Isabel Marant has opened a new flagship at 677 Madison Avenue, the biggest store of the company worldwide. The 2,950-square-foot store replaces an uptown store at 23 East 67th Street and joins another New York boutique at 469 Broome Street in SoHo, which Marant has had for 12 years. The brand has 66 stores globally, 10 percent of which are franchises. There are eight stores in the U.S.
The new two-level store carries women’s ready-to-wear, bags, shoes, accessories, jewelry and sunglasses, as well as menswear, which was introduced four years ago. Some 20 percent of the new store will be dedicated to menswear. Pre-fall is in stores, and the fall collection will be arriving shortly.
Designed by Marant and an in-house architecture studio, the store’s main floor showcases Isabel Marant mainline, accessories — bags, jewelry, sunglasses and some shoes — while one flight up is the shoe section, Isabel Marant Etoile, a women’s secondary line, and Isabel Marant Homme.
Isabel Marant new flagship store in New York at Madison Avenue
Asked who she’s catering to in her new boutique, Marant said the customer range is quite wide. When she visited one of her New York shops recently, she said she was surprised to see mothers and daughters and mothers and sons shopping together “and they’re all attracted to different things.”
Isabel Marant mainline retails from $335 for a T-shirt to $11,285 for an embellished jacket. Etoile prices go from $150 for a T-shirt to $3,300 for a coat. Shoes range from $485 for sneakers to $3,425 for high boots and bags go from $150 to $1,690. Menswear ranges from $195 for a T-shirt to $4,110 for a jacket.
Marant anticipates that the prints will be bestsellers, along with key embroidered pieces in the ready-to-wear. Duranteau-Loeper said two thirds of Marant’s business is rtw and the dresses do very well, along with outdoor pieces such as coats, jackets and overcoats. “Bags and shoes are also performing quite well,” she said.
Isabel Marant new flagship store in New York at Madison Avenue
Expanding its retail footprint in the U.S. is a key initiative. At present, Marant has two stores each in New York, Los Angeles and Miami, and one store each in Dallas and San Francisco. There are openings planned for Chicago, Atlanta and Houston. The company doesn’t have a presence in the Hamptons but is looking at pop-ups for the summer. Marant has more than 800 points of sale globally.
As far as the Madison Avenue store’s decor, the building’s facade is decorated with engraved concrete panels and has two large display windows. The store was the former home of Berluti. Inside is a concrete floor, adding a mineral touch, which is dotted with natural stones and terracotta tiles.
Marant and her team worked with a group of local young designers and artisans. On the ground floor, the women’s collection is displayed on artisanal podiums and hangers. Artist Arnold Goron designed the space’s centerpiece, a bright pink table showcasing this season’s key accessories, as well as a colored metal sculpture located at the foot of the stairs. Inspired by the concept of “cabinet de curiosities,” a common thread in all Marant stores, the furniture is a mix of statement pieces: a fluffy Berber sofa sits next to fiber porcelain display units, hand-carved wooden shelves and floor-to-ceiling mirrors.
While primarily pared-back and minimalist, the space is decorated with touches of color: green, pink and yellow accents adorn the mural installations, mixing unusual sculptures and travel souvenirs, while the shoe section features a vibrant yellow shelving unit.
Isabel Marant new flagship store in New York at Madison Avenue
Asked about current business, Duranteau-Loeper said, “We are doing great. The business is really strong right now in the U.S. specifically. We’ve gotten very good response on menswear as well as accessories, especially bags.” She said the company is not looking for new investors right now because the climate is not right, but she said perhaps they might when the market is quieter and more stable. As reported, according to WWD sources, J.P. Morgan has been tasked with selling Montefiore Investment’s 51 percent stake in the brand, which it bought in 2015.
Duranteau-Loeper noted that the U.S. is a big focus for the company, representing more than 20 percent of the overall business, as well as Asia. Its largest market is Europe. Marant plans an event Sept. 8 in New York to celebrate the Madison Avenue store opening.
Isabel Marant new flagship store in New York at Madison Avenue