The company is set to launch its first US store in the landmark One Wall Street building in Manhattan.
The 150-year old brand is launching its first-ever US initiative and the French department store retailer is moving forward with plans for a two-level, 54,365sq ft store in New York City.
“We plan to pioneer a new format of experiential retail in this fast-changing and demanding market,” said Jean-Marc Bellaiche, CEO, Printemps Groupe. “The US is essential in our international development strategy and opening in New York offers high visibility and growth potential,” said Bellaiche. “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes. It is also a strategic e-commerce market for luxury, fashion, home, and beauty.”
