BHV Marais Gets Court Protection, Style Capital Buys N°21, David Jones Weighs Closures
Tuesday, November 3, 2026 · 10 min
A Paris court put BHV Marais into bankruptcy protection on Monday, with the court document calling it insolvent, and Style Capital bought N°21 out of the Gilmar restructuring. In Australia, the Financial Review reports that David Jones's owner is in advanced talks with landlords about closing more than half its stores.
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Show notes
A Paris court put BHV Marais into bankruptcy protection on Monday, with the court document calling it insolvent, and Style Capital bought N°21 out of the Gilmar restructuring. In Australia, the Financial Review reports that David Jones's owner is in advanced talks with landlords about closing more than half its stores.
In this episode
- Iconic Paris department store BHV Marais granted bankruptcy protection - France 24 — France 24
“The retailer "is in a state of insolvency, notably due to a significant drop in turnover, excessive liabilities and disputes with the landlord", the document said.”
- Style Capital takes control of N°21 - FashionNetwork USA — FashionNetwork
“In a complex corporate operation, the label’s long-standing industrial partner Gilmar, which applied for a negotiated settlement procedure in October, has sold the stake it held in N°21, marking the start of a new expansion phase for the label, which is aiming to consolidate its…”
- Clock ticking on historic retailer just before holidays — Aap
“David Jones' private equity owner is in advanced talks with its landlords about possibly closing more than half of its stores amid mounting losses, the Australian Financial Review reports.”