“For Fashion Paris is the place to be” – Marc-Christian Riebe
WWD – Americans in Paris
“For Fashion Paris is the place to be. That is why Valentino opened its first men’s store in the world on Rue Saint-Honoré,” said Marc-Christian Riebe, founder and CEO of Zürich, Switzerland-based retail real estate agency Location Group, reffering to the unit across from the forthcoming Tory Burch store.
Beyond the language barrier, chief among inhibitors for Paris retail sojourn is a lack of data about pricing and productivity of various districts, according to Location Group’s Riebe. “Everybody is much more careful than in the past when it comes to new locations “, Riebe said.