NR21 SA (NR21.PA) operates as a holding company with limited significant operations, having previously focused on the design, production, and retail of underwear, pajamas, kimonos, bathrobes, slippers, and moccasins for men, women, and children under brands including Arthur, Hector Cheri, and others; it distributes indoor and outdoor clothing through physical shops in France and Monaco. Incorporated in 1992 and headquartered at 87 rue de Richelieu in Paris, France, the company functions as a société en commandite par actions listed on Euronext Paris, with majority control held by Altarea since August 1, 2019, at approximately 96.52% ownership as of mid-2022. Its historical apparel retail activities spanned the consumer cyclical sector, targeting family-oriented customers primarily in the French market with products emphasizing comfort and homewear.
Recent financial disclosures highlight a strategic pivot from active apparel operations, with semiannual information reported on July 29, 2025, and annual results for 2024 released on February 26, 2025, reflecting ongoing recapitalization efforts including a 2021 capital increase and share consolidation effective March 18, 2021. The company's website details involvement in urban redevelopment projects, such as the 2016 "6 BY NATURE" initiative in Lyon's 6th district converting a central laundry site into a 17,500 sq.m mixed-use program and 2017 wins under "Inventing the Metropolis of Greater Paris" for a hospitality scheme in Kremlin-Bicêtre and a Live-In Campus in Cachan, emphasizing innovation and sustainability. These developments mark a shift toward real estate and urban development alliances, aligning with Altarea's influence, while apparel revenue remains negligible and net income stood at €210.7K in recent fiscal data.