Turnover: 306.5 million EUR (2016)

Country: France

  • Le Bazar de l'Hôtel de Ville is a French general department store founded in 1856 and part of the Galeries Lafayette group. Operated by BHV Exploitation under the BHV Marais banner since 2013 , BHV is a major retailer of high-end household linen for most major brands.
  • BHV stores include a Bed Linen and White Linen department whose offering is reputed to be quite upmarket.
  • BHV is increasingly specializing in the home market, which accounts for 60% of its sales
  • The DIY department, which occupies level -1 of the store, is one of the most popular in Paris.
  • The company is sold to Société des Grands magasins, Galeries Lafayette's main franchisee outside Paris


Bazar de l'Hôtel de Ville (BHV) in Paris sold by Galeries Lafayette 10/11/2023

  • The Bazar de l'Hôtel de Ville (BHV) in Paris has been sold by the Galeries Lafayette group to Société des Grands Magasins (SGM).
  • The BHV store at Parly 2, located in the Yvelines near Versailles, is included in the sale.
  • BHV has been in difficulty for years, and the problems have recently become more acute.
  • SGM is a retail property company run by Frédéric and Maryline Merlin.
  • In 2021, SGM acquired seven regional Galeries Lafayette stores in Angers, Dijon, Grenoble, Le Mans, Limoges, Orléans and Reims.
  • SGM manages a dozen city-center shopping malls in France, located in places such as Roubaix, Tourcoing, Châlons-en-Champagne, Lille, Nîmes, Saint-Nazaire, Kremlin-Bicêtre, Mulhouse and Montigny-le-Bretonneux.
  • Galeries Lafayette owned the BHV in Paris for 30 years.

BHV Marais: New owner 17/02/2023

  • Transaction valued at 500 million euros.
  • 1,300 BHV Marais jobs preserved.
  • The acquiring company, SGM, has 700 employees.
  • BHV Marais was founded 167 years ago.
  • The sale also includes a BHV store in the Westfield Parly 2 shopping center in the Yvelines department, as well as an apartment complex, stores on Rue de la Verrerie and Rue des Archives, and a building housing the Eataly chain.

Galeries Lafayette sells BHV to young property company SGM 16/02/2023

  • Galeries Lafayette sells BHV to SGM
  • BHV money will be used to continue renovation of Haussmann store

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