Retail Detail. Miu Miu Opens Third NYC Store Today

Miu_miu_57th_st_3

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.

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

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