News

Fnac leaves SLDC

Fnac has quit the French cultural product distributors association Syndicat des Distributeurs de Loisirs Culturels (SLDC), leaving the chains Virgin Stores, Starter, Cultura, Le Furet du Nord and Decitre.

Fnac was a founder member of SLDC, which still represents 168 stores in France and 20 abroad.

The association noted in a statement that its mission is to foster legal online content, aligned VAT rates for physical and electronic goods, and fair competition for online services in Europe. It also lobbies for public policy to take account of retailing’s fragile structure.

A spokesperson for Fnac told The Bookseller that it left the SDLC, on good terms, because it does not believe that "independents should be on one side and chains on the other. We should all work together." This should include closer links between books and other sectors of the cultural products trade, the spokesperson added.