Puma will open a flagship on the corner of Fifth Avenue and 49th Street, opposite Saks Fifth Avenue. The three-level, 29,000-sq.-ft. store will feature state-of-the-art double-height storefronts across 160 ft. of wraparound frontage. 

Puma signed a long-term lease for the store with SL Green, which recently embarked on a redevelopment of the property. Its nearby neighbors will include Adidas and Asics.