Saint Laurent Bids Record Amount for Store in Milan
2 monthes ago - By WWD
A ONE-MILLION-EURO DEAL: If retail were a game of musical chairs, Saint Laurent could claim to be the winner.
It's likely the municipality of Milan did not expect such a player when Sl Luxury Retail srl, which operates the French fashion house's retail network in Italy, bid for the rental of a 883-square-foot space in the city's shopping arcade Galleria Vittorio Emanuele II.
According to Italian media reports on Thursday, Saint Laurent offered one million euros a year to secure the 18-year lease of the space.
This marks a record for the tourist and shopping destination, also considering...
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