Gianfranco Ferre Closes Manhattan Flagship
"Repositioning of the label" is the reason given by the brand's owner, IT Holding SpA. "We decided to close the Madison Avenue store in view of a future reopening in a location that will better enhance our products from both a merchandising and image point of view", Michela Piva, CEO of Ferré told WWD. It has nothing to do with Ferré's financial...
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