Monday, May 3, 2010

Calvin Klein To Remove The White Label From Lenox Square

Calvin Klein's "White Label" store at Lenox Square will close June 25th. The store was one of the first locations of what was then planned to be a chain of at least 20 locations. Designed by New York architecture firm Lynch / Eisinger / Design, the store had elements similar to another ill-fated chain: Martin + Osa. Designed by New York's Michael Neumann Architecture, American Eagle's Martin + Osa chain will be closing all 28 locations and its online store by the third quarter. When Calvin Klein opened in fall of 2007, I immediately had questions about the viability of such a huge store (about 10,000 s/f) selling items so readily available at basically any mid-tier department store, not to mention nearby Marshall's and T.J. Maxx. Its location adjacent to Neiman Marcus on the second level of the luxury wing can't be cheap: apparently Philips Van-Heusen, Calvin Klein's parent company since 2002, has seen enough. Calvin Klein White Label locations were opened in a number of high profile locations but many have already closed. Locations at The Beverly Center in Los Angeles, Cherry Creek Mall in Denver and The Mall at Partridge Creek near Detroit have already closed, while one at the Natick Collection near Boston and one at South Coast Plaza in Costa Mesa California are currently in the process of liquidating inventory. A location in Aventura Mall near Miami and in San Francisco are still open but are reportedly closing within a year. Sources repeatedly spoke of Calvin Klein's intention to vacate stores within SIMON Properies: Lenox, being one, and The Forum Shops at Caesar's, a specialty shop, being another. One non-Simon Calvin Klein specialty shop closing is at Westfield San Francisco Centre. ToNeTo Atlanta

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Atlantan99 said...

Some say the space will be divided to accomodate new luxury retailers, who best to take the space? Is S.O.B. dead enough for people like Bottega and Etro to jump ship and come to Lenox?

Anonymous said...

I hope so! Or maybe a D&G boutique or even YSL? Maybe that's too high-end for the economy.. I think they need to fill the Mark Shale store first. Potentially open an Aldo Accessories and expand Lacoste.