St. Regis New York Hotel will be the latest shopping destination for Richemont goods

On Fifth Avenue, St. Regis New York Hotel is the new address for Richemont group, which owns luxe brands like Jaeger-LeCoultre, Cartier, Montblanc, Piaget, Chloe Net-a-Porter, Vacheron Constantin, and more. Known as the world’s second-largest luxury group, Richemont has bought a premium retail condominium for $375 million. The brand has plans to open one of its stores at the recently acquired condominium at St Regis.

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