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Baccarat unveiling new NYC flagship store, hotel next year

New Madison Ave. store will open in May 2013

NEW YORK - Baccarat will be unveiling a new flagship store in New York City in May 2013, ahead of theluxury brand's upcoming 250th anniversary. Baccarat

Located at 635 Madison Ave. at 60th St., the 2,800-square-foot store, designed by acclaimed architect and designer Rafael de Cardenas, will be an experiential destination encompassing the Baccarat lifestyle, according to a release. The store's distinctive design concept will be a new global retail model for the brand, showcasing tableware, lighting, decorative objects and jewelry.

"This new flagship store will be a landmark of the luxury, glamour and prestige that has set Baccarat apart," said Michelle Klein, president and CEO of Baccarat North America. "It will be a space for discerning shoppers to fully appreciate the brand's most coveted designs and to experience the unique Baccarat lifestyle, which celebrates its 250th anniversary in 2014."

The company also plans to unveil Baccarat Hotel & Residences New York, a joint venture between Starwood Capital Group and Tribeca Associates, at a location off Fifth Avenue across from the Museum of Modern Art.

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