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Christian Louboutin Opening Chicago Store on Oak Street

Christian Louboutin

Christian Louboutin will open a boutique in the Esquire Theater location on Oak Street, joined by other luxury retailers and an upscale steakhouse.  

The entire project will be about 35,000 square feet, 23,000 square feet of that being the steakhouse. We’ll let you know what luxury retailers will fill the remaining 12,000 square feet. Retail Insiders tell us one of the tenants will be Buccelati.
 
Chicago’s Oak Street has seen an influx of new luxury retailers occupying the former Barney’s New York store at 25 E. Oak Street as well as the former Esquire Theatre. We will provide updates as they arise. 

Christian Louboutin website: www.christianlouboutin.com
Buccelati website: www.buccellati.com
Barneys New York website: www.barneys.com

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Galeries Lafayette Strasbourg Renovates for LUXURY

Galeries Lafayette Strasbourg store

When renovations are complete, the Galeries Lafayette store in Strasbourg will include accessories shops for Gucci, Prada, Balenciaga and Yves Saint Laurent. These will be in addition to other luxury offerings at Galeries Lafayette stores throughout France (see our post on new Gucci boutiques opening at several Galeries Lafayette locations)

The Printemps department store in Strasbourg is also undergoing a luxury transformation. Expect heated competition between Galeries Lafayette and Printemps in various French cities, as each vies for luxury shopping dollars. 

We will keep you updated on further French department store updates. France’s two major chains are in the process of vigorous renovations.

Galeries Lafayette website: www.galerieslafayette.com
Printemps website: www.printemps.com

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Got any retail insider info? insider@retail-insider.com

Saks Fifth Avenue Looking for Canadian Location(s)

Image: Saks Fifth Avenue

A Toronto-based commercial real estate broker has confirmed that his/her company has been retained to investigate, locate and negotiate with Canadian landlords, including Sears Canada, for one or more potential Saks Fifth Avenue stores. Saks is also said to be ‘feeling out’ the market, recognizing the strength of homegrown Holt Renfrew and the possible entry of Nordstrom and Bloomingdale’s (via The Hudson’s Bay Company) into the Canadian retail market.

Saks Fifth Avenue is searching for ‘ideal’ sized retail footprints, generally between 110,000 and 180,000 square feet. Nordstrom has been trying to locate similarly large retail spaces between 135,000 and 260,000 square feet.

This broker notes that Saks would ideally like locations in Toronto (Eaton Centre and/or Bloor Street and Yorkdale Shopping Centre), Chinook Centre in Calgary, and Pacific Centre in Vancouver, BC. We had initially reported that Nordstrom had been in negotiation for these Sears locations.  Saks’ interest could mean the delay or elimination of Nordstrom’s efforts to move into Canada.

We’ll keep you updated on this speculative and potentially exciting development.

Saks Fifth Avenue website: www.saksfifthavenue.com

Retail Insider on twitter: @retailinsider_Retail Insider on Facebook: www.facebook.com/RetailInsider 
Got any retail insider info? insider@retail-insider.com

Selfridge’s Named Best Department Store in the World for Second Time

Selfridges Logo

At the Global Department Store Summit in Paris last week, London’s Selfridge’s was named the world’s best department store for a second year.

Selfridge’s has made strides over the past few years to create a spectacular shopping experience.  It opened a luxury accessories hall called ‘The Wonder Room’, it created the world’s largest women’s shoe store (for now), and just unveiled its new women’s designer floor.

They say a picture is worth a thousand words. Check out these pics of the interior of Selfridge’s, London.

Selfridge’s website: http://www.selfridges.com

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French Fashion Lovers: Zadig & Voltaire is Coming to Chicago, Aspen, Brazil, Australia and South Africa

Zadig & Voltaire

Those familiar with French label Zadig & Voltaire will be excited to know that it has just announces major international expansion plans. It currently has locations in Manhattan and will soon be opening in Chicago and Aspen, CO.

Expansion plans also include Brazil, Australia and South Africa. 

We’ll let you know locations when they’re announced! Stay tuned. 

Zadig & Voltaire website: www.zadig-et-voltaire.com

Retail Insider on twitter: @retailinsider_

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Got any retail insider info? insider@retail-insider.com

Lord & Taylor Coming Back to Florida. First Stop: Boca Raton

Lord & Taylor

Lord & Taylor just announced that it will re-enter the Florida market with an 80,000 square foot store in Boca Raton at Mizner Park. The store will open September 2013 and will anchor the upscale outdoor shopping center that includes such luxury retailers as Jaeger-Le Coultre and Van Cleef & Arpels.

Lord & Talor has been in expansion mode lately, owned by Canadian-based Hudson’s Bay Company.  Company president Bonnie Brooks states “Everyone at Lord & Taylor is thrilled to be re-entering the Florida market with a full-line store”.

Lord & Taylor once had several Florida locations, all of which closed in 2006 during rougher retail times for the company. Fortunes have since turned for the better at Lord & Taylor, led partly due to the obliteration of various American department stores by Macy’s Inc..  Once Macy’s shuttered the Marshall Field’s chain, for example, sales at Lord & Taylor stores in Chicagoland soared.

