LuisaViaRoma is headed to the U.S. and likely with its first international door. Leasing advisory firm Mona said that the Italian e-tailer, has inked a long-term lease for a 7,855-square-foot retail space at 1 Bond Street in Manhattan’s NoHo neighborhood.
The retailer had already tested the brick-and-mortar waters in Manhattan, opening 130 million euros to acquire a 40 percent stake in the e-tailer aimed at supporting its growth. LuisaViaRoma had turnover of around 230 million euros in 2020.
Since the acquisition, Roberta Benaglia, chief executive officer at Style Capital, cited the expansion of the retailer’s international footprint as among her key priorities. A few months before the deal materialized, LuisaViaRoma had hired Kate Davidson Hudson to oversee its expanded content strategy and launch a magazine particularly geared at the U.S. market.
The e-tailer is helmed by CEO Alessandra Rossi, a Yoox Group veteran. As part of the deal, Andrea Panconesi, whose grandmother Luisa Jaquin planted the seeds of the family company’s success and was the mastermind behind the retailer’s foray into e-commerce in 1999, serves as chairman.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italian fashion retailer LuisaViaRoma snags first US location in NohoHigh-end European fashion retailers continue craving a bite of the Big Apple action — but more in downtown neighborhoods than uptown.
Read more »
Robert Crimo Jr., father of Highland Park parade shooting suspect, released on $50,000 bondThe bond was a huge drop from the state's attorney setting bond at $500,000 on Friday.
Read more »
Biden slings ‘anti-Irish’ words, claims to be Italian in gaffe-ridden speech“I may be Irish, but I’m not stupid,” Biden inexplicably said as he greeted 102-year-old World War II veteran Ray Firmani during a town hall on veterans’ benefits in New Castle, D…
Read more »
Burger King vs Wendy's Italian chicken sandwich: Reviews, photosBurger King and Wendy's both just debuted new Italian-style sandwiches as the chicken sandwiches wars heat back up. Here's how they compare.
Read more »
Italian economy minister says ECB rates hikes worrying for RomeThe prospect of subsequent hikes in interest rates by the European Central Bank is worrying for highly indebted countries like Italy, the economy minister said on Saturday, following an ECB decision to raise its benchmark rate by 50 basis points.
Read more »
Italian Graffiti’s chef draws inspiration from his grandmother’s kitchenChef Marc Marrone said he's fortunate to have located his new restaurant, Italian Graffiti, in Salt Lake City — because of the bounty of local ingredients he found in Utah.
Read more »