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Printemps
Qatari royal family struggles to make New York department store profitable

LogoSubscribers only By Philippe Vasset
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The new Printemps CEO Rémy Baume has his work cut out
The new Printemps CEO Rémy Baume has his work cut out © Photomontage by Glitz – Sources: Guerin Charles (ABACA via Reuters), Le Printemps

Printemps is not only battling with the trade unions in France over the cutting of 10% of its workforce, but also contending with difficulties at its Manhattan branch, just a year after it opened.

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