Gabriel Naouri

Gabriel Naouri
Born (1981-07-06) July 6, 1981 (age 43)
EducationParis Dauphine University
OccupationBusinessman
Years active2004-

Gabriel Naouri (born July 6, 1981) is a French CEO and entrepreneur, founder and CEO of Majorelle Investments (co-controlled with Apollo Capital Management). He was previously deputy head of international operations of Groupe Casino, and then co-founder and Chairman of Yandex.Market.

Biography

Education

Gabriel Naouri graduated from the Paris Dauphine University (France) with a master's degree in applied mathematics. He later enrolled in the “Global Leadership and Public Policy” program at Harvard University in 2011. Gabriel Naouri is a certified board member from Sciences Po Paris and NYSE Euronext.[1]

Early career

In 2004, Gabriel Naouri joined the M&A department of Rothschild & Cie Banque in New York City.[2]

He then became a marketing manager in the Consumer Products division of L’Oréal USA Garnier in New York City.[3]

Groupe Casino

Gabriel Naouri joined Groupe Casino in 2007. Since his start at Groupe Casino, he went through different operational stages alike the Michelin model. He started at a Géant Casino Hypermarket in Rennes, where he held different positions.[4] successively as baker, butcher, checkout employee, cleaner, etc. Throughout those training years, Gabriel Naouri attended the traditional Casino training program at the Group headquarters in Saint-Etienne. After becoming fruits and vegetables section manager at Géant Casino of Mandelieu-La-Napoule, he was successively appointed as executive director at the Géant Casino of Fenouillet (Toulouse)[5][6] and then as head of operations of the hypermarket division in France.[7][2]

In June 2012, Gabriel Naouri was appointed head of brand, digital, and innovation of the Casino Group in France.[8][9] He led the group's first foray in augmented reality,[10] NFC technology,[11] and drive-ins.[12]

From 2014 to 2017, he served as Deputy head of international operations (12 000 stores) of Groupe Casino[13] where he was responsible for the launch and coordination of international action plans in line with the group strategy. He has created and launched Cdiscount in Thailand and Vietnam.[14] Naouri left the Groupe Casino in July 2017.[15]

New technology

After leaving the Groupe Casino, Gabriel Naouri became a senior advisor to Motoya Okada, CEO of the Japanese retail and financial services company Æon.[16] He personally invested in the medical apparel company Jaanuu,[17] and the ecommerce website Boxed.com.[18] In 2018, he co-founded the ecommerce company Yandex.Market[19] and raised $500 million to launch it.[20] He sold his shares of Yandex.Market to Yandex' CEO and founder Arkady Volozh in June 2020.[21]

Maisons du Monde

In August 2020, Majorelle Investments – an investment holding company co-controlled by Gabriel Naouri and Daniel Kretinsky – announced owning more than 5% of furniture and home decor company Maisons du Monde.[22]

In March 2021, Majorelle Investments announced owning more than 10% of the company.[22][23]

In November 2021, Gabriel Naouri and Apollo Global Management bought back Daniel Kretinsky's stake in Majorelle Investments.

In March 2022, Majorelle Investments announced owning more than 16% of Maisons du Monde.[24] In June 2023, Majorelle reached 25% of ownership in Maisons du Monde and Naouri was appointed to the board of the company.[25]

In January 2025, through his investment company Sana Holdings, Naouri bought a controlling stake in the American clothing company True Religion.[26][27]

