LVMH Funds $894 Million Renovation of La Samaritaine

Jun 23rd, 2021

Hannah Fink

Photo: Samaritaine's Facebook.

Photo: Samaritaine's Facebook.

After closing in 2005 for safety reasons, La Samaritaine has reopened after undergoing a 30-month, $894 million renovation project by LVMH, per CNN.

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La Samaritaine offers a beauty floor in the restored basement. It is billed as the largest of its kind in Europe at 36,600 square feet.

The store houses 600 brands, 50 of which will be exclusive to Samaritaine Paris Pont-Neuf.

The site features a five-star Cheval Blanc hotel with 72 rooms, 96 social housing units, offices and a crèche (nursery). Several activities will be grouped together within the buildings that are spread over two blocks between the Quai du Louvre and the Rue de Rivoli.

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