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Galeries Lafayette Owner Ginette Moulin Dies Aged 98

Published 3 months ago2 minute read

Over her lifetime, Moulin saw six leadership generations running the Galeries Lafayette flagship store situated in the Opera district of the French capital.

(FILES) This photograph taken on December 15, 2024 shows the logo of the Galeries Lafayette displayed on a building in Paris. (Photo by JOEL SAGET / AFP)

She was “a committed benefactor and a patron of artists who believed in the power of culture and creativity,” the Galeries Lafayette said about her Tuesday.

Her father, Max Heilbronn, was arrested in 1943 and taken to the Buchenwald concentration camp in Germany, where he became friends with Etienne Moulin who later married Ginette. The couple had three children.

Beyond the main store, the Galeries Lafayette empire counts 56 other outlets in France, of which it runs 18 itself and 38 are managed as a franchise by partners.

But a shift towards online shopping, accelerated by Covid restrictions, has hurt Galeries Lafayette’s business model that relies on footfall in bricks-and-mortar stores.

The group is planning to close two stores in the southern port city of Marseille because of recurring losses.

In 2023, it spun off another mythical Paris store, the Bazar de l’Hotel de Ville (BHV), situated near the capital’s Marais district.

However, the group said last year that it hoped to bring sales volumes back to pre-Covid levels.

AFP

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