Overview
- SMCP said it will shut its Sandro, Maje, Claudie Pierlot and Fursac corners at BHV, citing numerous unpaid invoices reported to have accumulated over 18 months.
- Dior and Guerlain have vacated their perfume spaces, with store staff confirming closures observed on site this week.
- Le Slip Français reports €125,000 outstanding and more than a year of arrears since SGM took over management, prompting its exit.
- BHV owner SGM denies supplier debts and attributes withdrawals to image concerns linked to Shein’s new shop, which it says drew over 50,000 visitors, with further Shein openings announced for Dijon and Reims on November 18 and Grenoble on November 21, then Angers and Limoges in early December.
- French authorities kept judicial procedures against Shein active after ordering the removal of illicit items on November 5, with a suspension hearing set for November 26, and Paris mayor Anne Hidalgo publicly criticized the store launch as employees voice concern for Black Friday and Christmas trading.