Things can’t be all that bad. Miu Miu is opening it’s third New York store on 57th today.
“Miu Miu, with its strong and independent identity, has reached in just a few years a worldwide success and recognition,” Patrizio Bertelli, Prada’s chairman and chief executive officer, told WWD.
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Last year, Miu Miu had sales of $277 million at current exchange, a company spokesman said. The brand has seen 30% sales increases annually over the past three years.
Other Miu Miu U.S. openings planned for the next 12 to 18 months include Las Vegas; Costa Mesa, Calif., and Bal Harbour, Fla. These units will follow recent ribbon cuttings in Los Angeles; Macao, China, and inside Galeries Lafayette in Paris.
Source & Photos: WWD
