Under the motto: a city can never have enough shops Chanel, the fashion house has decided to open a new store on New Bond Street in London.
Chanel currently has nine stores in London, ranging from a shop in Selfridges to a jewelry boutique on Bond Street, but tenth Chanel shop is already being planned. For this store Chanel has her put her mind at the luxury London’s New Bond Street shopping.
Unfortunately for Chanel is such a location is associated with a lofty price. It had first fashion house more than 4.8 million euros to count down the previous tenant to leave the premises. In addition, they also have approximately 2.8 million euros to pay rent, according to the Financial Times a record amount for this location.
Of course Chanel is not affected so deeply into their pockets for just one boutique, the store is because a real flagship store. We should only have to wait before we can visit the new Chanel boutique. The store probably will open its doors until next year at 158 New Bond Street.