# Paris department store BHV: ‘Unions hope court-ordered receivership will finally end disastrous management’

- URL: https://talkfuse.com/story/paris-department-store-bhv-unions-hope-court-ordered-receivership-will-finally-end-disastrous-management/
- Published: 2026-11-03T10:10:41+00:00
- Updated: 2026-11-06T12:11:03+00:00
- Original publisher: Le Monde (publisher lean: Left)
- Original article: https://www.lemonde.fr/en/economy/article/2026/11/03/paris-department-store-bhv-unions-hope-court-ordered-receivership-will-finally-end-disastrous-management_6770029_19.html
- Topics: Americas, Art, Culture, Fashion, World

## Key points

- BHV’s operator has entered court-ordered administration.
- About 660 jobs are at stake.
- 2025 revenue fell to €170.3 million from about €300 million.

## Summary

The company operating Paris department store BHV Marais and a smaller store at Westfield Parly 2 has been placed in court-ordered administration. Unions hope the process will bring in a new buyer and end a period of poor management, as about 660 jobs are at risk.

BHV was already struggling when Frédéric Merlin took it over in 2023, but the article argues that its 2025 partnership with Chinese fast-fashion retailer Shein worsened its position, alienating brands and lenders. The company reported a €1.85 million loss on €170.3 million in revenue in 2025, down from about €300 million in revenue when Merlin acquired it. The court cited falling revenue, high liabilities and a dispute with landlord Brookfield; Merlin sold the chain in June 2026 but retained the BHV brand.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.