Micromania-Zing Explained

Micromania-Zing
Type:Subsidiary
Founder:Albert Loridan
Location Country:France
Location:Sophia Antipolis
Area Served:France
Industry:Retail
Products:Video games
Consoles
Accessories
Parent:GameStop

Micromania-Zing, formerly Micromania is the major video game retail company in France[1] founded in 1983 by Albert Loridan. From 2005 to 2014, it tripled in size under the leadership of Pierre Cuilleret.[2]

History

In 1983, Micromania is founded by Albert Loridan as a mail order company, specialized in video games.[3]

In 1987, Micromania opened its first outlet in Printemps Haussmann in Paris.

In 2008, it was purchased by GameStop for approximately US$700 million (€480 million) in cash.[4]

In 2017, the company merged with its sister company Zing Pop Culture and changed its name to Micromania-Zing. Zing, was launched in 2015 for distribution of derivative products of game franchises: manga, comics, films, etc. The consolidating merge addressed the decrease in gaming revenues.[5]

Notes and References

  1. http://www.micromania.fr/ Micromania website
  2. Web site: 2014-04-10 . Micromania : Pierre Cuilleret quitte la présidence . 2022-11-14 . www.gamekult.com . fr.
  3. Web site: 2011-03-31 . MICROMANIA, l'histoire agitée de l'expert du jeu vidéo . LSA.
  4. http://www.euroinvestor.fr/news/story.aspx?id=9982351 "GameStop Acquires Micromania, France's Leading Video Game Retailer from Private Equity Fund L Capital"
  5. https://www.journaldugeek.com/2017/10/20/micromania-devient-micromania-zing/ Micromania change de nom : c’est désormais Micromania-Zing qui reprendra vos jeux pour 2 euros