Maisons du Monde
| Company type | Private |
|---|---|
| Industry | Furniture, Home decor |
| Founded | 1996 in Brest, France |
| Founder | Xavier Marie |
| Headquarters | Brest , France |
Area served | Europe |
| Products | Furniture, Decorative items |
Number of employees | 5500+ (2023) |
| Website | www |
Maisons du Monde (translated as Houses of the world) is a French enterprise specializing in furniture and home decor. Established in 1996 in Brest by Xavier Marie, the company had, by 2023, expanded to 349 outlets throughout Europe, with 212 located in France. It employs a workforce exceeding 5,500 individuals. Approximately 45% of the group's revenue is generated from international markets, while online sales contribute to half of the overall turnover. The product range is divided roughly into 58% decorative items and 42% furniture.
History
The company's online platform was introduced in 2006, providing access to its comprehensive furniture selection along with numerous decorative products. Additionally, Maisons du Monde releases an annual catalogue showcasing its latest collections.
In 2013, the American private equity firm Bain Capital acquired an 80% ownership interest in Maisons du Monde for €680 million. By 2015, the company achieved revenues amounting to €699 million, with €460 million originating from its French market.
At the beginning of 2016, Goldman Sachs and Citigroup were engaged to facilitate preparations for a potential initial public offering (IPO).
Maisons du Monde entered the United States market in 2018 by opening a store in Wynwood, Florida, followed by another location in Aventura Mall in 2019.
The Covid-19 pandemic had a negative impact on operations during 2020, causing first-half sales to drop by 13.3% to €489 million. Nonetheless, the company surpassed expectations and announced plans to establish a second distribution center near Le Havre to improve import logistics from Asia.
Towards the end of 2021, Maisons du Monde withdrew from the U.S. market by divesting most shares in its American subsidiary Modani, choosing to concentrate on its European activities.
In 2023, the company discontinued its e-commerce services in the United Kingdom, halting new orders from May 24 onward.
Number of stores
By the close of 2023, Maisons du Monde operated a total of 349 directly managed stores across Europe.
| Country | No. of stores |
|---|---|
| France | 212 |
| Italy | 46 |
| Spain | 36 |
| Belgium | 21 |
| Switzerland | 13 |
| Germany | 11 |
| Portugal | 3 |
| Luxembourg | 2 |
| Austria | 1 |
Franchise operations exist in Algeria, Morocco, Réunion, and Martinique, while online sales continue in the Netherlands. The company formerly maintained physical retail locations in both the United Kingdom and the United States.