BHV Marais forced to shut early in Paris over an insurance policy problem
Paris department store BHV Marais, already in receivership, closed its doors at 4 pm on Monday because one of its insurance policies could not be transferred.

If you were planning to shop at BHV Marais on Monday evening, you were out of luck. The famous Paris department store pulled down its shutters early on 9 November.
The closure came at 4 pm. The same happened at the group's Parly 2 store, west of Paris. Both are in the Paris region.
Why did it close?
The chain's president said the stores closed "as a precaution". The reason: one of the insurance policies "could not be transferred as part of the ongoing receivership". Without that cover, the stores could not safely welcome customers or staff.
Management described it as a temporary "administrative regularisation".
Some context
BHV Marais has been in redressement judiciaire (France's court-supervised receivership) since the start of the year, as its owner, SGM, struggled with financial difficulties. The shop stays open during such a procedure while the court looks for a way forward.
No reopening time was given in the material we have. Check the store's official channels before you head over.
Story timeline
BHV Marais receivership and store closure · 2 updates
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