2024-02-13 17:49:37
By Manon Malhère
Published 1 hour ago, Updated 1 hour ago
The Galerie Lafayette department store in Lorient is one of those under threat of filing for bankruptcy. Galeries Lafayette
DECRYPTION – The Bordeaux commercial court examines the safeguard exit plan proposed by the businessman.
The first stone of Michel Ohayon’s commercial empire also threatens to fall. Camaïeu was liquidated; Go Sport, Gap and La Grande Récré were taken over by rivals at the commercial court following they filed for bankruptcy; the Cafés Legal company was sold before meeting this disastrous fate. It is now the turn of the 25 Galeries Lafayette department stores owned by the Bordeaux businessman and their employees to wait with concern to be determined on their fate. This Wednesday, the Bordeaux commercial court is examining the draft exit plan from the safeguard procedure for these businesses, which employ more than 1,000 employees. The judges will have until February 22 to decide on their fate.
The issue has a strong political dimension as these department stores are anchored in the territories of Agen, Bayonne, Caen, Rouen and even Lorient. It is also delicate for the image of the Galeries Lafayette group, which sold these 25 underperforming stores. The group…
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