By and  on August 20, 2013

NEW YORK — Valentino has a new home at 821 Madison Avenue — a four-story town house that opens today, situated between 68th and 69th Streets in the prime of Manhattan’s luxury retail real estate. Formerly a Loro Piana store, the 5,295-square-foot space spans four floors and is the company’s first town house setup. Designed by British architect David Chipperfield, the town house features the new retail concept done in collaboration with creative directors Maria Grazia Chiuri and Pierpaolo Piccioli that has thus far been implemented in the Paris, Milan and Beverly Hills stores.

“The feeling of the store provides the customer with a very intimate, very high-end, very luxurious approach,” said Stefano Sassi, chief executive officer of Valentino Fashion Group SpA, noting that this store “is very crucial to us because it is the first one we are revamping in New York.”

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