Business Services Industry
The South Florida 500: the region's top public and private companies, and the largest employers
South Florida CEO, July, 2003 by Rochelle Broder-Singer
Stuart Weitzman
* Stuart Weitzman shoes are one of those coveted objects that fashion-conscious women dream about. A favorite of Hollywood celebrities and fashion magazines, Weitzman was inducted into the Footwear News Hall of Fame in 2001. That's helped keep revenues steady at around $100 million, even as total retail sales around the US have declined. Few know that the 20-year-old shoe and handbag collection (and 16 eponymous US stores) is centered at corporate offices here in Broward, but Weitzman is just carrying on the family business, a shoewear line his father started under the name Mr. Seymour, Of course, his father never made a platinum and ruby- or diamond-encrusted shoe, just two of the Weitzman creations that have made special appearances at the Academy Awards.
Planet Automotive
* Cars and trucks have been good to the No. 6 company on the Top Private Companies list. Planet automotive, run by Alan and Robert Potamkin, is the nation's No. 10 automotive dealership group. The Coral Gables-based group's business model has it buying slightly more than half of a dealership from the owner, who usually stays on to run the show. The model seems to be working; Planet had $1.6 billion in sales in 2002, up 8.1 percent from 2001. The Potamkins are also branching out into new concepts. 2002 saw the opening of Planet Dodge (above), a Miami-Dade showroom featuring Spanish-style architecture, video gaming areas, flat-screen plasma televisions and an espresso bar. The "autotainment" concept should be rolled out in other new Planet showrooms soon.
American Woolen
* 2002 was, in the words of CEO Richard Marcus, the century-old blanket manufacturer's "best year ever," with sales rising to $91 million. Its biggest competitor, North Carolina-based Beacon Manufacturing, shut down shortly after parent company Pillowtex went bankrupt. Miami-based American Woolen is picking up nearly all of Beacon's accounts (the company had $150 million a year in sales), and planning a major expansion as it scrambles to keep up with demand for blankets--wool, cotton and synthetic.
Hollander Home Fashions
* This Boca Raton-based company manufactures one of every three pillows sold in the US--making it the country's largest pillow maker. America must be sleeping well, because revenues at Hollander hit $210 million in 2002, a 3 percent rise from 2001. That's 30 million pillows a year. The company doesn't just make pillows, though. All manner of items to turn you into sleeping beauty are its domain: comforters, sheets, even dust ruffles. The bulk of Hollander's work is under license for such brands as Eddie Bauer and Laura Ashley, or private-label bedding for stores including J.C. Penney and Wal-Mart. In 2002, Hollander introduced a line of bedding under the Hollander name. With everything from $5 pillows to $500 comforters in its lineup, the Hollander family--father and son team Leo and Jeff Hollander run the company, which was founded by Leo's father--knows it takes more than sheep to get a good night's sleep.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- "Do not rely on a single economy" ; Larsen and Toubro (L and T) was affected due to the slowdown particularly the products businesses, which include switchgears, construction equipment and industrial bars.
- "The first deliberate call we took was not to lay off anybody" ; The diversified group decided to reskill all surplus workers.
- "Government had to step up its demand" ; The downturn affected the government as much as India Inc. The outgoing advisor to the Government of India details its impact and its lessons.
- "Help your customers even in difficult times" ; Oil was at an all-time high at over $135 per barrel just before the financial meltdown. Then oil crashed to a low of $35 per barrel in January this year, bringing down any fresh demand for pipes fr
- "You have to be visible as a leader" ; Transparency is a standard operating procedure for communications during a downturn.
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- The best time to buy a car: December is not the only time to get a new set of wheels. We'll show you when to make your move to the dealer's showroom


