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Gucci to open a giant flagship in Paris



French fashion giant Kering has purchased retail space in a prestigious location on Rue Saint-Honoré.
Gucci Paris

French fashion giant Kering has announced the purchase of retail space in a prestigious location on rue Saint Honoré in Paris. The company plans to open a new Gucci flagship store near Place Vendôme.

The store will have a total area of about 21,500 square feet. Previously Annick Goutal, Ladurée and Espace Castiglionne stores and the Carré des Feuillants restaurant are now closed and the company is preparing to open its new flagship.

The property, which was acquired by Kering structures, includes a building with seven floors with a mezzanine. The new Gucci flagship will be located directly opposite the central Louis Vuitton store.

Earlier, the company has already sent a petition for the beginning of construction and reconstruction works to the controlling bodies of Paris. Franklin Azzi Architectural Studio was commissioned to design the extensive renovation of the building.

More about shopping malls in France



TODAY, Australia:
The U.S. lingerie giant disclosed plans on Wednesday to open the store in the Highpoint Shopping Centre.
YESTERDAY, India:
Bershka's inaugural brick-and-mortar store in India is slated to open in Mumbai this November.
DAY BEFORE YESTERDAY, USA:
Ross will open 21 new Ross Dress for Less stores and three DD's Discounts stores across 17 states.
Jul 22, 2024, Italy:
The 120-square-meter boutique is strategically situated near the iconic Spanish Steps in Rome.
Jul 19, 2024, France:
This prime location places it in the heart of the Marais district.
Jul 18, 2024:
The acquisition is expected to finalize by the end of 2024.
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