VUITTON, TOM FORD and YSL open monobrand boutiques in Beirut by end of 2010
Louis Vuitton, Tom Ford and Yves Saint Laurent are set to open monobrand boutiques in the Lebanese capital of Beirut by the end of this year. Vuitton and YSL are located with the Downtown area while Tom Ford opens at Rodeo Luxury Shopping on Corniche, by the newly opened Four Seasons Hotel. Other recent major monobrand openings in Beirut: Chloe, Dior, Burberry, Berluti.
Current political stability has been generating a boom in Lebanon’s economy, with a 40% increase in the number of foreign travellers, mostly from GCC countries. Rolls Royce, Ferrari and Porsche are registering a 10% increase in sales, all three brands being represented with a stand alone show room in Beirut.