Honours

References

  1. ^ Brief biography of Gabriel Naouri [permanent dead link‍], LinkedIn
  2. ^ a b Biographie de Gabriel Naouri, Linéaires, 2 Juillet 2012
  3. ^ Herdeiro do casino quer liderar e commerce, UOL 20 anos, 16 February 2015.
  4. ^ Gabriel Naouri, Bloomberg Businessweek, October 21, 2013
  5. ^ Gabriel Naouri, l’héritier à la tête du Géant Casino Fenouillet Archived 2010-02-18 at the Wayback Machine, Objectif News, Octobre, 5 2009
  6. ^ Philippe Emery, Gabriel Naouri, L'épicerie dans la peau, La Dépêche, February 27, 2009
  7. ^ L’héritier du groupe Casino quitte la direction de l’hypermarché de Fenouillet Archived 2010-02-18 at the Wayback Machine, Objectif News, February 14, 2010
  8. ^ Gabriel Naouri to Be Named To New Management Position in Casino 4 Traders, June 28, 2012
  9. ^ Joly, Bruno (2012-06-28). "Casino: Gabriel Naouri nommé directeur de la marque, du digital et de l'innovation". FashionNetwork.com (in French). Retrieved 2025-01-11.
  10. ^ "Les Doodingues de Casino en réalité augmentée". 25 September 2013.
  11. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2018-11-15. Retrieved 2018-11-21.{{cite web}}: CS1 maint: archived copy as title (link)
  12. ^ Conso, L. S. A. (18 March 2011). "Casino accélère le déploiement de ses drives".
  13. ^ Gabriel Naouri, la relève Archived 2016-10-06 at the Wayback Machine, Décideurs Mag, 6 October 2015
  14. ^ Conso, L. S. A. (2 December 2014). "CDiscount continue sa conquête de l'Afrique avec le Cameroun".
  15. ^ Gröndahl, Marie-Pierre (2017-08-01). "Gabriel Naouri prend son envol". parismatch.com (in French). Retrieved 2025-01-11.
  16. ^ "Aeon s'invite au capital du "Costco des Millenials "". 12 April 2018.
  17. ^ "Jaanuu Closes Strategic Investment Round". FinSMEs. 2017-11-29. Retrieved 2025-01-11.
  18. ^ "After reportedly rejecting $400M Kroger offer, Boxed raises $111M to take on Costco in bulk shopping". 21 August 2018.
  19. ^ Shona, Ghosh (7 July 2018). "Yandex is already Russia's Google — now it's planning to become Russia's Amazon". Business Insider Australia. Retrieved 2 April 2021.
  20. ^ "Gabriel Naouri (Yandex.Market) : "Ma priorité est de trouver une entreprise à reprendre"". L. S. A. conso (in French). 2019-01-30.
  21. ^ Henni, Adrien (2020-07-02). "Yandex and Sberbank Finalize Divorce". The Moscow Times. Retrieved 2025-01-11.
  22. ^ a b Marie, Bartnik (4 March 2021). "Le plan de Gabriel Naouri pour agrandir Maisons du Monde". Le Figaro. Retrieved 2 April 2021.
  23. ^ Bertrand, Philippe (2021-03-04). "Daniel Kretinsky et Gabriel Naouri s'installent chez Maisons du Monde". Les Échos (in French). Retrieved 2025-01-11.
  24. ^ "Maisons du Monde: Majorelle monte à 16% du capital et frappe à la porte du conseil". Les Echos Investir. 2 March 2022. Retrieved 10 March 2022.
  25. ^ "Maisons du Monde : Gabriel Naouri va entrer au conseil d'administration". Investir (in French). 2022-05-05. Archived from the original on 2023-12-08. Retrieved 2025-01-11.
  26. ^ "Gabriel Naouri investit dans la marque de jean True Religion". L. S. A. conso (in French). 2025-01-08.
  27. ^ Guyot, Olivier (2025-01-08). "True Religion acquistato da Acon Investments". FashionNetwork.com (in Italian). Retrieved 2025-01-11.
  28. ^ Davos : les quatre Français qui vont être consacrés «Jeunes leaders mondiaux» Archived 2013-10-21 at the Wayback Machine, Capital, January 22, 2008
  29. ^ Les trente glorieux, Optimum, September 2009
  30. ^ "Choiseul 100 : Les leaders économique de demain – 2018 - Institut Choiseul". Archived from the original on 2018-11-21. Retrieved 2018-11-21.