The storied luxury shopping arcade will be home to a new expansive Chanel store.
’s luxury shopping mall. Tod’s secured the property for 1.8 million euros payed annually, for a concession of 18 years.
This is not Chanel’s first store in Milan’s Galleria. There is already a boutique that carries fragrances and beauty products. Emmanuel Conte, Milan’s councilor for heritage, stated that: “Today’s price increases confirm how new forms of heritage enhancement can bring benefits to the whole city. The Galleria remains a unique and sought-after place, capable of expressing a commercial promotion value that goes beyond profitability.”
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