Balenciaga are set to open a new flagship store on Bond Street in London. The luxury Kering owned label has successfully reached an agreement with Russell & Bromley, the British footwear and handbag retailer.
Kering entered talks with the building’s owner to take over the first floor of offices above the store too, therefore giving Balenciaga a new two-story flagship space. Balenciaga reportedly paid $6.2 million to take over the lease, however all parties involved declined to comment.
