PARIS, France – German-born designer Karl Lagerfeld has announced that the opening of his first concept store in Paris is set to take place March 1.

Karl Lagerfeld, who will unveil his first line of watches on February 28 during Paris Fashion Week, will also launch his latest project. The new concept store spanning two floors, at over 2,150-square feet, will be located at 194, Boulevard St-Germain, the famous Rive Gauche shopping location.

The Karl Lagerfeld concept store will host a selection of pieces from the designer's namesake label, Karl Lagerfeld Paris. Alongside his main line will be books, accessories, and a range of limited-edition items from his numerous collaborations.

Fashionistas and fans will be able to follow the opening celebration online, on February 28 at 8:30 PM CET via Karl Lagerfeld's website and Facebook page.

As well as creating multiple fashion collections for his namesake label, creative dynamo Karl Lagerfeld works with Chanel and Fendi. He has also teamed up with brands like H&M (2004) and Coca-Cola (2010 and 2011).

Copyright AFP Relaxnews, 2013.