By  on December 3, 2007

Domenico Dolce and Stefano Gabbana are about to cap off their year with a $15 million present to themselves.

The designers spent that amount to refurbish and expand their New York flagship at 825-827 Madison Avenue, which opens today. The 12,960-square-foot store marks an important step in the duo's drive to boost their business in the U.S., including more store openings. America currently accounts for 13 percent of the company's wholesale revenues.

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