Cora management change in the region | Progresiv
Retailer Cora named Ludovic Holinier in charge of its business in the region, being responsible for the markets of France, Benelux and Romania. He replaces Pierre Bouriez, the son of the Cora founder. 
Ludovic Holinier has over 30 years of experience in retail, most of his career being in the French retailer Auchan. Here, Ludovic Holinier has held various positions in various markets, including China, France, Russia and the USA. For the past two years, Ludovic has led the operations of Sunt Art Retail Group, a partnership between Auchan and Alibaba, on the Chinese market.
On the French market, Cora hypermarkets reported a turnover of 4.6 billion euros, slightly lower than the previous year, while profit grew by 20%. In Romania, Cora sales stood at 1.77 billion lei, down by 1% compared to 2017 and returned to loss, reporting a decline of 38.97 million lei.
