Santoni will open a store in Galleria Vittorio Emanuele, Milan’s iconic shopping arcade, which faces the city’s cathedal. In a public tender, the Italian manufacturer of luxury shoes offered to pay an annual rent of €589,000 for the 60-square meter store, which was previously occupied by the Italian fashion brand Nara Camicie. The starting price for the tender was €289,000 a year.

In Milan, Santoni already has a store in the upscale shopping street Via Montenapoleone and a corner in the department store Rinascente.