Michael Kors has found a home in The Bal Harbour shops.
This story first appeared in the December 17, 2009 issue of WWD. Subscribe Today.
Set to bow in late February, the 2,000-square-foot store was designed by the company’s in-house retail design team. The Florida location will bring the company’s store tally to 52 in North America and 70 globally.
The Bal Harbour location will feature a full range of Michael Kors Collection products including women’s ready-to-wear and accessories. There will also be a limited selection of Michael Michael Kors handbags and footwear, as well as fragrance, eyewear, watches and other categories. Projected retail volume is $1,500 to $2,000 a square foot.
The shopping center has an array of designer stores including Chanel, Oscar de la Renta, Yves Saint Laurent, Lanvin, Christian Dior and Bottega Veneta.
“Ever since I was a kid growing up on trips to Miami, the Bal Harbour Shops has been one of my ultimate shopping experiences,” the designer said. “Where else can you find the mix of big-city glamour and a laid-back, relaxed resort vibe at once?”
Miami’s international shoppers were another selling point. John Idol, chief executive officer at Michael Kors, said, “Retail has obviously been an important component for our overall growth this year, and we intend to increase the number of freestanding stores in key global markets.”