Does the Historic Makeover of an Iconic Paris Retailer Chart a Path for Department Stores’ Revival?
Retail TouchPoints
SEPTEMBER 29, 2021
million USD) in renovations, punctuated by a global pandemic, this “grand magasin” has finally, triumphantly reopened its doors under the stewardship of its latest owner, luxury fashion house LVMH. When LVMH first took a majority stake in the store in 2001, it planned to keep the store open while undertaking upgrades and a redesign.
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