The official news is that Italy’s fashion capital Milan opened its arms to mass Americana over the weekend with the grand opening of adjoining Gap and Banana Republic flagships. The big news for us though is the opening hails the launch of an exclusive limited-edition Valentino x Gap collaboration. Don’t get too excited though. The collab is only available in Europe: select Gaps in Rome and Milan, plus Paris’ Colette and London’s Gap flagship and designer emporium Dover Street Market. (via Racked)
Valentino x Gap via Fashionista
Filed under: Art/Design, Stores | Tags: 10 Corso Como, Comme des Carcons, milan, Rei, Sozzani
Comme des Garcons has released its latest t-shirt design for Carla Sozzani´s Milan superstore and gallery 10 Corso Como. The shirts feature colorful swirly patters reminiscent of tie dye and the 10CC logos.
pics via Hypebeast
Filed under: Art/Design, Fashion | Tags: Cavour220, Giorgio Armani, milan, Paris, Real Estate, Recession, Rome
Though it may seem a little 2005, extremely expensive fashion and extremely expensive real estate still seem to go hand in hand. No word how 20 Pine, Armani´s other residential project is doing…
Luxist has the scoop, “Designer Giorgio Armani showed his latest Armani Prive line in Paris recently but as usual the permatan Italian has multiple irons on the fire. His Armani/Casa division will be responsible for creating the interior of exclusive apartments in Rome in the Cavour220 project. The project will consist of 62 units in a historical block composed of six linked buildings around a central garden along the Via Cavour which leads to the Coliseum.
Owners will be able to customize the units personal tastes on the basis of layouts and finishes proposed by Armani/Casa, admittedly likely a narrow range. Armani is famous for his minimalist style, a look that was shown to great effect in his designs for a Manhattan high-rise. In a statement published by Reuters, Armani said that the ancient buildings will be transformed into a “prestigious, sophisticated, cutting-edge residential complex.” The apartments will be ready for occupancy next year.”
Filed under: Art/Design, Stores | Tags: Artemide, Interior, Lighting, milan, Retail, Taiwan
The Italian lighting experts, Artemide, represent one of the global leaders of the residential lighting industry and high end professionals. Based in Pregnana Milanese, the Group has made a name for itself with its impressive “shop in shop” concepts in the most prestigious and high-profile lighting and furniture shops. Artemide has recently opened this flagship store in Taipei Taiwan designed by Crox architects.
Filed under: Market Info | Tags: Duty Free, Global Refund, Golden Traingle, milan, Recession, Russian, Via della Spiga, Via Montenapoleone
The tides are changing on the streets in and around Milan´s Golden Triangle of shopping. What were once filled with Japanese and Americans attracted by the weak lira (and infant euro) has evolved into predominantly Eastern European shopping zones. Global Refund, the company that tracks duty free shopping statistics, gave a snapshot of who bought how much: Russians are Milan’s largest national group of fashion shoppers, commanding 38 percent of the tax-free pie in 2008, despite their own economic woes back home. By contrast, the United States claimed a mere 4 percent.
Ukrainians make up 6 percent of Milan tax-free fashion sales and bear the distinction of being the biggest spenders per purchase: Their average receipt is €1,556 compared with €968 for Russian buyers, €925 for U.S. buyers and €789 for China buyers. But when the statistics are pared down to just jewelry, the Ukrainian average receipt is an impressive €12,000.
Russians, Arabs, Ukrainians and Chinese all posted healthy increases in fashion purchases in 2008 versus 2007. And, not surprisingly, the two countries that took nose dives were the United States and Japan – dropping by 38 percent and 24 percent, respectively.
Over all, Milan’s tax-free shopping increased 2 percent in 2008, despite the effects of the global economic crisis that deepened in the fourth quarter of the year.
Filed under: Fashion, Stores | Tags: 10 Corso Como, Comme des Garcon, Concept, Concept Store, milan, Retail, Strategy
One of the premier concept shops in the world, 10 Corso Como (Milan) recently released their collaborative effort with Comme des Garcons. The shirt is a little bright and colorful for my taste, but a cool project nonetheless.