BHV Marais Seeks Court Protection, Iceberg Licensee Gilmar Files to Restructure, and Roots Goes Private as Its CEO Steps Down
Wednesday, October 28, 2026 · 9 min
Paris department store BHV Marais asks for court-supervised administration and blames its landlord, Brookfield, which denies owing anything, while Italian licensee Gilmar plans to wind down its Iceberg and No. 21 licensing business. Roots completes its C$160.7 million sale to Marquee Brands, and CEO Meghan Roach steps down.
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Show notes
Paris department store BHV Marais asks for court-supervised administration and blames its landlord, Brookfield, which denies owing anything, while Italian licensee Gilmar plans to wind down its Iceberg and No. 21 licensing business. Roots completes its C$160.7 million sale to Marquee Brands, and CEO Meghan Roach steps down.
In this episode
- BHV Marais seeks to be placed under court-supervised administration - FashionNetwork USA — FashionNetwork
“Its chairman, Karl-Stéphane Cottendin, accuses the landlord of failing to pay the compensation owed in return for the surrender of half the premises.”
- No. 21, Iceberg Licensee Gilmar Files for Restructuring - WWD — Wwd
“The company plans to complete and ship orders already acquired for the fall 2026 season and halt the development of new licensed collections for 2027.”
- Roots Corporation Completes Go-Private Transaction and Announces Leadership Transition — Business Wire
“Following the completion of the transaction, Meghan Roach has stepped down as President and Chief Executive Officer.”