Tiffany to open major flagship in Paris on Champs Elysees
American jeweller Tiffany & Co said today it plans to open a multi-storey flagship store in 2014 on a prime location – currently occupied by a fast food restaurant – on the Champs Elysees avenue in Paris.
The new Tiffany location at 62, Champs Elysees covers 10,000-square-feet and will be the second store of the brand in Paris, the existing one operating on Rue de la Paix, just off Place Vendome. The Champs Elysees hosts millions of tourists every year and sports a growing number of luxury outlets like the flagship Louis Vuitton store and US clothes retailers such as Abercrombie & Fitch and Banana Republic.
“Establishing this store on the Champs Elysees will be the ultimate symbol of Tiffany as a truly global luxury brand,” said the firm’s executive vice president Frederic Cumenal. The company currently has shops in the Americas, Asia-Pacific, Japan, Europe and the United Arab Emirates.