Denis Frison’s love for vintage and unique fabrics carries over to his new e-commerce site.
The project will support a projected 16,290 jobs and spark $4.29 billion in annual economic output.
This comes as LVMH struggles to find its footing amidst the pandemic.
The storied chain has filed for Chapter 11 and is also seeking new ownership.
No official close date has yet been announced.
This could signal a strong recovery for the heritage brand.
Looting is a concern. But it’s not the only concern.
The luxury brands have laid claim to enormous new spaces that will add to their New York real estate portfolio.
The future of the beloved New York store remains largely clouded in mystery.