United States

Coach suddenly folds up ginormous Manhattan store

Luxury leather goods merchant Coach has abruptly shuttered its three-level boutique at Madison Avenue and East 57th Street — the latest blow to the fabled but troubled shopping district, which continues to hemorrhage some of its most celebrated stores. The 6,000 square-foot Coach emporium at 595 Madison Ave. had been at the prime corner for more than thirty years. Coach spokesperson Andrea Shaw Resnick said the closing “was always part of our planning when we opened our Coach House store at 685 Fifth Ave.” That was in 2016. The shutdown leaves all of the Vornado-owned retail space at the landmarked Fuller Building vacant. Vornado declined to comment. The 57th Street corridor between Park and Sixth avenues as well as the blocks ...