Storied Paris department store receives bankruptcy protection
Headline from WFMZ Allentown
A court on Monday granted bankruptcy protection to iconic Paris department store BHV Marais, which sparked controversy last year over a partnership with Asian fast-fashion giant Shein, as it aims to safeguard its operations and jobs.
WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
A French court granted bankruptcy protection on Monday to iconic department store BHV Marais, which has stood in central Paris for around 170 years. The move comes after the company announced last week that it sought bankruptcy protection to safeguard its operations and jobs as part of a "relaunch".
A court on Monday granted bankruptcy protection to iconic Paris department store BHV Marais, which sparked controversy last year over a partnership with Asian fast-fashion giant Shein, as it aims to safeguard its operations and jobs.