Print
Real Estate - Commercial

Italian Menswear Store Coming To The Forum

By Cece Nunn, posted Oct 9, 2019
Baldini for Men, a clothing store coming to The Forum in Wilmington, sells Italian menswear, including the brand show above, Pal Zileri. (Photo courtesy of Baldini for Men)
A new tenant unfolding at The Forum in Wilmington brings Italian menswear to the shopping center on Military Cutoff Road.

Baldini for Men is set to replace Spectrum Fine Jewelry, which is going out of business after more than 20 years in the Port City. 

Luis Cepeda is opening the men's clothing store, which will be stocked with nearly everything a man needs to dress in casual elegance, from suits and sweaters to jeans, he said. The store's inventory will also include tuxedos.

"Our collection is beautiful," Cepeda said. "Almost all of our merchandise comes from Italy." 

He and his wife, Ruth, followed their daughter, University of North Carolina Wilmington graduate Paulina, to the area. He is moving his store of the same name to Wilmington from the Long Island hamlet of Manhasset, New York.

Luis Cepeda, who also managed a menswear store on Madison Avenue in New York City for about 25 years, said he looked at other locations but liked the mix at The Forum.

"I think a good complement will be a men's store," he said.

He said he hopes to open Baldini for Men around the second week of November.

Meanwhile, Star Sosa, owner of Spectrum Fine Jewelry, said her experience closing the business has been an interesting one.

"I went through seven negotiations to sell my business and just really had a kind of wild ride, starting with [Hurricane] Florence," Sosa said.

That 'wild ride' ended with her latest negotiation not coming to fruition either after being postponed by Hurricane Dorian and with a new tenant on the way.

"Now I can move on," said Sosa, who described herself as part of the sandwich generation as she takes care of her aging parents as well as young relatives. "I'm not an empty nester by any stretch."

Sosa said she is wrapping up a 35-year career that she might miss later, but she also might continue to be a private jewelry designer.

The final date of business for Spectrum Fine Jewelry has been set for Saturday, Sosa said last week.

"I'm still closing on my terms," Sosa said, "and I've learned a big lesson: It's a hell of a lot easier to sell business assets than to sell a business."
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®
Tommytaylor ceo unitedway

How Philanthropy Fits Into Your Financial Plan

Tommy Taylor - United Way

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season