Once upon a time, a visit to Paris was not complete without a trip to the soaring Art Nouveau department store of La Samaritaine, on Rue de Rivoli.
A store has stood on the site since 1870, with the present building completed in 1910, and its Art Deco extension added in 1928. It stood as a balconied masterpiece of fluid architecture, and a cornerstone of elegant Parisian life. After falling into disrepair, however, it was forced to close in 2005 for safety reasons.
Now owned by the fashion conglomerate LVMH, it is back, following a $894 million re-fit.
Opened in a grand ceremony on Monday by French President Emmanuel Macron, who described the building as a "wonderful French treasure", it has been brought back to life as a luxury department store, offices and hotel, to draw tourists to the city.
Blessed with a prime location, it has two fronts, one on Rue de Rivoli, facing the bridge of Pont Neuf and the river Seine, and the other, complete with Art Nouveau enamelled signage, sitting on Rue de la Monnaie.
As part of the restoration, it will house five-star hotel Cheval Blanc Paris, which is slated to open in early September, that will feature four restaurants and a Dior spa. With 72 rooms, each will overlook the river. The building will also have office space, and even a daycare nursery.
As Paris’s newest luxury department store, it is already filled with high-end goods, while the basement – all 3,400 square metres of it – has been reconfigured into Europe’s largest, most exhaustive beauty hall.
The decade-long restoration work, undertaken by four different architectural teams, has saved all of the most famous elements of the interior.
This includes the fabled peacock frescoes that lined the top floor, and that have now been returned to their former, shimmering glory, as has the astonishing glass roof that spans the central atrium. The work spans four buildings, one of which will offer affordable housing.
However, not everything has been greeted with enthusiasm. The rippled glass wall fitted to the Rue de Rivoli entrance, replacing a bland 19th-century door, has been dismissed by detractors as resembling a "shower curtain".
While it is seemingly impossible to please everyone, the return of this grand building is a welcome moment for Paris, which has struggled with numerous lockdowns since the start of the pandemic. Now, as the city starts to reopen, the re-emergence of La Samaritaine may mark a brighter future to come.
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Read more:
Cheval Blanc Paris: LVMH's much-awaited hotel to open in September
OWO Residences by Raffles: historic London building where royalty lived and 'James Bond' was filmed – international property of the week
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Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
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- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
The Kingfisher Secret
Anonymous, Penguin Books
The specs: 2018 Jaguar E-Pace First Edition
Price, base / as tested: Dh186,480 / Dh252,735
Engine: 2.0-litre four-cylinder
Power: 246hp @ 5,500rpm
Torque: 365Nm @ 1,200rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.7L / 100km
The bio:
Favourite film:
Declan: It was The Commitments but now it’s Bohemian Rhapsody.
Heidi: The Long Kiss Goodnight.
Favourite holiday destination:
Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.
Heidi: Australia but my dream destination would be to go to Cuba.
Favourite pastime:
Declan: I love brunching and socializing. Just basically having the craic.
Heidi: Paddleboarding and swimming.
Personal motto:
Declan: Take chances.
Heidi: Live, love, laugh and have no regrets.
Brief scores:
Newcastle United 1
Perez 23'
Wolverhampton Rovers 2
Jota 17', Doherty 90' 4
Red cards: Yedlin 57'
Man of the Match: Diogo Jota (Wolves)
Huroob Ezterari
Director: Ahmed Moussa
Starring: Ahmed El Sakka, Amir Karara, Ghada Adel and Moustafa Mohammed
Three stars
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Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
Oppenheimer
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Company profile
Company name: Nestrom
Started: 2017
Co-founders: Yousef Wadi, Kanaan Manasrah and Shadi Shalabi
Based: Jordan
Sector: Technology
Initial investment: Close to $100,000
Investors: Propeller, 500 Startups, Wamda Capital, Agrimatico, Techstars and some angel investors