Advertisement
Advertisement
Home Blog Page 1158

Sherway Gardens Reveals Next 2-Phase Expansion Details

By
Craig Patterson
-

Last week, Toronto’s CF Sherway Gardens opened the first of three expansion wings planned for the shopping centre, as part of its $550 million overhaul. We spoke with the mall’s General Manager to gain insight into what landlord Cadillac Fairview has planned for Sherway between now and mid-2017, including new wings anchored by Saks Fifth Avenue and Nordstrom.

The mall’s north expansion opened last week with about 50 new stores and an additional 210,000 square feet of retail space. Replacement locations for Sporting Life (38,000 square feet) and menswear retailer Harry Rosen (24,000 square feet) joined new and relocating mall tenants. This north expansion is the first of three phases planned for the centre before the summer of 2017.

We spoke with CF Sherway Gardens General Manager Andy Traynor, who revealed details of all three expansion phases. Mr. Traynor discussed the north phase first, and how its high ceilings provide for dramatic store facades and an overall exciting shopping experience. He explained how the mall’s new upscale Gourmet Fare replaces Sherway’s previous food court, which some complained lacked variety. As well, a number of retailers with locations in older parts of the mall relocated to the new expansion, freeing-up retail space for more new tenants. Mr. Traynor explained how CF Sherway, being one of Canada’s most productive shopping centres, sees tremendous demand for retailers seeking space in west Toronto.

The mall’s east phase, set to open in the spring of 2016, will feature a 132,000 square foot three-level Saks Fifth Avenue location. Saks will occupy the southern portion of the mall’s former 225,000 square foot Sears space, with a 19,000 square foot Pusateri’s-operated Saks food hall on its basement level. Most of the remaining Sears space will be occupied by Sport Chek, which will take three floors and about 70,000 square feet for a technology-filled flagship modelled on the company’s highly successful West Edmonton Mall prototype. Mr. Traynor explained how this Saks phase has exceptional visibility from three major freeways which isn’t by accident — Eaton’s, which originally occupied the Sears box, requested the best highway visibility when the mall was being designed.

The mall’s south phase, set to open towards the middle of 2017, will involve the ambitious demolition of the mall’s former Sporting Life (once occupied by defunct Nordstrom-esq retailer, Bretton’s). In its place, Nordstrom will open a 138,000 square foot store boasting spacious 17-foot ceilings. High ceilings will also characterize the retail wing leading to the new Nordstrom, currently hosting smaller retailers and the former food court above. The current stairway, escalators and elevator will be removed now that the food court has relocated, providing clear sightlines towards the new Nordstrom from the mall’s centre court. Several two-level retail spaces will flank the new hallway leading towards Nordstrom, with the mall’s signature teflon-coated, stretch-fabric tent-like roof remaining above.

Valet parking will be available both at the north end of the mall, as well as in the new south wing where Nordstrom will be located. Mr. Traynor explained that the mall’s expanded parking facility will extend below Nordstrom and that shoppers will be able to access the store via a set of parking-accessible escalators.

Saks Fifth Avenue is scheduled to open on February 25, 2016, and the opening date for Nordstrom is possibly delayed. Although we were told several months ago that Nordstrom’s Sherway store would open at the end of March, 2017, it could now be delayed until later that summer.

Canadian Retail News From Around The Web: October 1, 2015

Study Ranks Canada’s Favourite Supermarkets, Finds Consumer Dissatisfaction

By
Craig Patterson
-
Study Ranks Canada's Favourite Supermarkets, Finds Consumer Dissatisfaction

The Canadian grocery landscape is increasingly very competitive, with traditional supermarkets battling for market share with discounters, mass merchandisers, warehouse clubs and even drug stores. Field Agent Canada just completed a mobile survey about the grocery shopping habits of Canadians in order to determine which retailers are Canada’s Favourite Supermarkets 2015. Until now there has not been a widely published study that looks at how supermarkets are performing in the eyes of the shopper.  

The survey was conducted between Sept 15 and Sept 23 with 974 Canadians, coast-to-coast. The study looked at overall perceptions on both a national and regional basis, as the grocery landscape is unique from one region to another.

