By  on May 7, 2013

NEW YORK — With the Qatari royal family’s deep pockets behind it, Valentino is making a major statement for current momentum and future growth — its largest flagship yet, set to open next year at 693 Fifth Avenue here in the old Takashimaya Building.

The new store, at 20,000 square feet with three floors of selling space as well as a basement, is the culmination of three years of sales increases for the brand, and marks a new chapter of expansion, with freestanding stores set to open in such cities as San Francisco, Las Vegas and Shanghai.

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