November 24, 2020
Uncategorized

Zang Toi Opens First Store on Lexington Avenue

NEW YORK — Zang Toi on Sept. 13 will open the first store in his company’s 28-year history at 1046 Lexington Avenue here, an 800-square-foot unit with marble floors, floor-to-ceiling mirrors, crystal chandeliers and an oversize French mahogany table that has been refinished with white lacquer and wooden legs replaced with shiny chrome.
The designer, who signed a 10-year lease, said he got a good deal, $18,000 a month, after negotiating with a willing landlord. Jo Malone, Shi Cashmere and other retailers occupy the same block; the brands all sought relief from Madison Avenue’s high rents, Toi said.
Standing in the doorway of the store, wearing a short black skirt embroidered with the house’s crest and crown logo and flashing a Hollywood smile, Toi said, “It’s funny about opening my own little flagship. I searched for a space for five years. This block reminds me of the old New York. Madison Avenue has become a supersized mall. It has no more soul.”
Toi said, “I’ll be happy if we can do $2 million in the first year. It’s better to build slowly. In 28 years, I never had to take a penny from anybody. I don’t have a backer.”
The designer’s online business is very

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