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
