The Bordeaux Commercial Court on Wednesday placed the Galeries Lafayette department store owned by Michel Ohayon in safeguard proceedings, while delivering a salvo of legal redress for other companies of the businessman.
The safeguard procedure affects SAS Hermione Retail, Hermione TPR and Hermione Outlet, which include 25 stores and one point of sale under the Galeries Lafayette brand in France, with a total of 1,109 employees.
Michel Ohayon announced on February 17 his desire to put his stores under safeguard procedures to “protect them from any attack.”
The list of Galeries Lafayette stores in question:
Agen, Amiens, Angouleme, Bayonne, Beauvais, Belfort, Besançon, Caen, Cannes, Chalon-sur-Saône, Chambéry, Dax, La Roche-sur-Yon, La Rochelle, Libourne, Lorient, Montauban, Niort, Rouen, Saintes, Tarbes, Toulon, Tours, Pau, Rosny and the Coquelles Outlet
>> More information to come
Source: BFM TV
