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,...

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...