Kering is spending big to build its presence on Fifth Avenue. The luxury conglomerate paid $963 million, or 885 million euros, for 715-717 Fifth Avenue, a prime piece of real estate on the southeast ...
French conglomerate LVMH isn’t the only luxury retailer with its eye on a specific Fifth Avenue property. Chanel is also in talks to purchase Paramount Group’s building at 745 Fifth Avenue in the ...