“When we asked respondents to rate the two retailers that they shop at most for groceries; the retailer with the highest overall score is Farm Boy, an independent grocery chain based in Ottawa with 19 stores across Ontario” says Jeff Doucette, General Manager of Field Agent Canada. “This is an up and coming retailer that is definitely one to watch!”

Rounding out the Top Five scores were Longo’s (Ontario), Loblaws (Ontario / Quebec), Save-on-Foods (BC / Alberta) and Your Independent Grocer (National, excluding Quebec). Three of the five are independent chains, while Your Independent Grocer is a franchise chain from Loblaw, which also counts its namesake banner in the Top Five.

“It is interesting to note that all retailers in the Top Five are ‘full-service’ supermarkets and all of the banners have been growing their number of stores in the past couple of years”, noted Mr. Doucette. “These are the operators that other supermarket executives should have their eye on.”

While Canada’s Favourite Supermarkets fared better, the average grade for the overall score of all retailers is only a “B”, making it clear that Canadians want their supermarkets to do more and be better.

Beyond uncovering Canada’s Favourite Supermarkets, the study also investigates the performance of key areas of the store such as Produce, Meat and Seafood and takes a look at various elements of the shopping experience including customer service, store cleanliness and checkout speeds.

“Each retailer has specific strengths and weaknesses and this data will be interesting both to industry executives and the average Canadian grocery shopper”, stated Mr. Doucette. “We are excited to have completed the most thorough study into Canadian perceptions about Supermarkets in recent memory, ” he said. 

In addition to national results, the full study highlights the best performing grocers in each category for six regions across Canada (BC/North, Alberta, Manitoba/Saskatchewan, Ontario, Quebec & Atlantic).

Full results can be downloaded at http://fieldagentcanada.com/final-report 

Saks Fifth Avenue Reveals Canadian Salon/Spa Provider and New Short Film

By
Craig Patterson
-

Saks Fifth Avenue has revealed that its Canadian salons/spas will be operated by North America’s largest luxury salon provider, based out of New York City.  As well, Saks just launched a short video featuring a real-life Canadian couple as part of its ongoing Canadian marketing campaign.  

According to Saks, John Barrett will operate Saks’ first two Canadian salons, as well as take over Saks’ U.S. salon and spa operations. Hairstylist John Barrett opened his first salon in 1996 in the penthouse of department store Bergdorf Goodman in New York City. The company has grown to become the largest collection of luxury salons in the United States, known for exceptional service and talent. Saks says that John Barrett plans to invest heavily in the infrastructure, equipment and technology for each salon location. Salons will be designed by Tricarico Architecture and Design, and will be run by staff personally chosen and trained by John Barrett. 

This week, Saks launched a two-minute film as part of its Canadian advertising launch. Called ‘I Left My ♥ in Toronto’, the film stars a real life couple, Alyssa Campanella (American actress and model) and Torrance Coombs (Canadian actor, on CW’s TV drama series, Reign). The film chronicles the couple’s intercontinental romance, with Alyssa living in New York and Torrance based in Toronto. After shopping at Saks’ Manhattan flagship, Alyssa flies to Toronto to see Torrance, and they tour the sites before she has to leave. It’s a rare example of a film shot in Toronto that actually portrays Toronto, and it can be viewed directly below. 

The video above also provides insight into more designers that will be carried at Saks’ Canadian stores. While Torrance’s clothing in the video was by Saks Fifth Avenue Collection, Alyssa wears clothing from designers Oscar de la Renta, Carolina Herrera, Proenza Schouler and Valentino, as well as shoes by designer Alexandre Birman. 

Saks’ first Canadian location, its Canadian flagship, will open on February 18, 2016 within the Hudson’s Bay Queen Street building at CF Toronto Eaton Centre. A week later, on February 25, 2016, Saks’ second Canadian store will open at Toronto’s CF Sherway Gardens. Saks confirms intentions to open stores in Vancouver and Montreal, as well as possibly in Calgary. 

Canadian Retail News From Around The Web: September 30, 2015

Nordstrom Eaton Centre Flagship Configuration Revealed

By
Craig Patterson
-

Landlord Cadillac Fairview recently updated its leasing site to include plans showing CF Toronto Eaton Centre‘s new Nordstrom location, set to open the third week of September, 2016. Nordstrom will locate in some of the retail space formerly occupied by Sears, with some adjacent prime ground floor space going to Japanese retailer Uniqlo and an unknown retailer that some speculate could be an Apple Store flagship.

