Discontent had been simmering around the historic Parisian department store on Rue de Rivoli. The announcement that Shein would take a floor in November further widened the rift between brands and management. For months, BHV ’s brands and suppliers have been grappling with unpaid invoices owed by the management of the department store founded in 1856, which was taken over by the Merlin family’s Société des Grands Magasins (SGM) from the Galeries Lafayette group in 2023.

Until October 1, little was said publicly about the discontent and the behind‑the‑scenes negotiations. Store management communicated sporadically to reassure partners and, according to our information, paid part of the sums owed. The brands, although increasingly irritated, kept their difficulties—and their questio

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