New GS flagship: Madison Ave NYC

[Kinnakeet]

Originally Posted by Cru Jones

Key word: “Flagship” :-)

I don’t think they are looking to maximize $/sqf for this location…. They are seeking to elevate the brand and project an image.

Exactly. The same for JLC, Breguet and others in NYC and some in Toronto. With the rent they are not money making ventures in those locations. My understanding is the VC boutique in Toronto sells on average 1 watch per month and the same for Hublot in Orlando.