M.S. Rau, the French Quarter-based dealer of jewelry, art and antiques, is expanding, with plans to open a second location in January in Aspen, Colorado.

The 113-year-old business, which expanded and renovated its Royal Street headquarters in 2019, has signed a long-term lease to open a new store in the heart of the tony ski resort's commercial district. The location, M.S. Rau's first outside of New Orleans, is in a high-end neighborhood near private homes with their own access to Aspen's famed slopes.

The move comes after M.S. Rau operated its first "pop-up" shop last year in the former mining town that transformed in the middle of the last century into a ski destination and arts community that attracts the wealthy, including dozens of billionaires, from around the world.

That demograp

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