All over the world, various fashion houses are fighting fiercely with each other for every buyer. There is no surprise that they are trying to establish their boutiques on the most famous, luxurious, and prestigious streets in the world. It goes without saying that these honorable and exclusive places cost their owners a very large sum of money per year. So, which streets are considered the most expensive around the world and where to find them?
This enchanting megalopolis can boldly boast the epithet of the world’s most luxurious shopping streets. The price of rent calculated for 1 m² per year in four quarters around the famous Lan Kwai Fong district of restaurants and bars costs approximately $41,548. Undoubtedly, only the most expensive brands in the world can afford to spend such sums of money. Fashion brands such as Louis Vuitton, Piaget, Gucci, or Armani have very impressive stores here.
The world’s most famous fashion houses have not forgotten to open their boutiques in the most expensive places of the Big Apple city. Madison Avenue, Fifth Avenue, and 57th Street are home to a plethora of famous and luxury stores such as Tiffany, Tom Ford, Lanvin, and Louis Vuitton. In the list of the most luxurious shopping streets in the world, these three places won the silver medal for the largest city in the United States, because about $26,612 rent per year per must be paid for 1 m² here.
Pito Street in Sydney, the busiest city of Australia, is a little behind New York when we are talking about the rental prices. This street is famous not only for the huge rental price of $12,000 for 1 m² per year, but also for the exclusive Bottega Veneta, Christian Louboutin and Diane von Furstenberg stores that are opened here.
In Tokyo, the capital city of the Rising Sun country, exclusive branded fashion houses and shops are located in the Ginza district. Here on the main street, you can see the boutiques of Gucci, Armani, Coach, Tiffany, Calvin Klein, Ralph Lauren, and many others. Sellers located in this prestigious location must pay about $11,000 a year for 1 m².
London has a many streets and neighborhoods where you can find your favorite shop. Of course, the famous Meifer, Knightsbridge, Westfield (we will remind you that this street is home to the largest luxury shopping and leisure center in Europe called Westfield) and, of course, the prestigious Oxford Street are offering to choose from many luxurious places. However, the top-notch shops are located on Bondo Street. There are not only shops of well-known clothing designers, but also shops of famous jewelry, perfume, and antiques brands. The rental price for 1 m² per year is about $ 10,000.
1 m² rent per year on the most famous streets of the French capital costs about $8,000. The most luxurious boutiques are located on Etienne Marcel Street and Victory Square, so here you can find the boutiques of well-known brands such as Cartier, Celine, Chanel, Christian Dior, Christian Lacroix, Yves Saint Laurent, and many more.