NEW YORK — Swiss luxury group Compagnie Financière Richemont has purchased a retail condominium at the St. Regis Hotel. The stores face Fifth Avenue, but the address is 2 East 55th Street.
Richemont reportedly paid around $375 million for the 24,800-square-foot prime retail property. Executives of Richemont could not be reached, but brokers with knowledge of the deal said it’s been signed.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"