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One piece of Paris landed in New York City.
French luxury retail Printempeare officially opened its first US store in the financial district of the United States this week. Peracender, the opening of the article on Friday, celebrated his opening.
A store of 55,000 square meters cover two floors and carries a wide merchandise, including clothing, shoes, bags, makeup and more. About 25% of his brands or not in the United States, or a French luxury name, such as a French luxury name in the United States, such as a French luxury name, Jean-Marc Bellaiche, such as a French luxury name, such as Taylor Swift said.
In an interview with CNBC, Bellaiche aims to distinguish between other luxury players in the store’s eye-catching architecture; A unique blend of popular luxury brands And find the French brands; Programming and services containing beauty and spa treatment and clothing and accessory repair.
Printemps Group was established in 1865 and has 20 departments in France. A restaurant and a restaurant and a restaurant in a restaurant and a cafe, which are a restaurant and a cafe with French shops, a more experienced bent experience with rotating demonstrations of goods that look like and food concepts. His playful design is inspired by Paris’s apartment and a Wall Street, a historic art deco skyscraper.
For example, one of the highlights of the Printemps store is a red room. The art deco style room was decorated with a ceiling in the ceiling with red and gold mosaic by Master Muralist Hildreth Meière and ended in 1931. Previously, I was a bank hall and a bank hall for Irving Trust and banking The internal sign set By the New York City Landmarks Protection Commission.
Printemps restored the room and turned it into the “Shoe Forest” where the buyers can look at the shoe or order a glass of wine in a nearby bar.
The store will also include a beautiful meal restaurant managed by a two-layer top chef finalist, twice the top chef finalist and three-time James Beard Prime Gregory Gourdet. Will be opened in April.
Printemps opens the US store as luxury expenses such as luxury costs around the world. Even some wealthy consumers retreated to arbitrary shopping due to inflation and economic uncertainty. In China, the main market for higher-level goods, luxury costs did not retract until the level of pandemic.
Sales in the global luxury industry, according to a report with Kearney’s consulting last month, up to 1% growth by 2027 each year. In the report, a weaker student among Chinese consumers caused a reduction in economic uncertainty, which approached inflationary pressure and trade violations and Trump leadership.
According to the global luxury costs, the report of the Kearney, global luxury costs increased by about 27%. Global luxury expenses between goods and services are worth about $ 500 billion in 2024.
Again, a partner with Brian Ehrig and Kearney’s consumer experience, which is one of the authors, remains an attractive market for luxury brands due to the sustainability of the United States.
“If you look at the great economy on the relative, we have the most healthy economy,” he said. “And then the other thing, Americans love to shop.”
Ehrig added that other high-level retailers have doubled over investments in large and eye-catching physical stores LvmhTiffany & Co. and the opening of the Louis Vuitton New Stores in New York City. He said that the person’s experience is more critical in a sector where the items came with such high price labels and individual service expectations.
“Being in a luxury retail store, there is something special about the way you care, and when you are there, you are ready to feel like VIP,” he said. “And there is no way to do this online or on an iPhone.”
Are other international retailers with low price points More store expansion and opening in the United StatesIncluding both Irish-based Primark and Spanish Basango.
The US Opportunity for Printemps, especially after the Covid-19 pandemic, more Americans visited and came to the stores, Bellaiche said. In terms of sales, Americans are the third largest spending for Printempi after French and China. However, the Americans connect the gap, and American customers are sold in 2019 and 2024 in 2024.
Luxury focus, Laura Lendrum, Principal CEO, said that the store mixed in more favorable items for a cup of coffee or $ 50 gift, he said.
Here’s a look inside the store: