Case Study: Galeries Lafayette Profile, History, and Status Quo In 1893, Théophile Bader founded Galeries Lafayette; in 1912, the famous flagship department store (“grand magasin”) on Boulevard Haussmann in Paris was opened which is the largest of Paris’ 12 major department stores. Today, the Galeries Lafayette group operates the following business segments: Figure 10.1 Galeries Lafayette group In 2005, group turnover totalled 4,493 million EUR, up 0.7 % from the previous year. Around 35…
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