Chanel, Louis Vuitton size up Adelaide retail sites
International luxury brands Chanel and Louis Vuitton are looking at "multiple sites" in Adelaide for their next store expansion.
Adelaide Central Plaza owner Shaun Bonett confirmed to Property Observer that both retailers were tallks with him about opening stores in his centre. He said the French retail brands werre currenty looking at "multiple sites” in Adelaide and that he would be "delighted if we were able to progress discussions with them."
"We submitted our shopping centre as a centre which they should consider," he said.
UK fashion retailer Topshop also has the Adelaide market firmly on its radar.
Earlier this month, US high-end jeweller Tiffany & Co announce it would be opening its next store in Adelaide Central Plaza. Confidentiality agreements prevented Mr Bonett from disclosing further details about the lease but he said “their store in Adelaide will be very comparable to their Melbourne and Brisbane stores."
Mr Bonett said what was drawing those retailers to Adelaide was its high population, tourism appeal - namely its wineries - and that there was a significant demographic in South Australia that shopped interstate for higher end items.