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New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street -- here's the new Top 10

By Business Insider   |   1 year ago
New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street -- here's the new Top 10

Kering purchased a $1.4 billion building in Milan's Via Monte Napoleone, now ranked as the world's most expensive shopping street. Despite e-commerce growth, luxury brands invest in prime retail spaces globally. Luxury sector faces challenges but some brands like Hermès thrive.

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