Galeries Lafayette to open in Istanbul, Turkey
Turkish retailer Demsa Group which already operates in licensing the two Harvey Nichols department stores in Turkey (Istanbul and Ankara) has reached a strategic partnership agreement with Paris based Galeries Lafayette to develop a luxury department store in Istanbul, within the Boulevardi luxury mixed use complex developer by UAE’s Emaar Group.
Established in 2000, Demsa Group brought many famous brands to Turkish consumers. Demsa Groups store chain has 108 different outlets spread all over Turkey, and employs more than 1000 people in a 40.000 m2 area with its well-established position in the sector. Demsa Group includes Demsa Group Fashion, Demsa Group Luxury and Demsa Group Real Estate brands.
Demsa Group represents additional brands like DVF, ElieTahari, Juicy Couture, SalvatoreFerragamo with Shop in Shop concept. And more premium brands like Longchamp, Kurt Geiger and MichealKors have their own mono stores. Demsa Group is also preparing to bring Salvatore Ferragamo, ElieTahri, DVF and Tom Ford to Nisantasi with Hotel Macka project and offer them to the needs of Turkish consumers. Finally Guess,Mothercare, Laura Ashley, Charles &Keith brands are included in Demsa Group Fashion.