Jeweller to open 10,000sqft Champs Elysse store in 2014.
Jewellery brand Tiffany & Co. has unveiled plans to open a large flagship store in the heart of Paris in 2014 that will be nearly 2,000 sq ft larger than its previous flagship in the city.
The store on the city’s famous Champs Elysse will span over several levels, covering 10,000sqft.
Tiffany currently has three smaller stores in Paris and earlier this year it was reported that the owner of the 770sqm (8,288 sq ft) store that currently serves as the brand’s Paris flagship was being put up for sale with the building on Rue de la Paix expected to secure more than £25 million, according to the retail agent for the sale CBRE.
Tiffany & Co executive vice-president Frederic Cumenal said: “This is a preeminent location that firmly places Tiffany & Co. on an international stage, in the heart of a city where people from all over the world come to visit and shop.”