Fnac des Champs Élysées closes: stock clearance sale finally cancelled

Published by Audrey de Sortiraparis · Photos by My de Sortiraparis · Published on January 5, 2025 at 02:20 a.m.
The giant Braderie at Fnac Champs-Élysées has been cancelled for security reasons. The store has definitively closed its doors, ahead of schedule.

It's official ... Fnac des Champs-Élysées has closed its doors for good, and the giant braderie, initially scheduled to run until January 12, 2025, will no longer take place. What was supposed to be a fanfare farewell, with tempting promos to clear out stock, has turned into a hasty end.

No XXL promos, no last lap

On Friday January 3, as soon as the braderie opened, an impressive crowd crowded in front of 74 avenue des Champs-Élysées. Barely an hour later, management decided to close the gates in the face of a 200-meter-long queue, citing security reasons. This interruption was only temporary, and the store announced that it would reopen on Monday, with a more sophisticated organization, including a ticket system. However, on Saturday January 4, the Fnac Darty group declared the store closed for good, cancelling any resumption of the event.

Why is Fnac leaving the Champs?

There's a simple reason for the store's closure: the avenue has changed. This event once again confirms the end of an era when culture and accessibility were combined, giving way to a more luxury-oriented approach and an international clientele. As a result, Fnac found itself in the red, with exorbitant rents and declining customer numbers. This unfortunate combination prompted the management to take a radical decision, which was nevertheless deemed "economically reasonable and socially responsible".

La Fnac des Champs-Elysées, contrainte de fermer ses portesLa Fnac des Champs-Elysées, contrainte de fermer ses portesLa Fnac des Champs-Elysées, contrainte de fermer ses portesLa Fnac des Champs-Elysées, contrainte de fermer ses portes Fnac on the Champs-Elysées forced to close its doors
Another store closes its doors on the Champs-Élysées... The Fnac store on the Champs-Élysées has announced its closure to the unions, at the end of 2024. The store, which has been "heavily loss-making for many years", has no choice but to close. [Read more]

What next?

The future of this legendary address remains a mystery. Although there are rumors of "a large, popular chain", no official announcement has yet been made. The only certainty is that the next occupant will have to juggle high costs and fierce competition to win over a demanding clientele.

A swift end to the game for Fnac des Champs, which is silently fading away, far from the last cultural and commercial celebration ...

Practical information

Location

74, avenue des Champs-Elysées
75008 Paris 8

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