Footwear Players Upbeat on Nordstrom’s NYC Move

Nordstrom’s shoe partners are applauding the retailer’s move to New York.

The firm announced today it will add its first flagship store on 57th Street between Broadway and 7th Avenue. To date, the Seattle-based company only operates a Nordstrom Rack outlet in the city’s Union Square area. Construction on the space is set to be complete by 2018.

“We are delighted to have a prestigious retailer like Nordstrom join the landscape in New York,” said Vince Camuto, founder and CEO of Camuto Group. “Their commitment to servicing the customer is an example for all of us. We personally applaud Nordstrom’s decision. It can’t come soon enough.”

David Miller, CEO of the Minneapolis-based Minnetonka brand, also believes the expansion will benefit his business. “Nordstrom’s coming in is a positive move for both Nordstrom and the city. We see it as a positive for our distribution,” he said.

“We are thrilled with the news of Nordstrom entering New York,” added Dave Moore, SVP of Great Neck, N.Y.-based Frye Co. “The addition of Nordstrom to this marketplace creates a larger attraction to the city as a shopping destination.”

For Aquatalia, the Montreal-based brand is looking forward to expanding its customer base in the area.

“Not only is the New York debut a terrific opportunity to expand our clientele, but it’s an excellent growth opportunity for the industry in general,” said Rena Krasnow, COO and fashion director for the brand. “We are particularly excited about having a greater presence close to Columbus Circle, which has become a premiere shopping destination.”

Nordstrom has also been a strong retailer for Dansko.

“New York has a long tradition of supporting both flagship department stores as well as independent merchants,” said David Murphy, EVP of sales and marketing for the West Grove, Pa.-based brand. “Nordstrom is a key retail partner for Dansko, providing both the setting and service level we look for in all our retail partners.”

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