Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Richemont Looking to Open Giant Paris Watch Store, Tribune Says

Cie. Financiere Richemont SA, the parent of Cartier jewelery and Jaeger-LeCoultre timepieces, plans to spend 70 million euros ($94 million) to open the world’s biggest luxury watch store in central Paris, La Tribune reported without naming its sources.

Richemont is prepared to pay as much as 15 million euros to facilitate the departure of Old England, an apparel and accessories shop near the Printemps and Galeries Lafayette department stores, and take over the space, the newspaper said.

The goal is to lure Chinese tourists who now spend more than 600 million euros annually in France, including at Galeries Lafayette and Printemps, according to La Tribune.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.