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Tehran abandons its bastions in top Paris luxury districts

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2 min read Lire en français

Two Iranian state companies have vacated prime locations for luxury boutiques in Paris.
Two Iranian state companies have vacated prime locations for luxury boutiques in Paris. © Photomontage by Glitz – Sources: aluisoreole.fr , tparchive, Wikimedia commons

For several decades, prestigious ground-floor premises at three of Paris's most sought-after addresses had been occupied by Iranian state companies. Two of them have now quietly moved out, freeing up spaces that the luxury industry has long coveted.

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