May 15, 2017
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Balenciaga preps new Paris store; hires four new senior executives

May 15, 2017

Demna Gvasalia is keeping things busy at Balenciaga. Two months after staging the most acclaimed show of the Paris fashion season, Balenciaga is preparing a major new store on Avenue Montaigne, the famed shopping strip. The boutique will be located at 57 Avenue Montaigne, in what Parisians call the Golden Triangle, the area demarcated by Avenue Montaigne, Ave George V and the Champs Elysees.

Balenciaga's High-Tech Warehouse Style rue St Honoré Boutique - DR

 The new store will be in the style used by Gvasalia when he radically revamped Balenciaga’s boutique on rue St Honoré in March. Behind huge plate glass windows, clothes are hung from high-tech steel tracks running diagonally beneath silver fire protection piping. Designed as a high-tech warehouse, the space also includes aluminum foil ceilings, changing rooms in cast concrete, and scattered leather benches.
The 400-square-meter space is due to open in September, according to a company spokeswoman. It has been the site of multi-brand boutique Montaigne Market. The new flagship will house a full range of men’s and women’s fashion and accessories. Worldwide, Balenciaga has a network of 115 stores. Balenciaga already boasts stores on nearby Avenue George V and on rue de Varenne on the Left Bank, along with shop-in-shops in Paris three main department stores.

The opening underlines Balenciaga’s rebound under the guidance Gvasalia, after the troubled times of his predecessor Alexander Wang and the confusing boutiques of Nicolas Ghesquière, who hired a video artist, Dominique Gonzalez-Foerster, and not an architect to create bizarre concept spaces.
Spanish-born Cristóbal Balenciaga opened his own maison in 1937 at 10 Avenue George V with his debut collection in Paris, after closing his business in Spain due to the Spanish Civil War.  In a curious symmetry, Gvasalia, the house’ current designer, fled his home city of Sukhumi on the Black Sea, during a period of ethic cleansing against the Georgian population in the Georgian-Abkhaz conflict in the early 1990s.
Separately, Balenciaga’s CEO Cédric Charbit, who joined the house in November from Saint Laurent, enlarged his management team with four important hires.
Daphné Cousineau was named President Europe, overseeing Balenciaga’s retail, wholesale and franchises in Europe, the Middle East and Africa. Laura du Rusquec was appointed director of strategic projects, in charge of managing initiatives to improve the house’s retail performance. Caroline Bonnet-Maes was chosen as Worldwide Director of Human Resources. And, Alexia de Courcel became global merchandising director for Balenciaga’s men’s and women’s lines across all categories.

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