La Vie Claire (company)
Encyclopedia
La Vie Claire is a French chain of health
product
stores
. It sponsored one of the strongest cycling teams of all time called La Vie Claire
with Bernard Hinault. In 1980, it was bought by Bernard Tapie
with a 200 millions francs turnover (30 millions euros) through 250 stores. In 1996, it generated only 10.6 millions euros turnover with 120 stores. It was sold through Crédit Lyonnais
(CDR) to Distriborg for 10 million francs.
Health
Health is the level of functional or metabolic efficiency of a living being. In humans, it is the general condition of a person's mind, body and spirit, usually meaning to be free from illness, injury or pain...
product
Product (business)
In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...
stores
Retailing
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
. It sponsored one of the strongest cycling teams of all time called La Vie Claire
La Vie Claire
La Vie Claire was a professional road bicycle racing team named after its chief sponsor La vie Claire, a chain of health food stores.-History:The La Vie Claire team was created in 1984 by Bernard Tapie and directed by Paul Koechli...
with Bernard Hinault. In 1980, it was bought by Bernard Tapie
Bernard Tapie
Bernard Tapie is a French businessman, politician and occasional actor, singer, and TV host. He was Ministre de la Ville in the government of Pierre Bérégovoy, a businessman specializing in recovery for bankrupted companies, among which Adidas is the most famous ; and owner of sports teams...
with a 200 millions francs turnover (30 millions euros) through 250 stores. In 1996, it generated only 10.6 millions euros turnover with 120 stores. It was sold through Crédit Lyonnais
Crédit Lyonnais
Crédit Lyonnais is a historic French bank. In the early 1990s it was the largest French bank, majority state-owned at that point. Crédit Lyonnais was the subject of poor management during that period which almost led to its bankruptcy in 1993...
(CDR) to Distriborg for 10 million francs.