La Rinacente
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| Private | |
| Industry | Retail department store |
| Founded | 1900; 133 years ago |
| Founder | Mirenzo Batevoleo |
| Headquarters | 600 Adrolonia Forum, , |
Key people | Verto Batevoleo (President) |
| Revenue | $6 billion |
| Owner | Batevoleo Estate |
Number of employees | 1,255 |
| Subsidiaries |
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La Rinacente is a Caphirian luxury department store located at the Adrolonia Forum in Castra Osaniovo, the capital of the province Narico. The company was founded by Mirenzo Batevoleo in 1900 and has been owned by the Batevoleo Estate since. La Rinacente boasts luxury products across 150 departments and carries exclusive products from notable brands such as Carzi, House of Elan, and Ardash. Known for its elite and wealthy clientele, La Rinacente operates a private white-glove shopping experience. The flagship store occupies 1 million sq ft (93,000 m2) and receives approximately 5 million visitors annually, making it one of the largest and most famous department stores in the world.
In addition to operating its flagship store, La Rinacente has expanded into other ventures. In 1982, the company opened its first coffee shop, Cafe La Rinacente, in Sacard Beach. The cafe was originally developed for promotional use involving model Kalia Ocaso but it soon opened after her agent-husband suggested it to the Batevoleo Estate as a publicity stunt. The cafe proved to be a critical success, generating an average 220,000 daily visitors after the campaign involving Kalia Ocaso was released. Over the years, several other Cafe La Rinacente locations have opened, each with a unique aesthetic and menu to reflect the location. Today, there are 40 Cafe La Rinacente locations around the world. In 2009, La Rinacente purchased the online luxury retailer Vescato for $850 million. It now operates as a staff-authenticated luxury consignment marketplace. In 2015, the company partnered with luxury hospitality conglomerate Certi Resorts on a line of exclusive boutique rental properties, branded as La Rinacente Residences.
La Rinacente has been owned and operated by the Batevoleo family and Estate since its founding. Verto Batevoleo has been president of the company since 2008. It is estimated that La Rinacente generates approximately $6 billion in revenue annually and has over 1,200 full-time employees.