Article: VUITTON PLANS 3RD NYC UNIT.(Louis Vuitton plans new store in New York City)

NEW YORK -- A giant flagship apparently doesn't suffice.

Louis Vuitton, the French leather goods, shoes, jewelry and ready-to-wear brand, plans to supplement its 11-story flagship at 1 East 57th Street with a smaller shop at 845 Madison Avenue, WWD has learned.

The site was formerly occupied by Gianfranco Ferre, who moved his store to 870 Madison Avenue, as reported. Sources said Vuitton on Madison Avenue, on the northeast corner of 70th Street, will have about 5,000 square feet of space. In Manhattan, Vuitton also has a store at 116 Greene Street in SoHo.

Reportedly, Vuitton plans to open the Madison Avenue shop next year. Executives ...

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