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Balenciaga to open a new store on London’s Bond Street

Balenciaga to open a new store on London’s Bond Street

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The luxury brand Balenciaga just signed an agreement to open a new flagship store on London’s iconic Bond Street. The company, owned by the Kering group, reportedly paid 6.2 million dollars to take over the lease from British retailer Russell & Bromley.

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One of France’s best-known fashion houses has concluded an agreement with British shoe and handbag retailer Russell & Bromley Ltd to take over the lease of its store on New Bond Street, London’s most exclusive shopping street, according to people close to the case, who however asked not to be identified as the agreement is confidential.

 

According to the same sources, Kering also concluded a separate agreement with the owner of the building, the City of London Corp, to take over the first floor of the offices above the store, giving Balenciaga a new two-storey flagship space.

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Featured photo : © Balenciaga

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