Playboy Enterprises is officially back in Beverly Hills.
Hugh Hefner and the Beverly Hills City Council were on hand at the ribbon-cutting ceremony that saw the global headquarters of his company return from Chicago to the LA area.
Playboy, which once leased space in Glendale and Santa Monica, will now occupy 45,000 square feet of office space near the Beverly Hills City Hall.
Said Hefner, who founded the brand in 195 and attended with his on-again Playmate girlfriend Crystal Harris: “We have been spread out for many years in several cities and it is nice to bring everybody together.”
Added CEO Scott Flanders: “Believe it or not it’s actually a cost savings for us because we had twice as much space in Chicago than what we’ve needed to have here with the benefit of having everyone in one facility.”