Billionaire Bernard Arnault is spending $1 billion on renovating a Parisian luxury department store
LVMH, like other luxury brands, banks on shoppers in Hong Kong and mainland China for a large part of sales.despite the unrest in Hong Kong, however, the new store will likely be a major attraction for tourists coming from the region to Paris.
La Samaritaine, which is already part of LVMH, will open in April, after a 15-year renovation, complete with"restored Belle Epoque glamour, including ornate frescoes, mosaics and wrought-iron staircases," according to Bloomberg which sent reporters to a tour of the department store. It will include"a five-star Cheval Blanc hotel, restaurants, offices, and a Christian Dior-branded spa," according to Bloomberg, while the other half will be filled by luxury brands selling designer perfumes and handbags, tax-free to Chinese shoppers.
So far estimates say the 600 brands in La Samaritaine will attract several million shoppers, Bloomberg says.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
You can still buy $1 homes all over ItalyIt's not too late! Those homes in Italy costing 1 dollar (roughly 1 euro) are still for sale. From Gangi in Sicily to Borgomezzavalle near the Alps, here's your bargain Italian house roundup.
Lire la suite »
10 Healthy Breakfasts You Can Make for Under $1It's possible to eat healthy on a budget: here are ten healthy breakfast options you can make at home for under $1.
Lire la suite »
These 8 Movies Grossed Over $1 Billion at the 2019 Box Office!These 8 Movies Grossed Over $1 Billion at the 2019 Box Office!! (via JustJared)
Lire la suite »
2 men were robbed and beaten on Christmas Eve. The thieves got away with $1, police sayA 60-year-old man is in critical condition after he and an acquaintance were robbed and beaten early on Christmas Eve morning, and the suspects took off with just $1, according to a spokesman with the NYPD.
Lire la suite »
Holidays In Europe: 12 Beautiful Cities With The Best Christmas MarketsFrom the famous Striezelmarkt in Dresden to the medieval Colmar in France, you will find some of the most appealing Christmas destinations in the world.
Lire la suite »
2019 In Tourism: The Year Europe Began Closing Its DoorsWhen we look back on 2019, it will be the year we remember for European cities deciding to limit the number of visitors arriving on its docks and runways.
Lire la suite »