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Louis Vuitton refused to rent a boutique in TSUM

Boutique Loius Vuitton vacated the previously occupied areas in the shopping center TSUM on the capital street Bolshaya Dmitrovka. At the same time, a similar thing happened in the company’s stores in St. Petersburg and Sochi.

Louis Vuitton refused to rent a boutique in TSUM
07.03.2025
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📝 Summary

Boutique Loius Vuitton vacated the previously occupied areas in the shopping center TSUM on the capital street Bolshaya Dmitrovka. At the same time, a similar thing happened in the company’s stores in St. Petersburg and Sochi.

RBC reports. However, the French house of luxury clothes noted that they retained two more sites in Russia. However, as for the lease in TSUM, the company decided not to extend the existing lease agreement. It expired at the end of November 2024. In addition to the commercial premises, the office was also vacated. The Louis Vuitton mall occupied 88 square meters. In St. Petersburg, a point on Nevsky Prospect was closed, and in Sochi – on Voikov Street. In the spring of 2022, the company temporarily closed its stores in Russia.

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