Paris’s most-famous avenue, the Champs-Élysées, needs a facelift. That’s the verdict of building owners and retailers located on the street. They are now trying to convince the city of Paris that the avenue is ripe for refurbishment 20 years after its last renovation.
Gwenaël Nicolas has a problem with gravity, likes to present industry leaders with mysterious boxes and is on a mission to make people curious. He is also increasingly sought-after by luxury brands to design retail spaces that shine with intelligence. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.
Unibail-Rodamco SE agreed to sell a French shopping center to Allianz SE and Hammerson Plc, the third mall divestment that the French property company has announced in four months.
BoF compiles the most important professional moves of the week.
Former Daft Punk manager Gildas Loaëc and architect Masaya Kuroki launched the Kitsuné label with a unique blend of music and fashion. Twelve years later, the business is set to generate $15.9 million in annual revenue.
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.