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 Webster Bal Harbour, Akris, Lalique, Prada, Dolce & Gabbana and Loro Piana, expanded their stores.
“2013 was yet another record-breaking year at Bal Harbour Shops, where we saw our sales increase 7.4 percent over 2012, which, until 2013, had been our best year ever,” said Matthew Whitman Lazenby, operating partner for Bal Harbour Shops. “Our specialty department store category, comprised of Neiman Marcus and Saks Fifth Avenue, was up solid double digits for the year, as was our restaurant category, with some individual restaurants up over 35 percent. Even our service businesses were up over 20 percent.”
Coming up for Bal Harbour Shops is the opening of The Grill at BalHarbour, a 6,400-square-foot restaurant that will feature indoor and outdoor dining on the shopping center’s second level.
- 20 Feb, 2014
- Posted by Greg Moal
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