What: Printemps is set to open a new 560-square-meter outlet store in the McArthurGlen Paris-Giverny shopping center in Normandy, offering promotional luxury and lifestyle products.

Why it is important: The new outlet marks Printemps' expansion in the competitive clearance market, reinforcing its presence in the luxury retail segment.

Printemps is preparing to open a new outlet store in the McArthurGlen Paris-Giverny shopping center in Normandy, following its first outlet in Miramas, Provence, opened in 2017. The new 560-square-meter store will offer luxury and lifestyle products at promotional prices and is expected to open in early summer. Recruitment for the sales team is currently underway. This expansion is part of Printemps' broader strategy to enhance its market presence, complementing its network of 20 department stores in France and one in Doha, Qatar, as well as its e-commerce ventures.

Printemps prepares the opening of an outlet in Normandy