Lord & Taylor Flagship in Manhattan

Watch for Lord & Taylor to break into the world of high-fashion, including such designers as Balmain and Erdem. Changes are already underway at the Manhattan flagship store, including the addition of Herve Leger women’s clothing, among other designers.

Lord & Taylor website: http://www.lordandtaylor.com

Mizner Park website: www.miznerpark.com

Hudson’s Bay Company website: www.thebay.com

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Manolo Blahnik Opening Two London Shop-in-Stores… Paris Next?

Manolo Blahnik

Manolo Blahnik Boutiques will open at Harrod’s and Liberty in London, Fall 2012. These concessions will be operated by Kurt Geiger, Europe’s largest luxury shoe retailer.

The Harrod’s location will be about 300 square feet, according to sources.

European distribution of Manolo Blahnik shoes has been limited, and is far less than that of American Blahnik availability. That might change if these boutiques are an indicator of things to come. 

A retail insider in Paris, France tells us that she expects Manolo Blahnik to open a shop in Paris’ Printemps department store via its Kurt Geiger concession. Manolo Blahnik is already carried at Printemps in Paris and Deauville via their Maria Louisa designer boutique concession.

We’re dedicating this post to a fabulous fashion fan we met in Edmonton, Canada, now living in swinging London!

Manolo Blahnik website: www.manoloblahnik.com
Harrod’s website: www.harrods.com
Liberty of London website: www.liberty.co.uk
Kurt Geiger website: www.kurtgeiger.com
Printemps website: http://www.printemps.com
Maria Louisa website: www.marialuisa.fr

Retail Insider on twitter: @retailinsider_Retail Insider on Facebook: www.facebook.com/RetailInsider 
Got any retail insider info? insider@retail-insider.com

Nordstrom Opens Prada Accessories Boutique in Downtown Seattle

Clayton at the new Prada Boutique @ Nordstrom, Downtown Seattle (photo courtesy of Nordstrom)

Nordstrom has opened a new accessories boutique at its Downtown Seattle flagship store.

Over the past few years, Nordstrom has taken to opening ‘hard-shops’ in its more productive locations. These hard-shops are designer-dedicated, specifically-built spaces to display various designer wares. 

As of late, Nordstrom has been competing with retailers Neiman Marcus, Saks Fifth Avenue and Bloomingdale’s at the top-end of the hard-shop game, recently opening boutiques for Chanel, Gucci, Prada, Dolce & Gabbana, Marni, Yves Saint Laurent, and others. Some boutiques carry only accessories, while others include ready-to-wear. 

Nordstrom’s Seattle Flagship

While Nordstrom typically caters to a less-wealthy customer than, say, Neiman Marcus, Nordstrom has been attracting more wealthy shoppers as well as ‘aspirational’ shoppers looking to purchase designer pieces. Nordstrom has met this demand with expanded accessory offerings, some of which are contained in newly-added hard-shops. 

Nordstrom website: www.nordstrom.com
Prada website: www.prada.com

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Millions for Vancouver Hudson’s Bay Company Store Restoration

Hudson's Bay Company store, 674 Granville Street, Vancouver BC

Yesterday evening, Hudson’s Bay Company President & CEO Bonnie Brooks announced that the 620,000 square foot Vancouver BC Bay store would be getting a multi-million dollar resoration/renovation. At over $24 million, It will be the most money spent at once on a Hudson’s Bay Company store.

Retail insiders tell us that the store’s 33,000 sub-basement will become a TopShop/TopMan store. The basement will become a food floor not unlike that in Harrod’s of London. The store’s ground floor will receive a complete renovation, possibly with the inclusion of Bloomingdale’s (this is still being negotiated at press time). The entire sixth floor will become a men’s floor, complete with open windows and the restoration of a skylight in an area to house designer men’s clothing (Called ‘The West End Shop’). 

The exterior of the store will be restored, including an exterior cleaning, glass and copper awnings, and black wrought iron awning entrances.

We will post photos when they arrive, and currently have this photo of the new TopShop/TopMan entrance at the 674 Granville Street entrance, below: 

Rendering of the new TopShop/TopMan entrance at 674 Granville Street in Vancouver BC

Hudson’s Bay Company website: www.thebay.comTopShop/TopMan website: www.topshop.com

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TopShop/TopMan to Open Largest International Location in Vancouver BC

Rendering of the new TopShop/TopMan entrance at 674 Granville Street in Vancouver BC

Today it was announced that TopShop/TopMan would be opening a 33,000 square foot location in the sub-basement of The Hudson’s Bay Company in Downtown Vancouver, BC. This will be the largest TopShop/TopMan store outside of England, surpassing the size of locations in Manhattan and Chicago.

A 19,000 square foot TopShop/TopMan will also open on the 2nd and 3rd floors of The Hudson’s Bay Company at Yonge and Queen Streets in Downtown Toronto. A 14,250 square foot location opened inside of The Hudson’s Bay Company at Yorkdale Shopping Centre in suburban Toronto last Fall, 2011.

A massive restoration of the approximately 637,000 square foot Vancouver Hudson’s Bay Company store has commenced and should be complete by the end of October, 2012. Details to follow.

TopShop website: www.topshop.com
Hudson’s Bay Company website: www.thebay.com

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Got any retail insider info? insider@retail-insider.com