More and more high-end luxury retailers are popping up in the East Hampton village.
Hot on the heels of (designers) Cartier which opened last month and Valentino which moved in earlier this month, Chanel officially opened on Friday and Prada is on deck.
‘We have obviously seen a change in the population all year round and long weekends in the East End,’ says Hal Zwick of Compass Commercial, who has been involved in many recent transactions in the village.
“Even with the return to the city based on work commitments and school choices for their children, there will be an increase of approximately 15% in our full-time population and a 25% increase in extended stays on weekends in due to increased labor flexibility,” he says. “These residents have significant disposable income, which makes them attractive to high-end retailers.”
Chanel’s pop-up is located in a 2,500 square foot building at 26 Newtown Lane, the former home of Eileen Fisher, and will be open until Labor Day. The boutique will offer bags, small leather goods, accessories, watches and fine jewelry creations and modern silhouettes from the Coco Beach 2022 and Métiers d’Arts 2022-23 collections by Virginie Viard, according WWD.
“We looked for a place to do something in the Hamptons, and we’re thrilled with this place and we’re really bringing the collection to life there,” Joyce Green, Chanel‘s chief fashion officer, told the magazine in an interview.
The second floor would be used for private meetings.
Prada is also expected to open soon.
According to applications filed with the Village Design Review Board earlier this month, Prada USA Corp. requested permission to put up a sign and awning for 2 Newtown Lane.
The two-story building sold for $6.125 million on January 31. At the time of the sale, Zwick, who sealed the deal with Jeff Sztorc, said the new owners were in talks with “major retailers for multi-year leases.”
Valentino also arrived in the village, opening at 53 Main Street, a 2,900 square foot building, on June 15 as part of the expansion of the company’s global retail network, according to a press release. The East Hampton boutique offers Valentino Garavani ready-to-wear, bags, shoes and accessories.
“The two-story boutique is designed to transport the shopper to a warm and evocative space with mid-century rattan furniture, floor-to-floor sisal rugs, antique tureg rugs and bamboo lampshades” , the statement said.
Valentino Escape 2022, a collection inspired by the Maison’s archive designs, is on display. “The capsule presents three prints, united by a strong visionary approach – Round Rain (1966), multicolored Valentino Waves (1970) and the Giraffa reissue (1966) – are anchored in the imagery of the House and reproduced on a selection of garments with relaxed silhouettes including kaftans, swimwear, flowing dresses and kimonos.Masculine looks also include bermuda shorts, shirts, sweatshirts and tees in lightweight fabrics.
Just before Memorial Day weekend, Cartier opened a seasonal boutique at 1 Main Street, in a building owned by Elie Tahari. This is the first of a series of pop-up boutiques called Cartier d’Été planned for the summer
The store offers a careful selection of jewelry and refined watches alongside timeless treasures such as the Panthere VS handbag in a new navy color, available only at the Hamptons pop-up ahead of its worldwide release later in the season.
Personalization and hand-delivery services by the Maison’s grooms are also available.
The store also features a series of artworks commissioned by artist Konstantin Kakanias that celebrate Cartier d’Été’s seasonal boutiques.
Outdoor events and art installations “to encapsulate the feeling of endless summer” are planned.