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


The new Printemps CEO Rémy Baume has his work cut out
The new Printemps CEO Rémy Baume has his work cut out © Photomontage by Mina Ledoux for 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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