×
114
Fashion Jobs
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
BROADCAST THE COMPANY
Business Developement
Internship · MUMBAI
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa on Trend p&m, Jamshedpur - 40 Hours - Full Time, Permanent
Permanent · Jamshedpur
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Thrissur Nykaaontrend
Permanent · Thrissur
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Mangalore - Nykaa on Trend Forum Fiza Mall
Permanent · Mangalore
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa Ontrend Pmc, Bareilly - 40 Hours - Full Time, Permanent
Permanent · Bareilly
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Chennai - Nykaa on Trend Vijaya Mall
Permanent · Chennai
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Nykaa Ontrend Mbd, Jalandhar - 40 Hours - Full Time, Permanent
Permanent · Jalandhar
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
By
Reuters
Published
May 25, 2011
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Tourists drive growth at France's Printemps

By
Reuters
Published
May 25, 2011

May 24 - French department store group Printemps expects sales to grow by about 10-15 percent again this year, driven by tourists from China and Russia spending thousands of euros in its Paris stores.

Printemps
Le Printemps department store in Paris (Photo: Corbis)

The average amount for which tourist shoppers are filing tax refunds is more than 700 euros ($987), with Chinese and Russian customers spending in excess of 1,000 euros each, Chief Executive Paolo de Cesare said on Tuesday.

"The Russians are coming back," Cesare told the Reuters Global Luxury and Fashion summit in Paris. "There's a direct correlation between the oil price and the number of Russians coming to our store."

Italian-born Cesare said the rise in sales showed a "strong performance" in the current economic environment and said the group was gaining market share in a stable French apparel market.

He said the top end of the luxury market was outperforming.

"The higher-end customers don't want to trade down," he said. "Even if times are tough, they stay with the brand."

Printemps, which traces its roots back to 1865, has 17 stores in France, but its growth is currently driven predominantly by its flagship Paris store, famous for its art deco cupola.

Cesare said Printemps would open its first new store in 30 years at the end of 2013, in St Jean de Cannes, between Cannes and Nice on the French Riviera.

The CEO called on France to do more to ensure Paris remained attractive as a tourist destination, such as relaxing Sunday trading laws.

"We need to understand that the tourist flows going forward will be Asian," he said.

By Victoria Bryan and Pascale Denis
(Editing by James Regan)

© Thomson Reuters 2021 All rights reserved.