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Saks Fifth Avenue's shoe department makeover is shaping up to be a major hazard for the bank accounts of fashionable New Yorkers. Not only is the store adding 10,000 square feet and a host of new brands like Proenza Schouler and Rachel Comey, but it's also letting Louis Vuitton set up its own blond-wood shop-in-shop, which will debut in late September.
Women's Wear Daily doesn't have information on the size of the salon, but it does report that you'll be able to find Louis Vuitton's full range of footwear, from day to evening. The company will even launch a glittery, logo-resplendent heel that's exclusive to Saks.
Interestingly, Louis Vuitton plans to operate the salon directly, rather than going through Saks. That's an increasingly popular arrangement between luxury brands and department stores, but it's not necessarily the norm. Explains the Shophound: "Barneys and Bergdorf Goodman traditionally have rejected such arrangements as an infringement on the stores' merchandising integrity." Louis Vuitton hopes to open similar shop-in-shops around the country, but it looks like some of the big New York department stores won't be on the list.
· The Saks Shoe Department Is Getting a Revamp [Racked NY]
· Louis Vuitton to Unveil Shoe Salon at Saks Fifth Avenue [WWD]
· Louis Vuitton Taking Its Own Corner Of Saks' Shoe Floor [The Shophound]