Month: February 2014

Bal Harbour Shops boasts record sales in 2013

The Whitman family enjoyed a record sales year at their high-end Bal Harbour Shops. Average sales at the retail hub rose 7.4 percent from 2012 to 2013, South Florida Business Journal reported. The shops generated an average of $2,800 per square foot in sales last year. Numerous tenants, including Dolce & Gabbana and Prada, took […]

Bal Harbour Shops reports record breaking year, new stores coming

By Ina Paiva Cordle As luxury shopping heats up, Bal Harbour Shops on Thursday reported a record-breaking 2013, with revenue up 7.4 percent compared to 2012. The luxury center said its shops produce more than $2,800 per square foot in sales, which it said is the most productive shopping center in the world. During 2013, […]

Bal Harbour Shops reports record sales year

Shaun Bevan, Digital Producer Bal Harbour Shops ended 2013 with average sales up 7.4 percent, year-over-year – a record according to the luxury outdoor shopping center. The shops produced an average of $2,800 a square foot in sales, up from the average $2,729 a square foot in 2012. During the year, several shops, including The […]

Packing A Punch In One Square Mile – Year End Numbers Continue to Highlight Bal Harbour’s Unwavering Success

BAL HARBOUR, Fla., Feb. 18, 2014 /PRNewswire/ — Ending 2013 with revenues from hotels, dining and shopping at an all-time high, Miami’s most fashionable beach destination, BalHarbour, has once again proved its leading status in the luxury market.  Resort tax revenue was up more than 53% from the previous year for this tiny one square […]

Miami’s luxury market is booming, local experts say

How do you entice luxury tenants to your project? Is there a danger that luxury retailers are becoming over-exposed? What are the up-and-coming luxury concepts? These and other questions were put to panelists at a packed-to-overflowing SCTLive event in Miami Tuesday. Among those attending was Stanley Whitman, founder of Bal Harbour Shops, the highest-performing mall […]