Chief executive officer Lisa Montague said the company has already opened three stores in the Gulf, together with Liwa, over the past five years, two in Abu Dhabi and one in Kuwait.
The credits are part of a partnership with Empire State Development that will see Away create 249 new jobs over a five-year period.
Patti + Ricky will open its first pop-up store in New York this fall and aims to partner with designers and department stores.
Meanwhile, investors were focused on the shorter-term outlook.
Coach’s North American sales were a plus; Kate Spade contributed to the bottom line and Stuart Weitzman had execution issues.
The tech giant and the fine jewelry industry team up to offer transparency and fend off fraud in the diamond biz.
The newly renovated space featured original artwork by founder Jacob Arabo, as well as exposed New York City bedrock.
The bag, with a $70,000 price tag, is at Rebag’s store on 57th Street and Madison Avenue.