Shabani lands fashion label for retail spot on Melrose
Luxe streetwear brand Fear of God isn’t afraid to try its hand on one of L.A.’s hip retail corridors. The brand inked a deal to occupy all of 8379 Melrose Avenue in WeHo and plans to give it a makeover, The Real Deal has learned. The real estate is owned by Michael Shabani’s Crown Equity. Neither Shabani nor Fear of God representatives immediately responded to a request for comment. The retail spot is more than 3,000 square feet, and Shabani purchased it four years ago for around $19 million. His deal, which was one of the priciest during the pandemic, […]This article originally appeared on The Real Deal. Click here to read the full story.
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