Madison Avenue news and archive

Madison Avenue releases new store report for first half of 2023

Madison Avenue is undergoing a retail boom with the introduction of several new galleries, boutiques, and landmark investments, detailed by the district’s 2023 quarterly report. From the art world to high fashion, a number of upscale storefronts have sprung up in the area, including Versace, Collezione, and the LGDR gallery. In the past month,...

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Fashion

Madison Avenue shopping traffic has declined

Bloomberg has reported that Madison Avenue’s shopping traffic has heavily declined. While many other elite shopping districts in Manhattan have seen a post-lockdown rebound in foot traffic, Madison Avenue from 57th to 72nd streets is at 71 percent of its 2019 levels as of August 8 according to Orbital Insight. On the other hand, Upper Fifth...