Page 26 - The Summit of the Americas 2021
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INSIDER





























          Rouge Duty Free enters St. Croix with luxury store and confirms

          optimism for future rebound


              International retail chain Rouge   reception attended by VIPs, socialites,   been well received by the local population,
          inaugurated its first post COVID Rouge   influencers, and bloggers from the Island,   who have embraced it from day one. We
          Duty Free store in St. Croix on Friday,   who received hand delivered invitations,   have been extremely successful with the
          March 26, 2021. With 1,400 square feet of   reports Raymond Kattoura, whose   local markets in the Caribbean, where
          retail space, the store is located in Orange   company Duty Free & Travel Retail Group   we have mixed luxury with lifestyle and
          Grove Plaza in Christiansted, and reflects   Inc. helps manage the business for Rouge   practicality. This is what makes our stores
          the company’s confidence in a strong future   Duty Free Retail Caribe, which owns the   stand out.”
          in the region.                    new store.                            Kattoura tells TMI that when
              Rouge Duty Free St. Croix is the    Guests enjoyed a ‘full moon Cruzan   searching for store locations, the company
          luxury shopping destination for St. Croix.   evening,’ with local music, open bar, and   looks for areas within easy reach of the
          The store has the largest fragrance and skin   local bites. The reception was held indoors   business neighborhood, with convenient
          care assortment on the island, along with a   and out, following the COVID-19 protocols   parking and accessibility.
          luxurious Mont Blanc corner boutique, and   in place.                   “Rouge will be opening additional
          a Furla handbags leather corner as well.   “This is our second Rouge store in   doors in St. Croix in both the East and West
          It also houses the spa cabin for exclusive   the USVI, and our 53rd store in the overall   end to be able to serve the entire sland,” he
          skincare brands Valmont and Cellcosmet.  company (Buenos Aires-based Perfumerias   says.
              The gala opening was a red carpet   Rouge),” says Kattoura. “The new store has   Speaking about the potential that
                                                                               Rouge sees for the island, Kattoura says:
                                                                               “St. Croix was the top luxury destination
                                                                               in the Caribbean, with stores featuring
                                                                               French and Italian fashion complete with
                                                                               cat walks. Brands such as Mont Blanc,
                                                                               Caron, and other top names lined the streets
                                                                               in town. Unfortunately, the island passed
                                                                               through a hard period due to hurricanes and
                                                                               other matters, and most of this was lost.
                                                                               The neighboring islands took advantage
                                                                               of the void and grabbed the tourism and
                                                                               investors.
                                                                                  “But the tide is changing again, and
                                                                               we will see new Islands emerging as
                                                                               important destinations. St Croix’s economy
                                                                               is on a fast rebound. And with the re-
                                                                               opening of the refinery, a surge in tourism
                                                                               and corporate investors, the island is
                                                                               heading for success one more time. Several
            Raymond Kattoura welcoming guests to the official opening of the first Rouge Duty Free   celebrities call St Croix their home away
            store in St. Croix, USVI.                                          from home, including President Biden.”

          The Virtual Summit of the Americas Issue April 2021                 26
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