Jean-Marc Bellaiche, President of the Printem temps department store chain since 2020, will leave the company in mid-September. The company announced this on Thursday of the AFP news agency and thus confirmed a report from the Fashion Network portal. The company is already looking for a successor. The 55-year-old Bellaiche decided for personal reasons not to extend his mandate, which expires on September 15th.
In a message to the employees: Bellaiche explained: “After a careful consideration and the feeling of having fulfilled my job, it is time for me to devote myself to a new project that I will report on later.” His last day in the company, which, according to his words, is “strengthened and again profitable”, will be September 12th. The Supervisory Board of Printemps, which has been managed by Qatarian shareholders since 2013: inside the Disa fund, thanks Bellaiche for “his commitment and the successful transformation of the company”. The board will run the business until a successor was appointed.
Bellaiche followed Paolo de Cesare in autumn 2020. He had the task of bringing the companies weakened by the Covid 19 pandemic and the loss of a large part of its international customers. A renovation plan initiated in 2021 led to the reduction of several hundred areas and to close three branches. The former advisor to the Boston Consulting Group (BCG), who also worked at Tiffany’s, has also tried to modernize the brand, among other things through a new visual identity. He also contributed to the international expansion by opening a print temps house in Doha, Qatar in 2022, the first abroad, and in March 2025 one in New York.
Printem tems today employs 3,300 people: inside and operates 30 branches. At the request of AFP, the company did not want to announce its sales, which was 1.7 billion euros in the different financial year 2017/2018.
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