At a cost of some €14 Million ($16.224 million) in annual rent, Apple is set to open up its luxurious Champs-Élysées in Paris later this year. Tentatively, the plan is for the store to open in November and will have a strong emphasis on clean energy and natural lighting when possible. Apple is also making sure that the store, from the exterior, fits with the appearance of Champs-Élysées.
By design, the Apple Store will have two levels of retail space at Number 114 Champs-Élysées with the upper floors will be for office space for the Apple team.
At the same time, Apple will be closing the Carrousel du Louvre store. This location is located underneath the pyramid in front of the Louvre museum. The 200 employees at that location will be given the opportunity to move to this new location on Champs-Élysées or to one of the other stores in Paris. Currently there are three Apple Stores in the French capital.
The location of this new store is right in the heart of Champs-Élysées, one of the most famous shopping districts in the world. It will be right across Champs-Élysées avenue from Louis Vuitton for those who have shopped there in the past.