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11.17.2009

Mumbai-based Kimaya to New York City


Mumbai's, Kimaya, Fashion House is to plant some seeds in NYC. While places are shuttering their doors, Kimaya is seizing the opportunity.

Kimaya currently has locations in Delhi, Dubai and Mumbai.


From Mumbai to Madison Avenue! (New York Post - November 17, 2009)

Except for a few stubborn locations where landlords continue to ask for the moon, Madison's vacant storefronts are filling up one after another. 

The latest retail deal brings something new to the prime shopping stretch north of 57th Street -- not another Italian, French or British name, but one from India. 

Kimaya, that nation's leading fashion house, has just inked for 4,500 square feet on two floors at 717 Madison Ave. between 63rd and 64th streets. 

The asking rent was said to be $2 million a year, although Prudential Douglas Elliman's retail leasing chief, Faith Hope Consolo, who brokered the deal, declined to confirm that figure.

Mumbai-based Kimaya sells couture fashion, eveningwear, bridal wear, jewelry and accessories by lead ing designers from India, Pakistan, Malaysia and South Africa, as well as its own pri vate label. It will take over the ground- and sec ond-floor spaces formerly occupied by E. Braun and Jo seph Martin. 

"Kimaya is poised to be one of the most exciting new entries on the New York fashion scene because it is absolutely unique," Consolo said. steve.cuozzo@nypost.com
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