Most Recent Articles In Designer and Luxury
Latest Designer and Luxury Articles
- Chanel Unveils Rome Flagship
- Ann Taylor Parent Said to Be Working With JPMorgan on Sale
- Christopher Kane Opens First Store
More Articles By
Men's takes up the second floor, while women's occupies the third. That 10,000-square-foot floor is divided into a series of rooms, each with a pair of gray or chocolate couches facing opposite sides of a coffee table. Rtw has also been allotted more square footage than in the old store, reflecting the fact that "total rtw sales increased 21 percent in 2007," Lee said. "This store will help us continue that momentum."
The women's fitting rooms, replete with touches of gold and rosewood, feature silk velvet walls, and there is a special VIP room, which can be accessed through a separate elevator and entrance on 56th Street.
Meanwhile, jewelry makes a bold statement with its own three-level shop, accessible through an entrance on Fifth Avenue and a pass through to women's rtw on the third floor. Of the jewelry store, Lee said, "We butt up to the wall of one important competitor," referring to Tiffany.
"There's a big gain and presence for fine jewelry," Lee said. "Fine jewelry in the [54th Street unit] was relegated to a 350-square-foot space tucked in the back of the store. From the space we're investing, we believe we're going to grow the jewelry category. We'll have the complete range and have done some exclusive, very luxurious pieces such as a special necklace and earrings for $500,000."
Giannini admitted that, when she first saw the empty space, she thought, "Oh my God, it's so big, how will I fill it?"
But she soon came to relish the scope of the project. "The old stores are a different mood," she said. "We wanted to begin again."
Giannini herself coined a name for her new retail concept: "At the beginning, I used to refer to it as the 'strategy of diversity,' because it is important that the ideas are the same, but you can have a different emotional approach in each area.