Galeries Lafayette to open on Champs Elysees in 2018

French premium retailer Galeries Lafayette Group has confirmed it would open a new luxury department store in Paris in an iconic location at 52, Champs Elysee, formerly the Virgin Megastore which closed in 2013. The 8,000 sqm prime commercial real estate is owned by Qatar. Galeries Lafayette CEO reminded proudly that Théophile Bader, one of the founders of the Galeries Lafayette operated a store on the same very location on Champs Elysees back in 1927.

52 Champs Elysees in 1931 – future site of Galeries Lafayette