Paris store to part ways with Shein after ownership change | The Straits Times - Magzter

Go Unlimited with Magzter GOLD Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just SGD129.99 SGD64.99/Year Claim Now No, thanks Try GOLD - Free We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more about our privacy policy Agree Paris store to part ways with Shein after ownership change The Straits Times | June 18, 2026 French department store BHV Marais will end its partnership with Shein after its operating company said on June 16 it was selling the Paris outlet, following criticism of its deal with the Asian e-commerce giant. - The announcement comes after Shein in November opened its first permanent physical shop in BHV’s flagship store, a move that sparked an outcry over the brand’s fast-fashion business model and environmental impact, as well as its online sale of childlike sex dolls. SGM, which has operated the landmark store opposite Paris City Hall since 2023, has sold it at a loss to a group of executives, including outgoing SGM chief executive Karl-Stephane Cottendin, the two parties told reporters. Cottendin, who will step down as SGM’s CEO following the deal, said Shein would ‘‘ideally’’ leave the store by Christmas, describing the decision to allow the retailer to open in BHV as a ‘‘strategic error’’. This story is from the June 18, 2026 edition of The Straits Times. Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers. SUBSCRIBE NOW Already a subscriber? Sign In Unlock the Listening Feature Subscribe to Magzter GOLD to unlock the premium listening feature Subscribe Now Listen Unlock the Translation Feature Subscribe to Magzter GOLD to unlock the premium translation feature Subscribe Now Translate Share - + Change font size