Picture by Cesar Accomplished through unsplash.com
Luxurious vogue retailer Century 21 might be reopening its flagship location in Manhattan’s Monetary District at 22 Cortlandt St. Experiences firm LEGENDS is partnering with the corporate on the opening of the renovated 100,000-square-foot house.
Regardless of shutting down through the pandemic, the shop now occupies the 4 main flooring of its authentic house. Century welcomed luxurious designers Fendi, Chloe, Kenzo, Givenchy and Halston again to the downtown location.
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Up to date fashion manufacturers together with ALC, Lagence, Simkhai, LoveShackFancy, Sovere and Mon Renn are additionally current on the property. Different retailers embrace Kappa, Obey, Concept, Helmut Lang, Hugo Boss, 3.1 Phillip Lim and Hall New York.
As a part of its relaunch, Century 21 launched a recent emblem for the revamped flagship retailer, along with commissioning New York Metropolis-based artist Timothy Goodman to create three murals.
Tourism, shopper demand buoy retail
Manhattan’s retail market exhibited constructive indicators of progress within the first quarter of 2023, as revealed by a latest CBRE report which confirmed a marked year-over-year enchancment. The restoration of worldwide tourism and heightened shopper curiosity within the luxurious and leisure industries have helped the retail market acquire a stronger foothold.
There was a 5.4 p.c enhance in whole leasing exercise, together with renewals and new leases, over the earlier quarter and a 14.5 p.c enhance in comparison with the corresponding interval final yr, based on the identical report.
As well as, New York Metropolis Tourism + Conventions, the town’s tourism board, forecasts that roughly 63.3 million vacationers will go to Manhattan by the tip of 2023. This projection displays a notable 12.2 p.c rise from the 56.4 million guests recorded in 2022.
