NEW YORK — Sought-after Italian suitmaker Canali has landed a prime spot in Manhattan for a flagship, a two-level 6,000-square-foot space at 625 Madison Avenue at 59th Street, according to real-estate sources.
Canali operates one store in Manhattan, on Broad Street in the financial district. “It’s a tricky location,” said a retail source, adding that the company has been interested in finding a larger space on Madison Avenue for several years. “Canali is a hot brand.”
The brand, with its traditional tailoring performed by artisans, opened its first flagship in Paris in 2009 and another in London the following year. Canali, which is sold at Saks Fifth Avenue and Bloomingdale’s here, is also sold in Los Angeles, on Rodeo Drive, the Penthouse at South Coast Plaza in Costa Mesa, Calif.; Marshs in Huntington, N.Y.; the Shoppes at the Palazzo in Las Vegas; the Village at Merrick Park in Coral Gables, Fla., and Garmany in Red Bank, N.J. Canali has been raising its profile here, opening a new showroom last year in the Meatpacking District.
The company acknowledged that the brand is looking for a location for a flagship, but said a lease has not been signed.
Founded in the Thirties in Italy’s Lombardy region, Canali is known for its luxury fabrics and traditional tailoring performed by artisans. The second generation of the family took over the business in 1950; by 1980, half of Canali’s production was destined for international markets.
The U.S. was Canali’s largest market in 2009, representing about 35 percent of total sales of nearly $270 million. The privately held company does not provide sales figures.
Named the Plaza building when it was built in 1930, S.L. Green acquired 100 percent of the leasehold in 625 Madison Avenue in 2004. Revlon was the major office tenant in the early Nineties, when the building was named after the cosmetics company. Polo Ralph Lauren now occupies the majority of office space. Canali’s retail space was most recently occupied by Lederer. Other tenants include Stuart Weitzman, Fratelli Rossetti and the restaurant Lavo. A 10,000-square-foot retail space is also available in the building. “We’re in negotiation with two major tenants,” said Jeff Roseman, executive vice president and principal of Newmark Knight Frank and agent for the building. “Madison Avenue is as strong as it’s ever been.” He declined to comment about Canali.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia