What a year 2005 was for the trade in all that sparkles and shines! Madison Avenue got a new name: “The Bejeweled Mile”—rechristened for all the stones glowing in the windows of jewelry retailers that opened up along “Mad Ave’s” gilded length. In 2006 the jewelers are going to keep mining the city and you’re going to have to look pretty far off the Avenue not to get blinded by the luster of these treasures. Diamond dealers have gone retail by the dozen, including Israeli jeweler Vivid, which set up shop nearby other new options for jewelry consumption on Madison. Lockes Diamantaires also locked in a Madison Avenue flagship—soldering together two of last year’s hottest trends—jewels and flagships.
The escalation in exquisiteness is going to keep up its uncontainable growth in 2006 with even more oh-so-sophisticated European jewelers closing ranks with some unique all-American additions. From gemstones burning with the hues of fire found deep below the earth to diamonds and other rocks that dazzle us with light bright as suns, New York will have a treasure-hoarde of jewels to show off.
New Yorkers have a passion for feathering their nests and creativity will flourish like never before in 2006. We’ll flock to stores that incorporate the best of home furnishings, entertainment and education. While ABC Home, Williams Sonoma and Crate & Barrel will remain as popular as ever, shoppers will have new ways to “go domestic” such as stores that allow shoppers the opportunity to buy the finest cookware and receive cooking lessons at the same time, or pick up linens as well as savvy tips for entertaining. There will also be more stores offering the full spectrum of home goods under one roof in the New Year.
Retailers from Washington and California are among those scouting New York spaces for places to debut this innovative concept.
New Yorkers are known for being fitness fanatics and getting in tiptop shape will be trendier than ever in this healthy New Year. Whether it be running, biking or yoga, a slew of new sporting goods and accessories stores are racing to fuel the frenzy.
The latest craze to send New Yorkers into overdrive is the “lifestyle” sports shop, which provides a more interactive experience. Shoppers will get the full gamut - equipment, apparel,
Faith Hope Consolo
Chairman Prudential Douglas Elliman's Retail Leasing and Sales Division Tel: 212-418-2020 Fax: 212-418-2005 firstname.lastname@example.org www.faith-consolo.com instructions and even places where one can take part in their sport of choice. Burton, which opened a flagship in Soho in early 2006, is a perfect example of this trend. Snowboarders come from near and far to purchase gear from this hip sporting goods retailer, which makes its customers feel like they are right on the slopes. New York will also see more Modell’s, Adidas, Puma, Nike and Paragon in 2006.
Biking in Italy, skiing in Tahoe -- whatever your fitness fantasy, there will be a store to accommodate it.
The corporate giants will continue to make their way to the city in 2006. Most recently, Samsung Experience followed the success of its predecessor Sony, who scored big in Manhattan with its “experience store” and now has a whole building all its own. Samsung just opened its inter
active signature store in Time Warner Center to rave reviews.
Hershey’s also sweetened the deal for New Yorkers, bringing us the smallest store with the largest sign in bustling Times Square.
Bringing new meaning to the phrase “Big Apple,” Apple will soon open the doors to its fabulous Fifth Avenue shop, which will be the company’s largest ever.
Coca-Cola and Microsoft are also set to debut in Times Square this year, bringing even more huge names to the glittering, over the top shopping and entertainment district.
Last year was a true shopper’s dream. In 2006, the vision will only get bigger and better!