
Closing of colette, let’s look back on the evolution of the “rue Saint-Honoré”
The famous concept store colette will close its doors on December 20th.
colette will hand over the keys of 213 rue Saint-Honoré on December 20, 2017, and the whole web has been moved since the Instagram Publication:
“As all good things must come to an end, after twenty wonderful years, colette should be closing its doors on December 20th of this year. Colette Roussaux has reached the time when she would like to take her time; and colette cannot exist without Colette.”

Rihanna, Pharell, Drake, Kate Moss ... The biggest stars of the planet came to present their limited edition collections in this temple of fashion, with a huge success at every time.
This address is then a symbol, so it is not surprising that Saint-Laurent will take over the site.
This information was communicated to the team at the same time as the announcement, through this FB / Instagram publication. A secret negotiation, since the team discovered the news almost at the same time as it was published. Then, we only have a few months to enjoy the offers of the shop before seeing the sign, and its owner, going away from that famous street.
colette leaves an imprint behind: The “Rue Saint-Honoré”
colette has been a major player in the strong revaluation of the district over the years. The leading luxury brands have successively opened their boutiques in this Parisian square which has become one of the most exclusive and expensive in the capital.
Since the growth of the street continued to the west where the big groups are now engaged in a business war, at the corner of the Place Vendôme, LVMH will invest at the end of 2017 a huge mansion: Hotel Heuzé de Vologer. A little further up, at the corner of Duphot Street lies Lagerfeld. Fendi also took place in the building of the Court of Accounts and Longchamp now is on two of the corners of the street. Not forgetting as well, the house of Couture Chanel street Cambon here since decades.
These prestigious brands go beyond retail to combine art with the experience of consumption, colette is a wonderful illustration.
Kate Spade, considered one of the brands of the moment in New York, opened its first 185 m2 boutique in France to present its ready-to-wear collections and other fashion accessories. The jeweler David Morris made the same choice to approach the Parisian clientele by moving to 364 of the street, right next to the Place Vendôme. All this completed by the Hotel Costes which will soon complete its project of extension on the former Hotel Lotti.
Following all these installations, residential property prices soared to over 15,000 euros per square meter. This evolution stands for a profound rise in the rue Saint-Honoré, witness to an exceptional offer in terms of luxury shopping. This is a huge asset today in the eyes of many houses and brands. The rue Saint-Honoré is, like Saint-Germain or the Champs-Élysées, one of the Parisian sites on which investors rush. The neighborhood is synonymous with modernity and a singular spirit, so well presented by Colette Roussaux.
