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Acquisition of the BHV premises: the Banque des Territoires says "stop".

Banque des territoires denounces "a breach of trust" following the agreement between SGM and Shein
Le 52 Rue de Rivoli, à Paris (Fernanda Peruzzo/CoStar)
Le 52 Rue de Rivoli, à Paris (Fernanda Peruzzo/CoStar)
By AFP
October 8, 2025 | 11:23 AM

Translated from French.

The Banque des territoires announced today that it had terminated negotiations with its operator, Société des grands magasins (SGM), for the purchase of the BHV Marais premises, citing "a breach of trust" linked to the announcement that the Asian brand Shein would soon be setting up shop at the BHV.

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