CRYSTAL GALE: Baccarat is going big in New York, unveiling plans to open a 2,800-square-foot flagship at 635 Madison Avenue in May that will set a new retail template for the French brand. The two-story unit, designed by architect Rafael de Cárdenas, is to showcase tableware, lighting, jewelry and more.

Meanwhile, a Baccarat Hotel & Residences is slated to open off Fifth Avenue in 2014, the year the brand celebrates its 250th anniversary.

This story first appeared in the November 26, 2012 issue of WWD. Subscribe Today.