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Macy’s spends $400m upgrading luxury floor for leathergoods

07/09/2012

Macy’s, New York, has spent $400 million expanding and redeveloping its luxury floor, with Gucci, Burberry and Longchamp featuring for the first time. Their shops will rise three levels and span a city block - a first within a department store setting - and be second only in size to their own flagship stores. Terry Lundgren, chairman of the...

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