The upscale menswear retailer operates a unit on Oak Street that will be closed when the new store opens next year.
The venerable New York-based menswear retailer is relocating its store on Oak Street and will return to the city’s famed Michigan Avenue.
The new store is in a prime corner location, close to Canada Goose, Bottega Veneta, Ralph Lauren and the RL Restaurant, that company’s first dining location.“We found a spot that we think will be perfect,” said Trevor Shimpfky, president and chief executive officer of Paul Stuart. “It’s on a corner and will have incredible windows on North Michigan and East Pearson.”
“But we were coming up on the expiration of our lease on LaSalle and that store was completely destroyed during COVID-19,” Shimpfky said, during an incident of theft, and the decision was made to focus exclusively on Oak Street. “The neighborhood around LaSalle is a very specific business district and we knew it would take time to recover,” he explained.