The Forum Shops at Caesars defined the luxury retail landscape in Las Vegas when
it first opened in 1992. Today, more than 20 years later, the world-renowned
shopping destination maintains its position as the top performing enclosed
shopping center in the industry and is globally recognized as the premiere
address for luxury retail. In 2012, The Forum Shops continued as an industry
leader that has consistently shown strong sales growth year over year. Strong
sales for this previous year reflect double-digit increases. The Forum Shops
has seen an impressive number of new openings, first-to-market tenants,
significant store expansions and store remodels in the past twelve months. The
Forum Shops continues to exemplify how the right tenant mixture combined with
compelling marketing and experiential events is the formula for year over year
success.
Boasting distinctive painted skies, talking
statues, a spiral escalator, Roman architecture and an impressive mix of
prestigious retailers and restaurants, The Forum Shops continues to set the
standard for shopping in Las Vegas.
Highlights this year include:
- Ten new retailers have opened inside The Forum Shops. Among them are several
first to the market such as Alfred Dunhill, Hublot, Breitling, Panerai, L.K.
Bennett, Sandro and Sergio Rossi. Additional openings include Henri Bendel,
Rolex and Diane von Furstenberg.
- Six more new tenants are coming soon including; Van Cleef & Arpels, M
Missoni,
REDValentino, luxury Western outfitters Kemo
Sabe will open their first Las Vegas location and Citta delle Luci will open
inside The Forum Shops. Carmine’s NYC Italian Family Restaurant also is set to
open the first west coast location of the legendary family-style Italian
eatery.
- Five retailers within the famed center have either expanded or remodeled
including; Michael Kors, Cache, bebe, Roman Times and Tod's.
“The Forum Shops continues to be the most
valuable retail and entertainment real estate in Las Vegas,” says Vicki Hanor,
executive vice president of leasing, Simon Property Group. “Maintaining a
leadership position in the global retail industry is truly a testament to the
power of our unique and impressive collection of renowned retailers and
restaurants.”
The Forum Shops at Caesars continues to attract
an impressive variety of new retailers and brands reaffirming that it is the
premiere retail destination in Las Vegas.
“Las Vegas represents an essential step for our
US retail strategy. It is a market where the demand for luxury accessories –
especially footwear - remains robust,” said Tim Crout, president, Sergio Rossi
Americas. “It will be our first US boutique to open in the new concept and will
carry all categories including women’s, leather goods, bridal, and men’s. While
location is important in every market, it is absolutely critical in Las Vegas
and we could not be better positioned for what will be our debut boutique in Las
Vegas.”
New retailers and restaurants for 2013 that are
opening soon at The Forum Shops include:
- Van Cleef & Arpels: In the course of over a century of
history, Van Cleef & Arpels has provided legendary clients with unique and
exquisite jewelry and pieces that defy time.
- REDValentino: REDValentino combines freshness and classic
style. Symbolizing a glamorous, romantic and playful parallel world where
anything is possible, RED revisits the timeless beauty and style of Valentino.
- M Missoni: Fresh and colorful, cool and chic women’s
fashion, the M Missoni brand is synonymous with distinctive and unique style in
a spirit of non-conformist freedom.
- Carmine’s NYC Italian Family Restaurant: The first west
coast location of NYC’s legendary family-style Italian eatery Carmine’s brings a
25,000 square-foot, two-level iconic restaurant to The Forum Shops at Caesars.
The highly-regarded eatery is famous for its abundant portions served in a
festive, warm and attentive atmosphere.
- Kemo Sabe: Luxury western wear retailer brings first store
in Las Vegas to The Forum Shops.
- Citta delle Luci: A gift shop like no other, featuring an
extensive selection of logo items, exclusive Las Vegas souvenirs and indulgent
treats.
“The Forum Shops at Caesars was a natural
choice for Carmine’s. It is the number one shopping destination in the country
with tremendous volume, along with style and class, making it an ideal match for
Carmine’s which is known for its WOW factor, serving abundant family style
portions of southern Italian fare,’ said Jeffery Bank, chief executive officer,
Alicart Restaurant Group. “The legendary Carmine’s restaurant originally opened
in New York City in 1990 and now 23 years later, Carmine’s needed its first
restaurant west of the Mississippi to continue that WOW factor, and The Forum
Shops was a perfect fit.”
British accessible luxury brand L.K.Bennett
opens their first Las Vegas store at The Forum Shops at Caesars and Didier
Drouet, CEO of L.K.Bennett London adds, “Through our presence in the iconic
Forum Shops we can celebrate our global reach for existing and new customers
through their high volume of visitors.”
In order to better serve customer needs,
another five retailers within the famed center have either expanded or remodeled
including; Michael Kors, Cache, bebe, Roman Times and Tod's.
The Forum Shops at Caesars welcomes more than
28 million visitors each year, a testament to its lasting momentum. Today, more
than 20 years after its initial opening, The Forum Shops continues to be the top
performing enclosed luxury retail shopping center and serves as the industry
benchmark enjoying unparalleled success as the premiere retail, dining and
entertainment destination in the world.
“The Forum Shops is an authentic success story
and has defined the face of luxury retail in Las Vegas. The ongoing success
comes from creating an experience that has become a destination for locals and a
shopping/dining must-see for domestic travelers and international visitors,”
said Maureen Crampton, director of marketing, The Forum Shops. “Since opening in
1992, the center helped the city gain international recognition as a shopping
destination. As a result, the consumer continues to associate Las Vegas with
luxury brand retail.”
ABOUT THE FORUM SHOPS AT
CAESARS
Celebrating its milestone 20th
anniversary in 2012, The Forum Shops at Caesars opened 283,000 square feet in
May 1992 to immediate success. An August 1997 expansion to 500,000 square feet
continued the momentum. The third phase of The Forum Shops’ growth was a
three-level expansion extending from the existing retail, dining and
entertainment icon to the famed Las Vegas Strip adding 175,000 square feet and a
distinctive spiral escalator, with completion October 2004. The Forum Shops is
recognized for its unique combination of top retail, dining, entertainment,
excellent location and exciting ambiance featuring 160 specialty shops and
restaurants. Additional information may be accessed at www.forumshops.com
You may want to read our previous fashion news post about this retail location at the following: