Valentino to open in New York its largest international flagship store
Italian luxury house Valentino SpA, owned by Mayhoola, an investment fund backed by the Qatari Royal family, has recently confirmed the opening next summer, in New York, of its largest global flagship store. The new Valentino flagship store in New York will cover 20.000 sqf and will be housed within the former Takashimaya building at 693, Fifth Avenue. The store will focus on accessories, both bags and shoes, which are the highest growing categories in Valentino sales. Like all new Valentino stores, the Fifth Avenue store will be designed by British architect Sir David Chipperfield, the biggest opportunity being represented by the facade of the building, which, not being listed, can be transformed by Valentino into a statement.
The annoucement of the new Fifth Avenue location of Valentino follows the new strategy of the maison presented in March, to open larger single stores in major cities around the world.
adapted from WWD