87 206
Fashion Jobs
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · CLERMONT
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · DACULA
KOHLS
Technical Project Manager, Remote
Permanent · MENOMONEE FALLS
NAVY EXCHANGE
Vending Operations Clerk PT
Permanent · FALLON
NAVY EXCHANGE
Director, Facility Design %26 Construction
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i And Level II) - Various Categories
Permanent · VIRGINIA BEACH
SPECIALIZED
Brand Development Manager - Michigan
Permanent · LANSING
ECCO
Third Keyholder
Permanent · ELIZABETH
ECCO
Third Keyholder
Permanent · LAS VEGAS
ECCO
Sales Manager - National Accounts (Remote)
Permanent · LONDONDERRY
ECCO
Third Keyholder
Permanent · ROSEMONT
LULULEMON
Community Specialist | Summit, Springfield Ave
Permanent · SUMMIT
LULULEMON
Expeditor | Cherry Creek
Permanent · DENVER
LULULEMON
Community Specialist | Friendly Center
Permanent · GREENSBORO
NORDSTROM
Customer Service Representative - Hillsdale Shopping Center
Permanent · SAN MATEO
NORDSTROM
Retail Stock - Mercer Mall Rack
Permanent · LAWRENCE TOWNSHIP
NORDSTROM
Manager- Service Experience- Baton Rouge Mall Rack
Permanent · BATON ROUGE
NORDSTROM
Retail Stock - Sugar House Rack
Permanent · SALT LAKE CITY
NORDSTROM
Asset Protection - Agent - Aventura
Permanent · AVENTURA
NORDSTROM
Retail Stock - Northwoods Rack
Permanent · SAN ANTONIO
NEIMAN MARCUS
Business Manager Tom Ford, Beauty (PT, 35 Hours) - FT. Worth
Permanent · FORT WORTH
NEIMAN MARCUS
Sales Manager, Designer Rtw
Permanent · CORAL GABLES
Published
Nov 21, 2012
Reading time
2 minutes
Download
Download the article
Print
Text size

Galeries Lafayette to open in Istanbul

Published
Nov 21, 2012

The Lafayette group is continuing its quest for international business. The department store retailer had already announced projects for Beijing, Istanbul and Doha and has now selected its official partner for the Turkish metropolis of Istanbul. The ink is drying on a deal with Demsa for the opening of a flagship store sometime in 2015. "The sales floor will cover around 9,000 square meters," said a company spokesperson in Paris. Both partners were in negotiations for a long time, as far back as the summer of 2011 when the joint-venture was first reported in this publication.


Demsa is a quite a heavyweight in Turkey's fashion and luxury business, already partners to brands such as Harvey Nichols, Guess, Salvatore Ferragamo, Michael Kors and Gerard Darel. Like the Casablanca Galeries Lafayette located in the Morocco Mall, the Istanbul store will benefit from its location in a shopping center, the Boulevardi Mall. The mall is also home to "upscale apartments, a 5-star hotel, a cinema and a large number of ready-to-wear shops," said the French group in a statement. But the developer of the Istanbul mall is none other than Emaar Turkey, the Turkish subsidiary of Dubai-based Emaar Properties group, already operating the Dubai Mall and partner to Galeries Lafayette in Dubai.

Galeries Lafeyette's international expansion is meant to serve as a spearhead for the next few years. At one point, the company had gotten rid of all its stores outside of France, only keeping the Berlin location, opened since 1996 and operating in the red for years. The chain now has stores in the German capital, Dubai and Casablanca. The next openings are scheduled for 2013 in Jakarta and Beijing, followed by Doha in 2014 and Istanbul in 2015. All international stores are operated as franchises except the Berlin and Beijing locations. In China, the Galeries Lafayette Group has formed a joint venture with the Hong Kong giant IT Holding.

Copyright © 2024 FashionNetwork.com All rights reserved.