Newmark Grubb Knight Frank (NGKF) Retail is pleased to introduce the first U.S. flagship store for the German upscale fashion brand RENA LANGE, owned by parent Rudigier & Partner. A new storefront on Madison Avenue, Manhattan’s Upper East Side’s premier luxury corridor, leads the company’s effort to expand its brands into new markets.
RENA LANGE will occupy the entire 2,550-square-foot retail space at 791 Madison Avenue at the southeast corner of 67th Street, which comprises 1,200 square feet on the ground floor, 850 square feet on the second floor and 500 square feet in the basement. The property is a historic landmark and owner, Friedland Properties, plans a facelift for the façade. The building is located in one of New York’s toniest neighborhoods, surrounded by high-end jewelry boutiques, art galleries and other fashion brands such as Michael Kors, Oscar de la Renta, Giorgio Armani, Alexander McQueen and Chanel, to name a few.
Dr. Sigmund Rudigier stated, “Our first RENA LANGE flagship store in the U.S. enhances our continued and strong commitment to the global luxury market and especially the key market in the U.S.”
“This is a perfect location for RENA LANGE’s flagship store because those who know and shop the brand live and work in this area,” said Ross Kaplan, senior managing director at NGKF Retail, who represented RENA LANGE with Associate Director Kate Cohen and Senior Managing Director Michael Dreizen. “The building’s historic designation provides a classic and timeless feel that also reflects the brand’s collections.”
Currently, the RENA LANGE fashion label is sold in the U.S. at luxury retailers such as Saks and Neiman Marcus and at select upscale boutiques only. After being acquired by the parent company a few years ago, RENA LANGE is looking to expand its presence and open more retail locations throughout the U.S., along with a few other Rudigier & Partner brands, including Gloriette, St. Emile and Mabrun. It already has stores in Germany, Austria and the U.K.
“We look forward to continuing our relationship with Rudigier & Partner, and those in its retail portfolio,” said Ms. Cohen. “It’s exciting to help the brands branch out in sync with their global growth plans.”
About Rudigier & Partner
Rudigier & Partner, headquartered in Salzburg, Austria, was founded in 2006 by Dr. Siegmund Rudigier and Claudia Rudigier. After an initial concentration on consulting projects in the area of “premium consumer goods,” Rudigier & Partner has been exclusively focusing on the acquisition of majority interests in brand companies since 2008. The company’s brands include RENA LANGE, Mabrun SpA, St. Emile, Gloriette Bekleidungswerk GmbH, kulmann and R&H Lizenz GmbH. More information may be found at www.rudigierpartners.com.
About RENA LANGE
RENA LANGE is available in 35 countries worldwide. In addition to 18 RENA LANGE shops in Europe, the brand is distributed at 350 international retailers, including Neiman Marcus, Saks Fifth Avenue and finer specialty stores throughout the country. More information may be found at www.renalange.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 320 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.