Hollywood, CA ? Luxury retailer Louis Vuitton opened its newest store at Hollywood & Highland Center on Wednesday, November 21, 2007. Louis Vuitton expanded its presence at the center just in time for holiday shopping. The retailer?s new 3,700 sq. ft. space is positioned in one of the center?s most prominent areas ? Awards Walk located off of Hollywood Boulevard leading to the entrance of the Kodak Theatre, home of the Academy Awards and American Idol Finals. Louis Vuitton has occupied retail space at Hollywood & Highland Center for the past five years in a small leased location within the DFS Galleria store. Strong sales at their current site prompted them to make the move to this larger, freestanding location within the center. 

?We are very pleased to be able to accommodate Louis Vuitton with their desire for an even larger presence in our center,? said Shaul Kuba, Principal of the CIM Group. ?This new store will be complimentary to our current mix of fashion retailers as well as the new retailers slated to open in the center and the adjacent Hollywood community within the next year.? 

With the ongoing redevelopment of Hollywood to attract a more urban, yet sophisticated demographic, this well-known retail landmark will be offering a mix of retailers to meet the needs of the diverse community and help further the transformation. In addition to Louis Vuitton making a bigger splash in Hollywood, other exciting retailers have also opened at the Center including GUESS, Giordano, Vino100, ISSI, and XXI Forever. New retailers coming soon: Korloff (a rare and exquisite luxury boutique from Paris) and the center?s exclusive boutique spa, Spa Luce, which are both scheduled to open spring 2008. Just steps away on Hollywood Boulevard, Tesco?s Fresh & Easy neighborhood market recently opened and H&M and Zara will open in early 2008. 

?Hollywood is one of the fastest growing districts in Los Angeles with major retailers investing in the area, abundant clubs and restaurants, new housing and steady demand for office space by companies seeking a diverse urban setting,? stated Jeff Kreshek, Principal for the CIM Group. 

About Louis Vuitton 
Known for its high quality products, Louis Vuitton is the leading luxury brand in the world. Louis Vuitton collections are produced in France, Spain and the United States. The use of the finest materials coupled with experienced craftsmanship and extreme care devoted to all manufacturing phases of the company?s products, perpetuates the Louis Vuitton tradition of excellence and refinement. 

About Hollywood & Highland Center 
Situated in one of the country?s most densely populated markets, Hollywood & Highland Center attracts over 15 million visitors per year. At this one-of-a-kind, high profile destination the best in retail, fine dining and unique entertainment venues come together with the vibrant world of today?s Hollywood. 

Directly connected to the historic Grauman?s Chinese Theatre, the center is a hot spot for locals as well as a ?must see? destination for international visitors. The center features over 60 top retailers, nine of L.A.?s finest restaurants, Grauman?s Chinese 6 Theatres, two popular nightclubs and Lucky Strike Lanes, a high tech and trendy bowling alley/nightclub. 

The center?s renowned Kodak Theatre is the venue for the world-wide live broadcast of THE ACADEMY AWARDS? CEREMONIES as well as other notable awards shows like THE BET AWARDS, THE ESPYS, THE AMERICAN IDOL FINALS and THE AFI LIFETIME ACHIEVEMENT AWARDS. Throughout the year, live performances at the theatre include musicals, ballets, concerts, plays and original programming. 

The center?s award-winning, Renaissance Hollywood Hotel features 640 sumptuously appointed rooms, including 33 luxury suites and an elegant, Mid-Century Modern d?cor. 

The Grand Ballroom located on the fifth level of the center is operated by famous chef and restaurateur, Wolfgang Puck. The popular venue draws A-list events, parties and conventions. Most notably, it is the site of the exclusive Governor?s Ball, following the Academy Awards? ceremonies each year. 

About CIM Group 
CIM Group is an integrated, full service real estate investor with in-house acquisition, development, finance, leasing, and management capabilities. CIM Group specializes in high-density urban communities, including the downtown areas within large cities, smaller "main street" districts within towns and suburban cities, and other locations which lie within the metropolitan areas of the country. Most recently, CIM Group has acquired The Grauman?s Chinese Theatre, an international icon and one of Los Angeles? most popular tourist attractions, which sits adjacent to Hollywood & Highland Center. Since its inception in 1994, CIM Group has been a leading force in the creation of great streets in the cities of Santa Monica, San Diego, Pasadena, Brea and Hollywood.