(Bloomberg) -- Prada SpA has agreed to buy the building housing its flagship store on New York’s Fifth Avenue — one of the world’s top shopping streets — for $425 million, as demand from ...

IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in. By Celia Young On the bustling shopping strip of Fifth Avenue ...

The clouds are parting for New York City’s shopping district landlords and the Black Friday shoppers are pouring in.

Prada and the family’s holding company recently spent over US$800mil to expand its New York presence with the acquisition of two buildings on Fifth Avenue. That’s before the cost of ...

The much-awaited Saks Fifth Avenue Black Friday 2024 sale has finally arrived and is giving luxury enthusiasts the best ...