The Cuozz reports today on the retail war shaping up to take over the old massive Brooks Brothers space at 666 Fifth Avenue, a high-stakes derby involving names like Uniqlo and Topshop that hasn't been seen since the pre-sadness days. Why such competition in a down market? The Cuozz lets us in on the Fifth Avenue Effect. For example, the Apple Store in Soho does $100 million a year in business. Uptown, the GM Building AppleCube does an astounding $440 million a year. [NYPost]
Filed under:
Loading comments...