Stephane Cremieux described the mix at the company-owned stores as ... and cashmere sweaters and hoodies. The Madison Avenue lease was executed by Retail by Mona, a leasing and advisory firm.

Madison Avenue and Soho remain most in demand. The few availabilities drew multiple offers from investors such as Blackstone, which bought four Soho locations for $200 million.

After introducing a mix of novelties at Watches and Wonders ... IWC Schaffhausen is now setting up in New York for Madison Avenue Watch Week, which will see the luxury watch manufacturer open ...