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Having to move out of your old place before you've found a new one is basically a New Yorker's nightmare. But for J. Press, that nightmare has become a reality. The menswear retailer is moving out of its Madison Avenue flagship because the landlord is renovating the entire building, but have yet to sign a lease anywhere else. Their last day there is January 18.
"We have been searching for alternate flagship store space on Madison between Grand Central Station and 53rd Street since spring 2013," J. Press president and CEO Yuki Okita told WWD. "There were potential spaces, but they happened to be not available on time. We are putting our best effort into finding a home for J. Press and this has been our top priority."
The company is hoping to open a new flagship by spring 2015 at the latest. In the meantime, customers can shop the heritage collection online or check out their brother line, J. Press York Street, which is located on Bleecker Street.
· J. Press Closing Madison Ave. Store [WWD]
· J. Press York Street Executes a Sneak Attack on Bleecker Street [Racked NY]