendant de l'Ã©tablissement complÃ©mentaire, acquis par achat au prix stipulÃ© de 70 000 euros. Date de dÃ©but d'activitÃ© : 10 juillet 2000. Date d'effet : 27 septembre 2006. PrÃ©cÃ©dent proprietaire : S.A.S. MULTICHAUSS. RCS 339 895 781. Publication lÃ©gale : Ouest France du 22 avril 2006. Oppositions : au fonds, pour la validitÃ© et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
04/04/2007	Bodacc A	Vente et cession

1488 - RCS B 413 156 795. RC 98-B 1181. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - ActivitÃ© : vente au dÃ©tail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : 19-25 rue de la Basse-Quinte, 94000 CrÃ©teil. Etablissement secondaire acquis par achat au prix stipulÃ© de 140 000 euros. Date de dÃ©but d'activitÃ© : 24 novembre 2006. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS. RCS 339 895 781. Publication lÃ©gale : Les Annonces de la Seine du 24 avril 2006. Oppositions : au fonds, pour la validitÃ© et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
30/03/2007	Bodacc C	Avis de dÃ©pÃ´t des comptes

7469 - RCS Paris B 413 156 795. RC 97-B 11096. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: S.A. Adresse du siÃ¨ge social: 28, avenue de Flandre,Paris, 75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 aoÃ»t 2005.
17/12/2006	Bodacc A	Vente et cession

0768 - RCS Lyon B 413 156 795. RC 98-B 1191. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siÃ¨ge social : 28, avenue de Flandre, 75019 Paris. Etablissement complÃ©mentaire : ActivitÃ© : vente de chaussures et articles connexes. Adresse : 32/34, rue Michel Servet, 69100 Villeurbanne. Etablissement complÃ©mentaire acquis par achat au prix stipulÃ© de 268 909 euros . Date d'effet : 31 juillet 2006. PrÃ©cÃ©dent propriÃ©taire : ANDRE SA. RCS 413 156 969. Publication lÃ©gale : Tout Lyon du 11 novembre 2006 et du 2 dÃ©cembre 2006 . Oppositions : ValiditÃ© au fonds et correspondance, Ã©tude de Me Jean FranÃ§ois VIAL, 180 cours Emile Zola, 69100 Villeurbanne .
30/07/2006	Bodacc A	Vente et cession

1099 - RCS Paris B 413 156 795. RC 06-B 755. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - ActivitÃ© : vente de chaussures, bonneterie, maroquinerie et produits d'entretien. Adresse : 35 boulevard de Belleville, 75011 Paris. Etablissement principal acquis par cession au prix stipulÃ© de 500 000 euros. Date d'effet : 6 juillet 2006. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS. RCS 339 895 781. Publication lÃ©gale : Le Publicateur lÃ©gal du 19 juillet 2006. Oppositions : au fonds, pour la validitÃ© et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
26/07/2006	Bodacc A	Vente et cession

2025 - RCS B 413 156 795. RC AP-B 41179. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - ActivitÃ© : vente de chaussures, de bonneterie, de maroquinerie et de produits d'entretien. Adresse : 2 rue Fontaine, 36 rue de la RÃ©publique, 93200 Saint-Denis. Etablissement principal acquis par achat au prix stipulÃ© de 400 000 euros. Date d'effet : 30 juin 2006. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS S.A. RCS 339 895 781. Publication lÃ©gale : L'Echo de l'Ile-de-France du 13 juillet 2006. Oppositions : au fonds, pour la validitÃ© et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
09/07/2006	Bodacc A	Vente et cession

1967 - RCS B 413 156 795. RC AP-B 40990. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - ActivitÃ© : vente de chaussures. Adresse : espace Pompadour, zone de la Basse-Quinte, 19-25 rue de la Basse-Quinte, 94000 CrÃ©teil. Etablissement principal acquis par achat au prix stipulÃ© de 140 000 euros. Date d'effet : 1er avril 2006. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS. RCS 339 895 781. Publication lÃ©gale : Les Annonces de la Seine du 25 avril 2006. Oppositions : au fonds, pour la validitÃ© et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
16/06/2006	Bodacc A	Vente et cession

