BHV Marais news and archive

Brookfield Asset Management acquires BHV Marais

The name of the entity that has acquired BHV Marais, an iconic department store in Paris that hosts the first Shein retail department, is now known: Brookfield Asset Management, a global Canadian asset management fund, has acquired BHV Marais from the Galeries Lafayette group. In a letter to employees dated January 27, 2026, Frédéric Merlin of...

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Retail

Shein opens first physical store in Paris, drawing bargain hunters to BHV

Paris - Out of “curiosity” or because “it’s cheaper”, customers began to gather outside the department store on Wednesday. They were waiting for the opening of the Shein store at BHV in Paris at 1pm, despite the controversies surrounding the Asian giant's practices. UPDATE France suspends operations of online platform Shein “My husband doesn’t...

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Business

French department store operator dropped by investment bank following Shein collab

French department store operator Société des grands magasins (SGM) has seen its deal to acquire the property of the Parisian department store BHV Marais collapse after its new partner, fast fashion giant Shein, caused the withdrawal of a key state-backed investor. SGM, which operates BHV, has condemned what it calls “political pressure” but...