Michael Kors LLC
Socialites Shop for Lifestyles at Michael Kors' New SoHo Shop
Michael Kors knows a thing or two about self-promotion. His personal publicity from Project Runway may have created someone new for you to hate--but it created someone new! And last night he used his star-power to attract not just small-screen celebrities but bona fide New York socialites to toast his new SoHo boutique on Prince Street.
The 48-year-old father of the neon metallic sandal has decided to bill the joint “our first Lifestyle store,” but inhabiting the old Jerry’s restaurant as it does, the place really only has room enough for a few clunky bags, a rack of frocks and a gaggle of skinny socials. read more »
Bye, Daffy's; Hello, H & M
The Fifth Avenue and 18th Street branch has shackled its windows and closed its doors with a sign that reads, “lost our lease.”
The store’s lease expires this month and with real estate prices mounting high, it simply could not afford the landlord’s new rate. Richard Kramer, Vice President, CFO of Daffy’s, explained, “In terms of the rental costs, from an economics point of view, it did not make sense to stay there.”
The New York Law Journal reported back in September that European retailer H&M will open its ninth New York City location in the 21,000-square foot space.
Next door, Intermix, a chain of high priced fashions befit for celebrity closets, mysteriously disappeared too. But that site is simply under construction, and its Michael Kors shoes have relocated to a temporary outpost one avenue east.
The move to Broadway happened in a matter of two days, where they took the place of exited housewares store Villeroy and Boch. Intermix plans to return to Fifth Avenue in about two months. Meanwhile, Daffy’s is actively looking for another Manhattan home. read more »
-- Riva FroymovichDesigner Michael Kors: Pure, Lean, Unencumbered Luxury Clothing for Women on the Move.
