Want to invigorate your business? Try a little art. This year’s hot retail trend is to combine retail spaces with galleries
Text Boyd Farrow
- Louis Vuitton has shown real initiative in using art to drive commerce. Even before Paris’s Sunday trading laws were relaxed last autumn, the luxury firm had special permission to open its flagship Champs-Elysées store seven days a week because of a “fashion museum” on the second floor. Its profits increased by 8% in 2007. www.louisvuitton.com |
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- Hermàs sponsored a Europe-wide show featuring eight young video artists, and last year the firm’s profits increased by 7.3%. The Paris fashion house also shows video art on its website. See the virtual gallery, Encounters, at www.hermes.com. |