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Houzé family
Galeries Lafayette shareholders redistribute their share capital a year on from Ginette Moulin's death

Reading time 2 min

The publicly stated ambition of the upmarket department store chain is to dominate high-end retailing. But behind the scenes, the family that owns it is currently engaged in another battle to pass on its holdings to the fourth generation of shareholders. Part of the €880m in play has already been discreetly shared out among the heirs, who are still too young to take up roles within the group.

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