LVMH closes down Franck et Fils department store in Paris

LVMH Group has announced the closure of Parisian department store Franck et Fils, part of the Le Bon Marche Group (also owned by LVMH).  The space will be taken over by La Grande Epicerie. A statement said ‘Under the circumstances , the group of Le Bon Marché does not expected layoffs and is committed to propose a working solution to all employees of Franck et Fils’

Franck et Fils closes down