Paris - After a decade in retreat Marks & Spencer the British retail clothes and food giant has reopened in France. Yesterday, it opened its doors in the French capital. The new three storey shop lies in the shadow of the Arc de Triomphe. Its new £50m 10-year lease makes it one of the most expensive pieces of real estate in eurozone territory.
Marks and Spencer will also launch five other stores in Paris and is now searching for suitable premises for its Simply Food outlets. A French language website has also been launched. While some French housewives pouted their cheeks and shrugged off the opening of the new outlet, other loyal followers of well-heeled French housewives were pressing their noses up against the windows in anticipation yesterday.
“We love their sandwiches, little cakes, shoes, trousers,” said Chantal Bruno and Nicole LeClerceq yesterday. “When the shop closed before, we went to London, because we couldn’t bear not to have M&S clothes. Paris is not the capital of style, Marks & Spencer is.” The French you see have a peculiar love affair for the British retailer.
Category: France / Paris / Marks & Spencer