Founded in 2008, Harrys of London has stores in London’s Burlington Arcade as well as in Kuwait, the United Arab Emirates and Saudi Arabia. Although its wares are sold at Barneys New York and a few other Big Apple retailers, the Park Avenue corner will be its first freestanding US store. As he did at Richard James, Cohen has taken the title of chairman at Harrys. The brand’s CEO, Steven Newey, will remain in his position and run the company on a day-to-day basis. “It’s a brand I’ve long supported and admired,” Cohen said. “Its expansion into Manhattan, as far as I’m concerned, has been long overdue.” Cohen might not be giving a discount the advantage to what’s now his own company: The asking rent on the Ritz space was $800 a square foot. His Richard James and Harrys of London purchases might not be on the scale of a possible Related Companies investment in struggling Neiman Marcus — a potential strategy to make sure the luxury department store remains as Related’s 250,000-square-foot retail anchor at Hudson Yards, as The Post’s Lisa Fickenscher reported last week . (Related CEO Stephen M. Ross said “no” when later asked by Fox News if Related wanted to “acquire” Neiman Marcus.) But Cohen’s London purchases are a response to the same overall retail malaise that’s given New York landlords the jitters.
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