By
Bloomberg
Printed
March 30, 2025
Dolce Gabbana Srl, LVMH’s Louis Vuitton and Kering SA’s Gucci are set to anchor a brand new luxurious retail improvement in South Africa’s VA Waterfront, in line with the pinnacle of one of many continent’s most visited procuring and tourism locations.
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Cape City’s VA is tripling the dimensions of area accessible for hire to luxurious retailers to nearly 4,000 sq. meters (43,056 sq. ft) in a devoted new wing, David Inexperienced, its chief govt officer, stated in an interview. That comes amid rising demand for high-end items in South Africa’s second-biggest metropolis.
Representatives for Dolce Gabbana and Louis Vuitton didn’t reply to request for remark, and a spokesperson for Gucci declined to remark.