Galeries Lafayette news and archive

Galeries Lafayette forms joint venture with China’s Hopson Group

French department store group Galeries Lafayette has established a joint venture with China’s real estate firm Hopson Group as it looks to bolster its plans to scale in the region. Through the strategic partnership, Galeries Lafayette is hoping to build up its roll out in China, stepping up the pace of openings to reach 10 stores by 2025, while...

Business

France's Ohayon empire and its string of subsidiaries

Bordeaux - Chain shops but also palaces, buildings, coffee, wine, higher education institutions or a spa: French businessman Michel Ohayon, who has recently been in the sights of the Paris public prosecutor's office, has invested in just about everything with his family. After the liquidation of clothing chain Camaïeu and the receivership of Go...

Retail

Galeries Lafayette will open two stores in India

Galeries Lafayette announced on Thursday the confirmation of a partnership with the Indian group Aditya Birla to develop its presence in India, where the French group plans to open two stores in 2024 and 2025. In order to "pursue [its] international deployment strategy", the Galeries Lafayette have entered into an "exclusive partnership" with...

Business

Galeries Lafayette launches B2B insights platform

French department store chain Galeries Lafayette has revealed a new B2B platform that provides consumer insights for the company’s partner brands. Entitled ‘Tailored Insights’, the platform utilises data to analyse customer behaviours, which is then provided to brands, giving them the opportunity to better understand Galeries Lafayette customers...

Retail

Galeries Lafayette Haussmann to reveal space dedicated to wellness

Paris department store Galeries Lafayette Haussmann has said it will be unveiling a new space in its main Cupola building, completely dedicated to wellness offerings. To be opened this coming summer, the location will span an entire 3,000 square metre floor and aims to “democratise access to wellness”, a sector the retailer said is still “highly...

Business

Galeries Lafayette selects new CEO of La Redoute

As part of Galeries Lafayette’s takeover of French retailer La Redoute, the luxury group has selected a new chief executive officer to take the e-commerce company into its next chapter. It comes as Galeries Lafayette begins to increase its stake in the retailer, from the 51 percent it has held since 2017 to a full 100 percent stake that will...

People

Arthur Lemoine named buying director of Galeries Lafayette

Galeries Lafayette has appointed Arthur Lemoine their new buying director. Lemoine will step into his new role on February 1. He succeeds Marianne Romestain. Lemoine will be responsible for Galeries Lafayette’s online and brick-and-mortar channels. Lemoine is a longtime veteran of Galeries Lafayette and a longtime member of the group’s buying...

FashionFeatured

The most iconic department stores around the world, ranked

Department stores have long been a staple in the shopping world. They are the markers of a downtown shopping area, the axis upon which one plans their day out on the town. And despite the rise in online shopping, and downfall of many department stores during the Covid-19 crisis, there are certain giants that continue to be seen as truly iconic...

Retail

Pangaia unveils climate positive space in Paris’ Galeries Lafayette

Ethical clothing brand Pangaia has revealed its first physical brand experience in France, in a partnership with Galeries Lafayette. For the temporary exhibition at the luxury department store, based in Paris, the label has developed an immersive experience inspired by its commitment to ‘high tech naturalism’. The label worked with Galeries...

Retail

The Alkemistry launches first pop-up in the Middle East

London-based fine jewellery brand The Alkemistry has launched its first pop-up in the Middle East. The pop-up will be located within Galeries Lafayette in Doha, Qatar from this November and will showcase new designs from The Alkemistry’s most popular female designers alongside their very own unique and creative collections, as well as exclusive...

Retail

Galeries Lafayette store group could face 1 billion dollar loss

Galeries Lafayette, arguably France’s most famous high-end department store, could face a 1 billion dollar loss as it struggles in the wake of the coronavirus lockdown. “It is very hard. We reopened the Champs Elysees store on May 11 but we have to face the fact that a lot of customers are missing,” Galeries Lafayette Chief Executive Nicolas...

Business

Galeries Lafayette acquires majority stake in Mauboussin

French retail group Galeries Lafayette has joined forces with Mauboussin’s Chairman Alain Némarq to acquire the watch and jewelry brand for an undisclosed amount. The move signals Galeries Lafayette’s intention to grow in this segment, as the transaction is announced four months after the opening of a new department store at Champs Elysées...