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Just as promised, Salvatore Ferragamo is under renovation and has moved south to 444 N Michigan Ave in the storefront where Payless once heralded Midwestern bus groups across the street from the ghost of the Marilyn Monroe Statue. The new store (what you're looking at here) will be two floors, street level being women's and accessories and the second being dedicated to menswear. Look for an opening in May.
Right next door, Zegna, (fueled with jealousy over the shiny new Burberry and in lagging efforts to compete with Ferragamo) will move into the "Cedar Hotel" storefront at The Shops at North Bridge, most recently rented by Men's Journal. That happens next month.
Update: We're told Zegna's business in Chicago is strong, and that the move has nothing to do with Burberry or Ferragamo. The company has been planning to renovate its Michigan Avenue store for well over a year. While the makeover takes place, the brand will move to a temporary space at the Shops at North Bridge, but it should be back in the current location in July 2013.
· Salvatore Ferragamo [Official Site]
· Guess Who's Moving Into Burberry's Temporary Storefront at the Shops at North Bridge [Racked]