Breaking News: Takashimaya NYC is closing

This is sad news. WWD is reporting that Japanese retailer Takashimaya is closing the NYC store on 5th Avenue  in June. Takashimaya said it plans to sell the real estate and dedicate the proceeds to faster growing markets in Asia.

It's incredibly sad- I loved ogling the (unbelievably pricey) Japanese art and housewares, but even more so the beauty and fragrance department, even in its reduced size. It's even more unfortunate when you remember they just started carrying Mona di Orio perfumes (the only USA point of sale), and as far as I know they are the only ones in the NYC area who sell Neil Morris perfumes.

Info: Women's Wear Daily
Photo: about.com