1455 - RCS Paris B 413 156 795. COMPAGNIE EUROPENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Nom commercial : C.E.C. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - ActivitÃ© : vente de chaussures, d'articles de bonneterie et de maroquinerie. Adresse : Z.A.C. Aux Cloyes, 2 rue de Froideterre, 70200 Lure. Etablissement secondaire acquis par achat au prix stipulÃ© de 25 000 euros. Date de dÃ©but d'activitÃ© : 1er mai 2006. PrÃ©cÃ©dent propriÃ©taire exploitant : MULTICHAUSS S.A. RCS CrÃ©teil 339 895 781. Publication lÃ©gale : Les Affiches de la Haute-SaÃ´ne du 26 mai 2006. Oppositions : au fonds et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
28/05/2006	Bodacc A	Vente et cession

0925 - RCS Paris 413 156 795. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75949 Paris Cedex 19. Etablissement secondaire - ActivitÃ© : vente de chaussures, de bonneterie, de maroquinerie et de produits d'entretien. Adresse : zone de GrivonniÃ¨re, avenue De Lattre-de-Tassigny, 53000 Laval. Etablissement secondaire acquis par achat au prix stipulÃ© de 70 000 euros. Date de dÃ©but d'activitÃ© : 1er avril 2006. PrÃ©cÃ©dent propriÃ©taire : MULTICHAUSS. RCS CrÃ©teil 339 895 781. Publication lÃ©gale : Ouest France du 22 avril 2006. Oppositions : au fonds pour la validitÃ© et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
12/06/2005	Bodacc A	Vente et cession

1086 - RCS B 413 156 795. RC AP-B 40638. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siÃ¨ge social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - ActivitÃ© : vente d'Ã©quipements de la personne. Adresse : centre commercial Espace, 222 avenue Raoult, R.D. 43, 78130 Les Mureaux. Etablissement principal acquis par achat au prix stipulÃ© de 29 000 euros. Date d'effet : 31 mars 2005. PrÃ©cÃ©dent propriÃ©taire : BESSON CHAUSSURES. RCS 304 318 454. Publication lÃ©gale : Les Petites affiches de Seine-et-Oise du 24 mai 2005. Oppositions : au fonds pour la validitÃ© et Me Conil, 33 rue Aristide-Briand, 78130 Les Mureaux, pour la correspondance.
18/03/2005	Bodacc C	Avis de dÃ©pÃ´t des comptes

3710 - RCS Paris B 413 156 795. RC 97-B 11096. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: S.A. Adresse du siÃ¨ge social: 28, avenue de Flandre,75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 aoÃ»t 2004.

Company events history

Description

Bodacc B: Various editing or changing

Amendment

Appointment/resignation of company officers

Amendment

Changes to the Board of Directors

Legal Gazette: Appointment of the social representative

Bodacc B: Various editing or changing

Changes to the Board of Directors

Amendment

Appointment/resignation of company officers

Legal Gazette: Resignation / Revocation of the social representative

Legal Gazette: Appointment of the social representative

Unfiling of a Tax Office preferential right

New Filling of Tax Office preferential right

Payment incident closed

Appointment/resignation of company officers

Bodacc C : Deposit accounts notice

Other modification of Establishment

Formation of Establishment

Update of Company Workforce

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

Payment incident detected

Bodacc B: Various editing or changing

Amendment

New auditor

Amendment

New chairman (CEO, CoB)

