Luxury retailer LuisaViaRoma will open its first international store in New York next year.
The company, which started with a store in Florence, Italy, now has a global e-commerce business alongside its flagship boutique. The company is part of the portfolio of private equity firm Style Capital, which also operates Zimmermann and MSGM.
LuisaViaRoma will open a store on Manhattan’s Bond Street in the NoHo neighborhood. It will be the retailer’s second location after the first store opened in 1929.
Last year, Style Capital acquired a 40 percent stake in LuisaViaRoma for €130 million. In 2020, the retail company achieved sales of 230 million euros. At the time of the acquisition, Style Capital CEO Roberta Benaglia said that expanding the retailer’s international footprint was one of her top priorities.
This translated and edited post previously appeared on FashionUnited.uk.