Playboy To Relocate HQ To Miami Beach, Build 'Iconic' New Club
Published Friday, August 29, 2025 11:00 am
by Chloe Gallivan

This is a summary

"Playboy, six months after issuing its first print edition in five years, is ditching its Hollywood home for the glitz of Miami Beach.

The men’s media and lifestyle magazine is relocating its global headquarters from California to Miami Beach and plans to open a new club format in the city, Playboy CEO and President Ben Kohn said Tuesday on an earnings call.

Playboy signed a 20K SF lease for the penthouse of the Rivani Miami Beach building and is expected to move in next year, the landlord announced. Rivani, which announced its rebrand from Black Lion Investment Group in the same press release, is spending $100M renovating the building. "

Read the original on Bisnow

Playboy To Relocate HQ To Miami Beach, Build 'Iconic' New Club | Bisnow

Image credit to Bisnow

Playboy To Relocate HQ To Miami Beach, Build 'Iconic' New Club | Bisnow

Go back | Show other stories | Send this page to a friend
Recent News

Francesca’s files for bankruptcy; closing all stores

After 25 years of operations, Houston-based women's clothing and accessories chain Francesca's filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, with plans to close all approximately 400 stores across 45 states and liquidate. The filing came after a convergence of factors including a 2023 data breach, failed investments in non-core brands, supply chain disruptions after two major suppliers lost their own funding, and the failure of an anticipated capital infusion in December 2025. The company carries about $30.1 million in secured debt, with between $10 million and $50 million in consolidated assets and approximately 1,000 to 5,000 creditors, including landlords Simon Property Group and Tanger Properties listed among its top 30 unsecured creditors. This marks the second bankruptcy filing in six years for Francesca's, which was previously sold out of bankruptcy in January 2021 to an affiliate of private equity firm TerraMar Capital for $18 million.

What to watch in retail in 2026

Retail industry trends for 2026 include continued AI adoption for product research and customer service, value-seeking consumers driving traffic to discount retailers, and shopping malls experiencing a rebound with renewed investment in mixed-use projects. Mall foot traffic increased in 2025, with indoor malls seeing a 1.8% rise in visits and visit durations up 3.3% compared to the first half of 2024, as traditional retail shopping centers transform into destinations for entertainment and experiences. Industry executives remain optimistic, with 96% expecting revenue growth and 81% anticipating margin expansion in 2026, despite challenges including weakened consumer buying power, high interest rates, and competition from mass merchants and value retailers. Specialty retailers face particular vulnerability in 2026 as high interest rates, shifts toward online shopping, and aggressive competition from mass merchants are predicted to push overleveraged companies into bankruptcy.

Bain & Co.: U.S. retail sales to grow 3.5% in 2026

U.S. retail sales are projected to grow 3.5% year-over-year in 2026 to reach $5.3 trillion, slightly down from estimated 4.0% growth in 2025, according to Bain & Company's 2026 Global Retail Sales Outlook. Volume growth will remain modest with inflation projected between 2.6% and 3.0%, as mounting consumer strain and declining confidence affect spending amid economic uncertainty, rising unemployment, and slowing labor supply growth. Bain's Consumer Health Index found that sentiment among higher-income U.S. households, who account for more than half of retail spending, declined in January 2026. The report notes that shoppers increasingly gravitating toward lower-priced and private label goods could create a "flight to value" that tempers nominal sales growth, though reduced taxes, declining fuel prices, and potential interest rate cuts could bolster consumer sentiment and spending power.