Miu Miu Defies the Recession With Spiffy New Store

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Miu Miu's third Manhattan outpost opened on 57th Street today. Shiny, golden, three floors, and 4,860 square feet, it symbolizes everything the economy is not. Over the last three years Miu Miu's sales have seen a 30 percent annual boost. They plan to open even more stores across the U.S. in cities including Las Vegas; Costa Mesa, California; and Bal Harbour, Florida. The third floor of the 57th Street store will be devoted to special events revolving around art, culture, and fashion. The first exhibit currently on display called "Modern Portrait Gallery" consists of renditions of Miu Miu ad campaigns starring celebrities like Kirsten Dunst and Lindsay Lohan (and maybe soon Katie Holmes). View the slideshow to see more of the store and its delicious dresses, shoes, and bags and, most important, escape the recession along with Miu Miu.

In the Funhouse: Miu Miu Opens on 57th Street [WWD]