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government-trade
government-trade

3 Suisses to Go Digital

The move is expected to result in 198 job cuts in France.

PURE PLAYER: After 82 years on paper, French catalogue retailer 3 Suisses is to become a pure digital player, the company said Thursday. The move, part of the 3SI Group-owned firm’s strategy to be back in the black in 2016, is expected to result in 198 job cuts in France. The company had lost about 300 million euros, or $416.7 million at current exchange, since 2009, according to a 3 Suisses spokesman.