PAI has built extremely strong expertise in the Retail industry. PAI has supported retail companies by growing them into national leaders through consolidation, investing in the repositioning of brands and rejuvenating store concepts to drive sales, and assisting in the reconfiguration and expansion of store networks. Notably, PAI has made a number of investments in the value apparel retailing segment and benefited from the strong long-term growth in this segment.

PAI’s retail investments include Nuance (the worldwide #2 duty free retailer), Hunkemöller (the leading European specialist lingerie retailer), Vivarte (the leading value-for-money retailer of footwear and clothing in France), Gruppo Coin (the market leading apparel retailer in Italy), Cortefiel (the #2 clothes retailer in Spain) and Camaieu (a leading French fashion retailer).

PAI also has excellent knowledge of the Professional Distribution industry through investments such as the buyout of Frans Bonhomme (the leading distributor of plastic tubings and fittings for building and civil engineering in France) and its investment in Point P (a retailer of building materials).