Retail is returning to Pacific Palisades, the Los Angeles enclave hit by the January 2025 wildfires, with contemporary labels including Staud and Leset stepping into space once held by luxury labels like Bottega Veneta and Chanel, according to The Business of Fashion. The Pacific Palisades retail revival is centred on Palisades Village, the open-air retail complex developed and owned by Rick Caruso, which reopened to the public on 15 August 2026, nineteen months after the fire.
Caruso announced the reopening on Instagram. According to ABC7 and FashionNetwork USA, his firm put more than $100 million into clean-up work, repairs and getting the centre ready to trade again. The complex was shut following the Palisades Fire of January 2025. ABC7 reported that the majority of the buildings came through, aided by how they were constructed and by privately hired fire crews, although smoke caused extensive damage.
The change in tenant mix is the most consequential part of the story. Palisades Village has been associated with luxury names since it opened in 2018, and its lineup included Saint Laurent, Chanel Beauty and Bottega Veneta. The names now being confirmed lean towards contemporary fashion brands and retailers with roots in the neighbourhood.
Leset’s new store in the Village is the brand’s first on the West Coast, which makes the centre a notable address for contemporary fashion brands in Los Angeles. The Leset West Coast store gives the label a physical presence in one of the city’s most affluent residential areas.
Palisades Village Reopening: Key Dates and Figures
Palisades Village launched in 2018, adding a cinema, Erewhon and Chanel to the neighbourhood, according to the Los Angeles Times. After the January 2025 fire, the centre closed for remediation and repairs. Caruso set the public reopening for the morning of 15 August 2026, and it took place on that date.
| Item | Detail |
|---|---|
| Palisades Village first opened | 2018 |
| Fire that closed the centre | January 2025 |
| Reported outlay on clean-up and rebuilding | More than $100 million |
| Public reopening | 15 August 2026 |
| Leasing level as of 12 August 2026 | 99% |
| Businesses expected to operate (WWD, June 2026) | 46 |
| Fashion brands part of the reopening (FashionNetwork USA) | Around 30 |
WWD reported in June that tenant spaces were due to be ready by 1 August, with a public opening in mid-August. The Palisades Village reopening followed that schedule, and ABC7 reported that the centre was 99% leased in the days before the doors opened.
Palisades Village Stores: Who Is Returning and Who Is New
The tenant list combines returning neighbourhood names with first-time arrivals. Elyse Walker is moving her eponymous store into the Village, having traded for almost thirty years on the opposite side of the road. Towne by Elyse Walker, present since the centre first opened, is coming back too, according to WWD.
Paige is rebuilding its store, which was stripped back to the structure during the remediation work, and founder Paige Adams-Geller has long lived in the Palisades. Mother and Xirena are arriving for the first time, WWD reported. These brands sit in the contemporary segment, where pricing is generally lower than at the major luxury houses.
Beyond fashion, NBC Los Angeles reported that Loomey’s Toys, K Bakery and Angelini are returning or relocating within the centre. Staud and Leset add further contemporary options to a roster that includes around 30 fashion brands, according to FashionNetwork USA. The Palisades Village stores confirmed so far therefore span fashion, food and family retail.
Rick Caruso’s Palisades Village: The Developer Behind the Rebuild
Rick Caruso is the developer who owns Palisades Village, and his firm led the clean-up and rebuilding that allowed it to reopen. The outlay of more than $100 million covered the treatment of smoke damage as well as the rebuilding of individual units, including tenant spaces that had to be stripped back.
Caruso framed the reopening as a community milestone. As quoted by FashionNetwork USA, he credited residents with persistent effort since the 2025 fires and described the reopening as a point of renewal for the Palisades.
The leasing level at reopening, at 99% according to ABC7, indicates that nearly all of the centre’s space was committed before the public returned. For a developer, that outcome depended on assembling tenants quickly, and the resulting mix reflects the brands that were ready to commit to the location.
What the Pacific Palisades Luxury Retail Shift Means for the Industry
The shift in Pacific Palisades luxury retail is a change of emphasis rather than a verdict on any single house. The largest luxury names are less prominent among the tenants confirmed so far, while contemporary labels and multi-brand retailers with local roots carry more of the centre’s identity.
For contemporary brands, a first West Coast address in an affluent, rebuilt shopping centre offers visibility among shoppers who already know the area. For landlords, it shows that a destination can recover its footing with a different tenant profile from the one it had at launch.
The luxury houses are operating under their own commercial pressures. Our report, Kering Revenue Flat as Gucci Sales Fall 6% in Third Quarter, explores the wider business backdrop for one of the sector’s largest groups.
For a contrasting example of a luxury house committing to a prime physical location, read our coverage of Graff Melbourne Boutique Opens in Historic Francis House on Collins Street.
What to Expect From the Pacific Palisades Retail Revival
Several details that will define the Pacific Palisades retail revival have not yet been published. Opening dates and locations for Staud’s store and the Leset opening date within the Village have not been announced, and sales or footfall figures since 15 August are not available.
It also remains to be confirmed which luxury houses, including Bottega Veneta, Chanel and Saint Laurent, will return to Palisades Village, and on what timetable. Violet Grey’s plans for the centre are likewise unconfirmed.
The first full season of trading will show whether the contemporary and local-retail model holds up as the centre settles into a routine. For further coverage of the sector, see our Luxury Business coverage and Fashion & Beauty coverage.
Frequently Asked Questions
What is the Pacific Palisades retail revival?
It describes the return of shops to the Los Angeles enclave nineteen months after the January 2025 wildfires, centred on the reopening of Palisades Village. Labels including Staud and Leset are filling space once linked with the larger luxury houses.
When did Palisades Village reopen?
Palisades Village reopened to the public on 15 August 2026. Rick Caruso announced the date on Instagram.
Who owns Palisades Village?
Developer Rick Caruso owns the open-air complex. It launched in 2018 and brought a cinema, Erewhon and Chanel to the neighbourhood.
How much was spent on the Palisades Village reopening?
Rick Caruso’s firm put more than $100 million into the clean-up, repairs and reopening, according to ABC7 and FashionNetwork USA.
Which brands are part of the Palisades Village stores lineup?
Named tenants include Elyse Walker, Towne by Elyse Walker, Paige, Mother, Xirena, Staud and Leset, along with Loomey’s Toys, K Bakery and Angelini. FashionNetwork USA puts the number of fashion labels taking part in the relaunch at roughly 30.
Is the Leset Palisades Village store its first on the West Coast?
Yes. Leset’s new store in Palisades Village is the brand’s first on the West Coast.
How many businesses are expected at Palisades Village?
WWD reported in June 2026 that 46 businesses were expected to operate at the centre. ABC7 reported it was 99% leased as of 12 August 2026.
Have Chanel and Bottega Veneta returned to Palisades Village?
Their plans for the centre have not been confirmed. Chanel was among the brands that arrived when the Village opened in 2018.
