world's most expensive street news and archive

Infographic - 69 Louis Vuitton bags: What retailers should sell to cover rent on the most expensive streets

As rental costs on the world's most expensive shopping streets continue to rise, with retail rent prices increasing on average 35 percent, retailers need to bring their best A-game to cover their costs. With New York City's Upper Fifth Avenue holding steadfast to its title as the most expensive shopping street in the world, with rents on Fifth...

RetailFeatured

69 Louis Vuitton bags: What retailers should sell to cover rent on the most expensive streets

New York City's Upper Fifth Avenue has managed to hold onto its title as the world's most expensive shopping street, with rents on Fifth Avenue from 49th to 60th street commanding 3,500 dollars (2,303 pounds) per square foot annually. Hong Kong's Causeway Bay, the Avenue des Champs-Élysées in Paris and London's New Bond street held on to their...