This Wednesday, the Bordeaux Commercial Court decided to put the Galeries Lafayette stores located in the region which belong to Michel Ohayon under safeguard procedure.
The safeguard procedure, applicable to companies in financial difficulty, but not yet in cessation of payment, applies to the companies Hermione Retail, Hermione TPR and Hermione Outlet, which include 25 stores and a clearance store under the Galeries Lafayette brand. in France, totaling 1,109 employees in total in cities such as Bayonne, Cannes, Niort or Rouen.
While other brands controlled by Michel Ohayon are already in turmoil, the elected staff of the Galleries had exercised their right to alert in December and walkouts took place last week in stores.
In an interview published Friday by the newspaper South WestMichel Ohayon had indicated that the Bordeaux Commercial Court was going to place Galeries Lafayette in receivership to protect them from any attack while adding that their situation was “healthy”. But concern is growing around its signs.
Sudden liquidation of Camaïeu
The brutal liquidation of Camaïeu in September in the North has already left some 2,600 employees on the floor and the Grenoble commercial court placed in receivership, in January, another brand controlled by Michel Ohayon, Go Sport, which employs more than 2,000 people.
The latter has appealed the decision but he believes that Go Sport will be “sold before” the outcome of the procedure, dragging the Gap brand in its wake with the key to the ” social coffers ».
Last week, the Bordeaux Commercial Court also placed the Financière immobilière bordelaise (FIB), Michel Ohayon’s holding company, with which he built his commercial and real estate empire, which also includes several hotel palaces, in receivership.
In his interview at South Westthe businessman claims that the FIB was only placed “under the protection of the court” but the documents registered at the registry do indeed show a receivership pronounced on Wednesday, with a suspension of payments on February 7. Several subsidiaries of the FIB have also been placed in receivership for fault, in particular, of having reimbursed 200 million euros of loans contracted with the Bank of China.
(with AFP)