NEW YORK—Italian fashion company Valentino SpA has sued the landlord of its American flagship store on Manhattan’s Fifth Avenue, seeking to void its lease because the CCP (Chinese Communist Party) virus pandemic has made keeping the store open impossible.
In a complaint filed on June 21, Valentino said the store, located two blocks south of Trump Tower, can no longer operate “consistent with the luxury, prestigious, high-quality reputation” of its neighborhood, as the lease contemplated.
