Moments Galeries Lafayette Paris flagship Boulevard Haussmann Upmarket French Department Store chain

The Galeries Lafayette (French pronunciation: [ɡalʁi lafajɛt]) is an upmarket French department store chain, the biggest in Europe. Its flagship store is on Boulevard Haussmann in the 9th arrondissement of Paris but it now operates a number of locations in France and other countries. In 2019, Galeries Lafayette recorded earnings of over five billion euros. It is a part of the company Groupe Galeries Lafayette and has been a member of the International Association of department stores since 1960.
Paris Haussmann
Galeries Lafayette Haussmann, the flagship store, is located on Boulevard Haussmann in the 9th arrondissement of Paris, near Opera Garnier, at the corner of Rue La Fayette, close to Chaussée d'Antin - La Fayette Paris Métro station. It is a 70,000 m2 (750,000 sq ft) fashion flagship store. A wide range of brands are available at the store to suit all budgets, from ready to wear to haute couture. The architecture of the store is art nouveau, with a remarkable dome and a panoramic view of Paris that has made it a tourist attraction of the French capital city.Galeries Lafayette in Paris hosts a popular weekly fashion show for visitors.
History
In 1894, Théophile Bader and his cousin Alphonse Kahn opened a fashion store in a small haberdasher's shop at the corner of rue La Fayette and the Chaussée d'Antin, in Paris. In 1896, their company purchased the entire building at 1 rue La Fayette; in 1905 they acquired the buildings at 38, 40 and 42 boulevard Haussmann and 15 rue de la Chaussée d'Antin. Bader commissioned the architect Georges Chedanne and his pupil Ferdinand Chanut to design the store at the Haussmann location, where a glass and steel dome and Art Nouveau staircases were finished in 1912.
From 1921 Maurice Dufrêne directed the Maîtrise workshop of the Galeries Lafayette. This workshop for decorative art and furniture followed the Primavera of the Printemps store founded in 1912 by René Guilleré, Paul Follot's Pomone of Le Bon Marché, and the Studium of the Grands Magasins du Louvre.
In 2018, twenty-two stores in small and mid-sized French cities were turned into franchises and sold to FIB (Financière Immobilière Bordelaise) a company owned by Michel Ohayon. The decision to convert the stores to franchises was done as Galeries Lafayette wanted to focus on expansion internationally and online.
During 2021 eleven stores were franchised with seven sold to Société des Grands Magasins and the three sold to FIB who previously took over twenty two stores in 2018. The eleventh store in Avignon was given to Philippe Sempéré and Nicolas Chambon who also operate the Béziers store.
As of 2022, Galeries Lafayette has opened over 50 stores (including subsidiarised stores) in France alone along with twelve outlet stores.
From Wikipedia, the free encyclopedia
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