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Can France's luxury goods business continue to appeal over the long term?

Between emblematic openings and targeted acquisitions, major groups refine their real estate strategy
101 avenue des Champs-Élysées, was acquired by LVMH for over €700 million in 2023. (CoStar)
101 avenue des Champs-Élysées, was acquired by LVMH for over €700 million in 2023. (CoStar)
By Vincent Lepercq
October 31, 2025 | 12:34 P.M.

The skies are certainly not as clear as they were between 2019 and 2023, when luxury goods, driven by unprecedented demand and profits, recorded average annual growth of 5%. However, brands haven't stopped signing leases, and investors are back in the market for retail space.

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News | Can France's luxury goods business continue to appeal over the long term?