Italian shoemaker pays record rent at London store

LONDON (Reuters) - Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the 1,000 pounds ($1,576) per square foot mark for the first time, a source familiar with the deal told Reuters.

Source: http://feeds.reuters.com/~r/reuters/oddlyEnoughNews/~3/9vDLzKOnrBQ/us-bondstreet-idUSTRE80U1SO20120131

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