As it continues to expand its U.S. retail presence, Swiss retailer Piaget is opening a new corner store in The Shoppes at The Palazzo, Las Vegas' new luxury retail center.

"We've had our eye on Las Vegas for quite some time, but everything had to be just right," Piaget North America President Larry Boland said in a press release issued on Thursday.

He added that The Palazzo's prime location, adjacent to The Venetian and the Sands Expo and Convention Center, as well as its world-class retail and restaurants, make it an ideal fit for Piaget.

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