French retailers reel after weekend of riots, looting
Representatives of the French business community gather for a crisis meeting with the government following widespread looting during the weekend's protests. Meanwhile, the country's tourism sector fears a drop in winter holiday bookings, and bond and currency traders sell off French debt and the euro.
Following violent protests over the weekend, French business leaders are calling for immediate action to restore order and protect their storefronts from further looting. Around 1,500 businesses were targeted in the unrest, with CEO of Carrefour Alexandre Bompard condemning the violence in a statement on social media. In a forceful message, Lacoste CEO Thierry Guibert expressed his concerns, stating that looting is antithetical to entrepreneurship and puts the livelihoods of thousands at risk.
Bompard emphasized that those who attack the work tools of entrepreneurs must face an uncompromising response. Retail group Les Mousquetaires, led by Thierry Cotillard, also condemned the looting, calling it completely unacceptable and offering support to their affected members and teams.
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- French business leaders call for order after riots and looting: 'The Republic must protect its shopkeepers!' businessinsider.com
- French retailers reel after weekend of riots, looting france24.com
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