NEW YORK — Bottega Veneta is basking in the Hawaiian sun.
It is opening a 3,600-square-foot store at 2100 Kalakaua Avenue in Honolulu. The unit, which will bow next year, is among three Gucci-owned brands to take up residence at the 100,000-square-foot open-air luxury shopping center.
Bottega’s move appears to be an affirmation of Hawaii’s rebound after the 9/11 attacks and the SARS virus, which kept some tourists away and damaged the area’s economy.
The Kalakaua Avenue address is among several high-end shopping centers in Waikiki, including the older and larger Ala Moana Center. The luxury market in Hawaii is so strong that brands such as Chanel and Gucci operate units in both locations.
Stores at 2100 Kalakaua Avenue are said to average $3,000 in sales per square foot.
“Hawaii is one of the most important luxury shopping destinations in the world, and it is only natural that Bottega Veneta have a strong presence there,” said Tomas Maier, creative director of Bottega Veneta. “We are thrilled to open our third Hawaii location at 2100 Kalakaua Avenue.”
The boutique will carry the full line of Bottega Veneta men’s and women’s items including handbags, shoes, ready-to-wear, jewelry, home and small leather goods.
The Kalakaua door is the newest addition to the island retail scene. Other boutiques at the three-story town house-style center include Coach, Tiffany & Co., Yves Saint Laurent, Tod’s and Boucheron.
Metropole Realty Advisors, which purchased 2100 Kalakaua Avenue with Heller Properties, cherry-picks properties in upscale retail locations. Metropole is under contract to acquire 681 Fifth Avenue here, and its portfolio includes buildings at Madison Avenue and East 57th Street, as well as Rodeo Drive in Beverly Hills.
“We remain focused on filling the last remaining space at the property with a brand of similar caliber,” said Robert Siegel, chief executive officer of Metropole, referring to 2100 Kalakaua Avenue.” Now our collection is almost complete.”