Chinese not welcome in Zadig & Voltaire’s future Paris hotel
According to a report by WWD, French premium fashion company Zadig & Voltaire is opening its first hotel, in Paris. The company took over a gutted private mansion on the Left Bank, on Rue Grenelle, to stage its debut catwalk presentation at Paris Fashion Week. Founder and owner Thierry Gillier revealed the space would house the first Zadig & Voltaire hotel, due to open in 2014.
This was a project dear to our hearts,” he said. “It will be a slightly private hotel, not open to everybody, with 40 rooms. We are going to select guests. It won’t be open to Chinese tourists, for example. There is a lot of demand in Paris — many people are looking for quiet hotels with a certain privacy.”
With the occasion of the ongoing Paris Fashion Week, Thierry Gillier confirmed to WSJ his company’s plans to expand in the U.S., with a fourth store in New York next year, in addition to its existing store in Los Angeles and sales spaces in several Bloomingdale’s stores. In its U.S. expansion, the label will also have support from its shareholder Boston-based private equity firm TA Associates, which bought a 30% stake in the company earlier this year, according to Mr. Gillier.