Sephora will introduce a new 6,200 square-foot flagship store near the High Line in Manhattan, enhancing its strong presence in New York City.
Retail analysts noted that Manhattan West retailers experienced a remarkable 20% year-over-year sales growth so far in 2024, attributed to increased foot traffic.
LVMH's CEO Bernard Arnault highlighted Sephora's performance as 'remarkable,' indicating the brand's crucial role in the company's 'selective retailing' sector.
The new Sephora location will complement a variety of wellness tenants in Manhattan West, aiming to capitalize on the area's growing popularity and foot traffic.
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