Valentino opened a giant flagship store in New York Valentino opened Friday, August 1 its new flagship in New York, with a sales area of over 1,800 square meters. The design of this spectacular flagship is the work of David Chipperfield, also author of the latest concepts of the Roman house. This architect's office has also been selected by Selfridges to create the future space accessories Selfridges on Oxford Street in London.
The space previously housed a store Takashiyama
Located at 693 Fifth Avenue in a historic building that housed the great long Takashiyama store, this new address has unpublished volumes for the brand, and a record rent for the area, as the local property press has pointed out, that is the price per square meter between 2600 and 3000 dollars (between 1,900 and 2,300 euros).
The design is signed David Chipperfield (Image: Richard Davies)
Sign of commercial success of the artistic duo Maria Grazia Chiuri and Pierpaolo Piccioli, the womenswear and menswear are entitled to areas of similar size, about 400 square meters each. Finally, accessories (handbags, shoes, belts, etc..) Are distilled in a central atrium in more than eight meters high ceiling.
The store facade of glass and steel spans three levels and its opening marks a milestone for the Italian luxury label was bought in 2012 by Mayhoola, an investment company owned by the royal family of Qatar .
The following year, the group publishes record results, reporting a growth rate of over 20% on their last four consecutive years, culminating in 2013 with a turnover of 500 million euros, up 25% compared to 2012.
There are now 116 brand shops Valentino in the world, including 12 in the U.S., a market that accounts for about 25% of group sales, says Group CEO Stefano Sassi, in an interview with Women's Wear Daily, insisting that the United States is "the most important market for Valentino."
Two other U.S. locations are planned this year, one in Aspen (Colorado) and the other in the Miami Design District