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"British designer Nicole Farhi is calling it quits for her shop on East 60th Street across the street from Barneys. Customers will be directed downtown to 202, her Chelsea Market boutique and café when the shop closes after January 6th. Does this include the closure of Nicole's, the popular restaurant downstairs? Perhaps part of the problem was that despite Farhi's chic collections, the restaurant still got all the buzz. We are betting that a hefty rent increase is playing a major part in this story as well." [The Shophound]