Fendi has quietly closed its SoHo store on the corner of Prince and Greene Streets, but it is not abandoning the neighborhood. According to the covered up windows, next month, a new store will open only halfway down the block at 104 Greene Street (pictured above), formerly an H.Stern jewelry store.
There was an H.Stern in SoHo?
Yes, there was, but one could be forgiven for not noticing. Wedged between the Melissa shoe store and Design Within Reach, it is one of the few retail spaces in the neighborhood that has brick walls where windows should be. Inside is a long and narrow selling space, which could be made into a compelling store, but overall, it is a dismayingly inconspicuous space for a prized, LVMH controlled luxury brand —particularly compared to the infinitely more visible previous corner location at 122 Greene.
Maybe Fendi has yet to prove through sales numbers that it deserves a larger presence in the neighborhood. Vast corporate management can be tough on its brands at times. The previous store while exceedingly well-positioned, was particularly petite, serving as a focused showcase for handbags and accessories only. It was far from an extensive representation of Fendi's offerings, and the upcoming location may offer more space with its stretched out configuration, but the store's innocuous frontage makes us wonder if it may just be something of a placeholder until Fendi finds a more visible SoHo location that is more befitting of a celebrated brand and puts it on a more level footing with other boutiques of its ilk including Chanel, Dior, Burberry, Balenciaga, Saint Laurent and the like. In the meantime, we can check back in February to see how Fendi contends with its unusual new home.
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