Kujten enters US retail on Madison Avenue, targeting holiday 2025 win

Bottom Line Impact

If opening execution meets unit economics targets, Kujten can add a 5m-plus annualized revenue node with margin discipline, elevate US brand equity through a flagship presence, and establish a scalable template for a focused 2-3 store US cluster.

Key Facts

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  • First US store set to open autumn 2025 on Madison Avenue, Upper East Side NYC
  • Adds to an existing network of 50 boutiques across France and Europe
  • Store to carry full women, men, and accessories cashmere collections
  • Boutique concept to reflect minimalist, contemporary luxury brand identity

Executive Summary

Kujten will open its first US boutique on Madison Avenue in New York in autumn 2025, extending a 50-boutique European footprint into a top-tier US luxury corridor. The move positions the French cashmere house to capture premium footfall and build US brand equity ahead of peak holiday trading, while testing mono-brand productivity and price architecture against established cashmere leaders.

Actionable Insights

Immediate Actions (Next 30-90 days)
Set explicit unit economics gates for scale decisions, including month 6 run-rate sales of 800k-1.2m annualized and occupancy cost ratio below 18 percent before greenlighting a second US door
Rationale: Disciplined thresholds prevent premature rollout and protect capital efficiency
Role affected:CEO
Urgency level:immediate
Build a 12-week New York launch funnel to acquire 10k-15k qualified CRM contacts at sub 25 dollars CAC via localized influencer seeding, hotel concierges, and clienteling partnerships
Rationale: Rapid CRM scale drives opening conversion and repeat traffic during holiday peak
Role affected:CMO
Urgency level:immediate
Cap capex and lease commitments to a 24-30 month payback and stress test FX and fiber cost scenarios plus US duty rates to protect gross margin above 68 percent
Rationale: Cashmere input volatility and NYC occupancy can compress margins without tight guardrails
Role affected:CFO
Urgency level:immediate
Short-term Actions (6-12 months)
Localize the assortment with 60-65 percent mid-gauge and lightweight cashmere, 20-25 percent heavy-gauge outerwear, and 10-15 percent accessories, with 30 percent of OTB reserved for in-season color chases
Rationale: New York climate and fashion cadence reward agility and color-led capsules
Role affected:Chief Merchandising Officer
Urgency level:short-term

Risks & Opportunities

Primary Risks
  • NYC occupancy and build-out costs push breakeven beyond 30 months
  • Cashmere fiber price volatility and FX swings dilute gross margin below target
  • Assortment misfit in gauge and color leads to markdowns above 15 percent
Primary Opportunities
  • High-visibility Madison Avenue launch accelerates US brand awareness by 3-5x
  • Mono-brand experience lifts average order value by 20-30 percent versus online only
  • Aftercare and repair services add 3-5 percentage points to retention within 12 months

Supporting Details

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