Chinese Retailer Takes Stake in Galeries Lafayette
Dijon is bracing for a retail shakeup as the fallout from a fractured partnership between Galeries Lafayette and Société des Grands Magasins (SGM) continues to unfold. The dispute, triggered by SGM’s decision to host stores for the Chinese fast-fashion giant Shein, has led Galeries Lafayette to terminate its affiliation agreement with SGM, impacting seven regional … Read more