April 27, 2015
Chanel has stepped up in Orange County! The store at South Coast Plaza added 2,000 square feet to its footprint and now has 9,000 square feet at its flagship location in Orange County. That is huge, considering that rents in the mall are at $910 per square foot. But when you’re brining in $1.7-billion in revenue, who really cares? The opening party had champagne and caviar.
How do you feel about the luxury market in Orange County?