The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
A luxury concept store in Paris’s posh 8th arrondissement is shutting down after 17 years in business, its founder Liliane Jossua said in a post on Instagram Tuesday.
Montaigne Market, which had relocated from Avenue Montaigne (the shopping destination known as the birthplace of Christian Dior) to nearby Avenue Matignon last year, was known for its girly edit of luxury items mixing unabashed jet-set glamour and more laid-back, bohemian-chic looks.
The shop sold Paris luxury stalwarts like Saint Laurent and Balmain, as well as being an early champion of contemporary Paris houses like Isabel Marant and Alexandre Vauthier.
Even before the pandemic, the 8th arrondissement’s shopping district anchored by top-end hotels like the Plaza Athénée and Bristol, had been struggling to bounce back from Yellow Vest protests which saw stores ransacked and their windows regularly barricaded during 2018 and 2019.
Dior veteran Olivier Bialobos has balanced heritage, innovation and unprecedented scale as he steered communications through the tenures of a succession of designers and three CEOS. "Desirability — not just visibility— has to be the target," he told BoF in The State of Fashion 2024.
At an investor day in New York, the Italian luxury group laid out plans for newly acquired Tom Ford, as well as Thom Browne and its namesake Zegna label.
Sebastien Fabre will lead the Paris-based vintage start-up as it seeks to scale its platform and extend sourcing operations to the US.
The actress and humanitarian discusses the project and her broader fashion ambitions with BoF founder and editor-in-chief Imran Amed in an upcoming episode of The BoF Podcast.