
Why Luxury Retail Is Shifting To Smaller Stores, Bigger Flagships
U.S. luxury store openings fell 46% in the first half of 2026, but brands are investing in bigger flagships. Here’s what’s driving the shift.

Biologique Recherche Debuts A New Architectural Concept At Its SoHo Location
Biologique Recherche’s new SoHo Residence brings French luxury skincare, spa treatments, experiential retail, and an innovative architectural concept to New York City.

Lender wins foreclosure sale for Mike Kohan’s Garment District office building
The Davis Companies won a UCC foreclosure auction for embattled mall mogul Mike Kohan’s Garment District office building, despite a last-ditch attempt by a group of Great Neck investors to stop the sale. In a lawsuit filed Tuesday against the mezzanine lender The Davis Companies, 17 investors in a K
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