Retailers expand stores for expected luxury boom

But tariffs, tourism declines form storm clouds ahead, according to JLL

Luxury chain Louis Vuitton opened a temporary flagship on East 57th Street last fall in New York. (Andria Cheng/CoStar)

CoStar News

September 9, 2025 | 1:00 P.M.

Luxury retailers are still expanding their brick-and-mortar footprints in the United States despite headwinds from the economy and tariffs.

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News | Retailers expand stores for expected luxury boom