LORO PIANA OPENS 2 UNITS
NEW YORK — Italian cashmere company Loro Piana has two new U.S. units. It opened stores at South Coast Plaza in Costa Mesa, Calif., and at 45 Oak Street in Chicago.
Both stores were designed by Italian architect Misa Poggi and New York architect Marco Carrano.
The Costa Mesa store is 2,200 square feet, while the Chicago store is 2,700 square feet. Both carry the company’s women’s and men’s collections and accessories.
The stores are part of an aggressive retail expansion that Loro Piana has been directing in the past year.
The company, which is based in Biella, has stores throughout Italy and recently opened doors on Sloane Street in London, and in-store shops in Seoul, the new Richard’s in Greenwich, Conn., and the Mitsukoshi department store in Japan.
There are plans to open a flagship in Tokyo next year. Loro Piana currently does about $160 million in annual sales.