Luxury Department Store Galeries Lafayette Repeats Success Formula with Tourist Growth Leap
Parijs, vrijdag, 4 juli 2025.
The iconic Parisian department store Galeries Lafayette Haussmann has delivered a remarkable performance with double-digit growth in the first half of 2025. The spectacular rise is driven by a significant increase in international tourists, with 60% of the annual 37 million visitors coming from abroad. The strategic repositioning and commercial renewal have significantly enhanced the store’s attractiveness. By strategically expanding luxury brands and refining the shopping experience, Galeries Lafayette is not only retaining its traditional customer base but also attracting new global shoppers. Expectations are that revenue will exceed €2 billion by the end of 2025.
Tourist Growth and Luxury Expansion
Galeries Lafayette Haussmann has achieved a remarkable growth in the first half of 2025, with double-digit figures significantly surpassing the expected tourist increase of 9% [1]. The department store welcomes approximately 37 million visitors annually, with a significant proportion of 60% coming from abroad [2].
Strategic Brand Expansion
Galeries Lafayette’s commercial repositioning includes a comprehensive renovation focusing on luxury brands. New boutiques from brands such as Phoebe Philo, Bottega Veneta, and The Row have been added, with special attention to The Row’s 110-square-metre space [3]. Prominent French fashion designers like Jacquemus, Lemaire, and AMI have also been given more prominent spaces [4].
Future Expectations
Galeries Lafayette Haussmann is expected to reach a revenue of over €2 billion by the end of 2025 [5]. As part of their international growth strategy, a new 7,000-square-metre location is even planned in Mumbai, India, scheduled for late 2026 [6].