Changes to the Board of Directors

Legal Gazette: Resignation / Revocation of the social representative

Legal Gazette: Appointment of the social representative

Payment incident detected

Unfiling of a Tax Office preferential right

New Filling of Tax Office preferential right

New ultimate parent

Updated articles of association

Minutes of general meeting of shareholders

Bodacc A : Sale and transfer

New ultimate parent

Bodacc B: Various editing or changing

Appointment/resignation of company officers

Amendment

Bodacc C : Deposit accounts notice

Modification to Establishment Address or Identifier

Legal Gazette: Appointment of the social representative

Unfiling of a Tax Office preferential right

New accounts available

Payment incident closed

Bodacc B: Various editing or changing

Minutes of Board meeting

Amendment

Changes to the Board of Directors

Legal Gazette: Activity or goodwill cession

Legal Gazette: Resignation / Revocation of the social representative

Payment incident detected

Bodacc C : Deposit accounts notice

Closure of Establishment

Update of Company Workforce

Transfer of Establishment

New accounts available

Formation of Establishment

Bodacc C : Deposit accounts notice

New accounts available

A Tax Office Preferential right lapsed

Filling of Tax Office Preferential Right

Collection of preferential rights activated for this company

New accounts available

Closure of Establishment

Acte modificatif

Preferential right lapsed

Modification to Establishment Address or Identifier

Transfer of Establishment

New accounts available

Unfiling of preferential right

New accounts available

Acte modificatif

Modification du Conseil d'Administration

PV du Conseil d'Administration

Acte modificatif

Statuts mis Ã jour

New Filling of Tax Office preferential right

Acte modificatif

New accounts available

Acte modificatif

Changement de Commissaire aux Comptes

Acte modificatif

Conversion du Capital Social en Euros

Changement de Commissaire aux Comptes

Statuts mis Ã jour

Acte modificatif

PV du Conseil d'Administration

Changement de Commissaire aux Comptes

Modification du Conseil d'Administration

PV du Conseil d'Administration

Acte modificatif

Augmentation de Capital

Acte modificatif

Statuts mis Ã jour

PV du Conseil d'Administration

Statuts mis Ã jour

Acte modificatif

Augmentation de Capital

Acte modificatif

Apport Partiel

RequÃªte et Ordonnance

Statuts mis Ã jour

Changement de date de clÃ´ture

Statuts

PV du Conseil d'Administration

Acte modificatif

Modification du Conseil d'Administration

directors

Shareholder(s)

Name	VIVARTE
Name of representative	M COUERBE DIDIER
Manager position	Administrateur	Date of birth	01/08/1967
Place of birth	BORDEAUX 33000
Type	Moral person	Name at birth

Name	VIVARTE SERVICES
Name of representative	M NOUVION CHRISTIAN
Manager position	Administrateur	Date of birth	15/03/1954
Place of birth	LOEUILLEY 70100
Type	Moral person	Name at birth

Name	ANAIS
Name of representative	M DU TEMPLE DE ROUGEMONT ALBÃ‰RIC
Manager position	Administrateur	Date of birth	27/10/1966
Place of birth	CLICHY 92110
Type	Moral person	Name at birth

Name	M. TETI NICOLA
Manager position	PrÃ©sident du conseil d'administration, Directeur gÃ©nÃ©ral	Date of birth	23/09/1955
Place of birth	TORRICELLA PELIGNA(ITALIE)
Type	Individual	Name at birth

Name	M. MERLET FRANCK
Manager position	Directeur gÃ©nÃ©ral dÃ©lÃ©guÃ©	Date of birth	01/12/1967
Place of birth	SAINT-GERMAIN-EN-LAYE (78100)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
PrÃ©sident du conseil d'administration	M CLAUDE BUFFARD	15/11/1949 - THONES
PrÃ©sident du conseil d'administration	M CLAUDE BUFFARD	15/11/1949 - THONES (74230)
PrÃ©sident du conseil d'administration	M CLAUDE BUFFARD	15/11/1949 - THONES (74230)
PrÃ©sident Directeur GÃ©nÃ©ral	M CLAUDE BUFFARD	15/11/1949 - THONES (74230)
Directeur gÃ©nÃ©ral	M CLAUDE BUFFARD	15/11/1949 - THONES
Directeur gÃ©nÃ©ral	M CLAUDE BUFFARD	15/11/1949 - THONES (74230)
Directeur gÃ©nÃ©ral	M CLAUDE BUFFARD	15/11/1949 - THONES (74230)
Administrateur	M CLAUDE BUFFARD	15/11/1949 - THÃ”NES (74230)
Administrateur	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	- - -
Administrateur	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	25/10/1963 - PERPIGNAN 66000
Administrateur	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	25/10/1963 - PERPIGNAN 66000
Administrateur	EUROPEENNE DE NEGOCE ANDRE OU ENA	25/10/1963 - PERPIGNAN
Administrateur	FINANCIERE AGORA (SA)	- - -
Administrateur	FINANCIERE AGORA	12/08/1957 - PARIS 08
Administrateur	VIVARTE	- - -
Administrateur	VIVARTE SERVICES	15/03/1954 - LOEUILLEY 70100
Administrateur	VIVARTE	30/01/1954 - BOURGES 18000
Administrateur	VIVARTE	30/01/1954 - BOURGES 18000
Administrateur	VIVARTE	09/03/1960 - SANTANDER ESPAGNE
Administrateur	VIVARTE	30/01/1954 - BOURGES 18000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.26
UK Pound	1	Rs.81.94
Euro	1	Rs.70.21

INFORMATION DETAILS

Report Prepared by :

MNL

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	NB	New Business	----

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

company summary

company details

accounts

judgements

Tax office preferential rights

event history

Company events history

directors

Unit