Jewelry and accessories retailer Charming Charlie is readying to open its first flagship store in New York City, along with 55 new locations, global expansion and continuous growth.
Celebrating 10 years, the brand has made almost $500 million in sales and boasts 330 stores across 42 states, reported Retail Info Systems News.
Set to open in April 2015, the Fifth Avenue location will span 16,000 sq. ft. on three levels and showcase the retailer's new concept. A two-story glass facade with an LED illuminated exterior will add color and movement to the storefront. Welcoming customers inside are 20-foot tall double doors in the brand's signature vibrant pink. Inside will resemble a residence and house the company's PR office and showroom.
"We are thrilled to announce our move into New York City," Charlie Chanaratsopon, CEO and founder of Charming Charlie, told Retail Info Systems News. "It is especially fitting that this announcement comes as we celebrate our 10 year anniversary."
The store will carry a full range of products from jewelry and handbags to footwear and apparel at prices ranging from $5 to $150.
Last week, the company opened its first stores outside of the United States, in Canada's Ontario province, and two additional Canadian stores are scheduled to open in British Columbia. The retailer also signed a deal with Apparel Group UAE to open shops throughout the Middle East in 2015.
Charming Charlie joins a growing number of retailers either opening or revamping flagship stores in Manhattan. For example, Eddie Bauer recently announced the opening of a pop-up store in New York City that will convert to a permanent flagship in the spring of 2015. And British apparel retailer Topshop will open a new flagship in midtown that is the second largest store after the 90,000 sq. ft. flagship in London. While Macy's iconic Herald Square flagship is undergoing a makeover.
-See this Retail Info Systems News article
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