Italy’s Molteni&C Opens Milan Flagship, Second Largest Retailer Worldwide

MILAN — With sweeping views of the rooftops of Milan, close by museums and upscale houses, Molteni&C has opened its second-largest retailer on the earth right here.

On Thursday, the corporate mentioned the flagship, which spans 32,219 sq. ft, options inside designs by Flemish designer and architect Vincent Van Duysen, Molteni&C’s artistic director.

All through, Van Duysen created a way of intimacy with marble detailing, fireplaces and an expansive grid skylight with a view of the constructing’s atrium.

The Milan flagship is positioned on Through Manzoni 9, inside Milan’s luxurious Quadrilatero purchasing district. Molteni&C’s Corso Europa retailer has been closed, although its Through Solferino retail area stays open. The Artwork Nouveau property is positioned simply reverse of Milan’s Poldi Pezzoli Museum and simply 100 meters away from the La Scala theater.

The Through Manzoni 9 constructing is owned by Merope Asset Administration, which purchased the property in three acquisition tranches between December 2019 and February 2020, the asset administration agency mentioned on its web site.

The development of the Manzoni 9 constructing, in neo-Renaissance model, dates again to the second half of the nineteenth century, and was renovated in 1922 by Giuseppe Mentasti and Stefano Lissoni in Milanese Liberty model with Artwork Nouveau detailing. The constructing was as soon as the dwelling of Prospero Moisè Loria, a businessman, philanthropist and benefactor.

Merope additionally owns Palazzo Bernasconi, which homes Casa Cipriani, Ralph Lauren’s through della Spiga 5 location, Palazzo del Principe di Piombino in Corso Venezia 56 which is predicted to accommodate RH for its grand Milan opening within the close to time period.

By way of openings, Molteni&C has been on a roll, unveiling shops worldwide for the reason that ebb of the COVID-19 pandemic. Earlier this yr, it opened its largest flagship on the earth in Shanghai with native accomplice Domus Tiandi.

The China retailer spans virtually 38,000 sq. ft and two flooring.

Molteni Group, a family-controlled firm, stays one of many greatest Italian design companies by income and has been on a store-opening spree since 2023. The group is now current in additional than 100 nations, with greater than 700 shops and 100 monobrand flagships. In 2023, the agency opened flagships in Melbourne; Kunming and Taichung, China; Kuala Lumpur, Malaysia; Doha, Qatar; Frankfurt, and Helsinki. In 2024, shops had been unveiled in cities like Washington D.C., San Francisco and one other in Majorca, Spain.

Molteni Group, which owns Molteni&C, UniFor and Citterio, had a consolidated turnover of 475 million euros in 2023, 70 p.c of which was worldwide.