GALERIES LAFAYETTE news and archive

Paris retailers evacuate stores, protests jeopardizing holiday sales

Fashion retailers such as Galeries Lafayette, Printemps, Zara and Mango had to evacuate customers and shut their doors last Saturday (December 1) as the third weekend of protests in Paris became violent. About 5,000 gilets jaunes (“yellow vests”) marched down the famous avenue on Saturday, manifesting their discontent about a new fuel policy and...

Business

Richemont partners up with Galeries Lafayette’s startup accelerator program

Compagnie Financière Richemont, which owns 17 luxury brands including Montblanc, Cartier and Chloé, has signed a partnership with Lafayette Plug and Play, the accelerator program for retail and fashion startups developed by Galeries Lafayette Group. “We are very pleased to welcome Richemont as one of our corporate partners, alongside Maus Frères...

Retail

Galeries Lafayette opens new store in the heart of Paris

Galeries Lafayette, one of the most famous department store chains in the world, is set to open one more flagship store in Paris, in the second half of 2019. The new shop, which is to span over 8000 square meters and four floors, will be located at the Beaugrenelle shopping mall, in a space previously rented by Marks & Spencer. "This opening...

Report

Galeries Lafayette acquires 51 percent stake in La Redoute

The Galeries Lafayette group, via its holding company Motier has acquired a 51 percent majority stake in La Redoute following the approval of the relevant French and international regulatory authorities. The company said in a statement that the Galeries Lafayette group maintains its objective of owning 100 percent of La Redoute in the future....

Report

Galeries Lafayette appoints Gopal Jinnuri as Flows Director

Galeries Lafayette has appointed Gopal Jinnuri to the newly-created position of Flows Director for Galeries Lafayette and BHV Marais, effective May 2, 2018. The company said in a statement that Jinnuri will support the acceleration of the company’s omnichannel transformation and head IT and merchandise flows both online and offline. He would...

People

Galeries Lafayette names creative director of Champs-Elysées flagship

French department store group Galeries Lafayette has named Clara Cornet as creative and merchandising director of its future Champs-Elysées flagship store, which will open in Paris in 2019. Cornet, a former senior buyer at Opening Ceremony and buying director at The Webster, will be responsible for the “unique and exclusive selection of brands...

Fashion Featured

Haute Couture and know-how (I): The calligraphy of Nicolas Ouchenir

Often seen as a real door-opener, an invitation to attend a collection presentation takes on a special character when crafted by the fingers of Nicolas Ouchenir. This famed calligraphist is now in demand by all the luxury fashion houses. Chloé, Céline, Loewe, Sonia Rykiel, Christian Dior, Chanel, Prada, Rochas, Hermès, Maison Margiela, as well...

Management

Galeries Lafayette sets its sights on taking over La Redoute

Galeries Lafayette is eyeing up La Redoute for a future take over. The retail company is set to acquire a 51 percent stake in the French brand, and plans to expand its share in La Redoute to 100 percent in the future in order to strengthen its e-commerce division. “The combination of the two businesses with their iconic brands would allow to...

Fashion

Vetements collaborates with 18 designers for SS17

Streetwear label Vetements, best known for its cult DHL t-shirts and oversized hoodies, is taking the concept of collaboration to a whole new level. The Parisian 'design collective' has caused another ripple within the industry by teaming up with not one, not two, but 18 different fashion brands for its spring/summer 2017 collection. Set to be...

People

Galeries Lafayette taps Matthieu Caloni

Matthieu Caloni has been tapped by Galeries Lafayette to be the company's strategy and transformation director of their Galeries Lafayette and BHV Marais department stores. 41-year-old Caloni succeeds Marc Ricardi, who left the company. Caloni's nomination took affect April 18, and he will report to Nicolas Houze, chief executive officer of the...

Retail

Paris luxury shops to open on Sunday

Tourists flocking to the French capital will now be able shop at luxury shops that line the Champs Elysees and the Place Vendome on Sundays as a key government reform comes into effect. An agreement between luxury shops and employee unions on Sunday hours has come into force, said Sylvie Zawadzki, who heads up tax and social issues at the French...

Retail

Galeries Lafayette, BHV Marais showcase Etsy designers

Designers who present and sell their creations via the online marketplace for handmade goods and crafts, Etsy, now have a chance to enter two Parisian department stores, Galeries Lafayette and BHV Marais. From April 13 to May 7, Parisians and those visiting the fashion capital will be able to see creations by French Etsy designers at BHV Marais,...