Galeries Lafayette group finalises the sale of BHV Marais to Groupe SGM

What: The Galeries Lafayette Group announces the finalisation of the sale of BHV Mrais and BHV Parly 2 to the SGM Group.

Why it is important: Galeries Lafayette has owned the two department stores for 30 years and strongly believes that the SGM Groupe will be the most committed and innovative player to continue growing the stores’ potential with the commitment of its teams.