Michael Kors (NYSE:KORS) will open its largest Japanese flagship in Tokyo's Ginza district. The store will be the retailer's first location to carry every category offered by the global luxury brand.
"This is a very exciting opening," said Michael Kors. "Ginza is one of the world's great shopping neighborhoods, in one of the greatest fashion cities, so it's both exciting and appropriate that we're debuting this very special store in Tokyo. I look forward to welcoming our customers to the new store, and sharing with them the mix of sophistication, glamour and ease that defines everything we design."
The store will span 7,800 sq. ft. and reflect the new design concept unveiled last year in Shanghai, which includes a shimmering exterior using metallics and texture. Designed by the Michael Kors design team, the location consists of luminous screens made of unique, light-reflective facets set within a grid of internally lit recesses. Think sequins. Still more eye-catching on the outside of the building are the second and third stories, with large-scale video screens above the first floor storefront window framed in marble.
Inside, customers will see polished stainless steel fixtures, white marble flooring, Macassar wood and zebra skin accents. The upper floor will host women's ready-to-wear in an atmosphere of indulgence. The floor will also showcase a grand shoe salon. On the ground floor will be handbags along with accessories, watches, jewelry and eyewear. Finally, the lower level will be menswear and men's accessories, making it the first freestanding Michael Kors store in Japan to offer men's clothing.
"Japan is a key market for our continued development in Asia," said John Idol, chairman and CEO of Michael Kors. "The importance of Tokyo to luxury and fashion retailing makes this the right place and time to open our first store showcasing every facet of the Michael Kors brand. We look forward to offering the full breadth of our product assortment, presented with our signature glamour, chic and superlative service, to our Japanese customers and tourists traveling to Tokyo."
After a profitable 2014, the brand is looking ahead to a year of expansion. Michael Kors is on track to open 45 new stores in the United States in 2015.
-See this Michael Kors press release
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