Tourneau Opens New N.Y. Store

Specialty watch retailer Tourneau LLC (New York) opened its third Manhattan store this week — a 3330-square-foot unit in the 3 Bryant Park building at the corner of Sixth Avenue and 42nd Street.

The store’s design is a “circle within a square,” according to Women’s Wear Daily and represents Tourneau’s newest retail concept, featuring elevated elements including ebony, stone and hand-painted wall coverings.

Rent and sales per square foot are estimated at $500 and $5000, respectively, sells 17 luxury watch brands, retailing at up to $85,000 each. Brands with in-store shops include Rolex, Cartier, Jaeger-LeCoultre, Panerai, IWC Schaffhausen, Breitling, Tudor and Longines.

The company, which operates 33 stores, opened a new store in Hawaii last week and will add one more to its ranks in 2015, though its location has not yet been disclosed.