The average rent on the Milan street has surged to 20,000 euros per square meter, compared to 19,537 euros per square meter on New York's Fifth Avenue.
The biggest brands on the street make 50 million euros to 100 million euros in annual sales, which goes a long way to paying the rent.
Miani noted, "Not everything can fit, which is a benefit since the limited space makes the street even more exclusive and dynamic."
The MonteNapoleone District says 11 million people visited the area this year through November, but it's unclear how many were big spenders.
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