Nordstrom still occupy almost 213,000 square feet over three levels at CF Toronto Eaton Centre, at the south end of the former Sears space with entrances into the mall. Uniqlo will occupy about 28,000 square feet with its entrance from within a newly-renovated Yonge Street/Dundas Street mall entrance (see plans below), with about 10,000 square feet at street-level and almost 20,000 square feet upstairs.

Several sources speculate that a Yonge Street-facing multi-level retail space marked above as “mystery retailer” could become occupied by a large Apple Store flagship, though this rumour may be untrue, according to Buzz Buzz Home and a discussion at Urban Toronto. 

A source provided us with a rendering of the exterior of the new CF Toronto Eaton Centre Nordstrom, which shows what appears to be a three-level cream-coloured box at the base of the existing (reclad) eight-level former Sears box. We were asked not to publish the rendering by the source, so we’re awaiting official renderings to be provided by Nordstrom.

Below Nordstrom, Sears’ basement level has been reconfigured to include multiple retailers, located down a new hallway joining Dundas Street to the rest of Toronto Eaton Centre via the mall’s ‘Level 2’. This is indicated in the plan below. 

CF Toronto Eaton Centre will be Canada’s fourth Nordstrom location. Nordstrom’s first Canadian store, measuring 140,000 square feet opened at Calgary’s CF Chinook Centre in September of 2014 and on March of 2015, a 157,000 square foot location opened at Ottawa’s CF Rideau Centre. Earlier this month, a 230,000 square foot Vancouver location opened at CF Pacific Centre.

Thank you to Urban Toronto‘s ‘officedweller’ who initially drew our attention to this topic.

Saje Natural Wellness Reveals Continued Expansion Plans

By
Craig Patterson
-

Popular Vancouver-based Saje Natural Wellness has announced several new locations, as it looks to grow to about 50 Canadian stores by 2018. By the end of this year, Saje will operate 34 Canadian locations which is impressive, considering that the retailer had only 14 stores when we first reported on the company in September of 2014. We spoke with co-founder and CEO Kate Ross LeBlanc for an update. 

Ms. Ross LeBlanc revealed that Saje will open locations this fall at Winnipeg’s St. Vital Centre on Friday, October 2, at Oshawa Town Centre on October 16, and at Avalon Mall in St. John’s, Newfoundland, on November 6. Also opening in November will be an expansion of Saje’s Vancouver Robson Street flagship, which annexed an adjacent retail space to create a 1,200-1,300 square foot location and will feature the company’s first Healthy Enviro shop-in-store.

Last week, Saje opened a location in the north expansion wing of Toronto’s CF Sherway Gardens. We’ve used its 30 foot Italian-tile facade as the photo at the top of this article. 

In 2014, Saje opened a total of eight stores in West Vancouver, Calgary, Saskatoon, Winnipeg, as well as four locations in the Greater Toronto Area. In January of this year, it announced a further 12 stores.

Ms. Ross LeBlanc further revealed Saje’s big plans for 2016, which includes opening between 10 and 15 new stores. She said that the company has two more Toronto stores (including one at Upper Canada Mall)in the works and as well, Halifax will see two new stores — one streetfront, the other at Halifax Shopping Centre. A second West Edmonton Mall location will open early next year, complimenting Saje’s highly successful existing mall store. Also in Edmonton, Saje will replace its Southgate Centre store with a unit featuring Saje’s ‘new look’, as Southgate’s existing store reflects an older store design from a few years ago. Saje will also open a location at hybrid outlet centre Tsawwassen Mills, to be located south of Vancouver.

Ms. Ross Leblanc also revealed that the company is examining the feasibility of expanding into the United States, with more details to follow. 

Founded in 1991 as a single store at Lonsdale Quay in North Vancouver, Saje retails hundreds of different natural wellness products, accessories and gift ideas. Products contain 100% natural ingredients, including plant-derived essential oils and base ingredients. Profit Magazine just ranked Saje as #154 in its top 500 fastest-growing Canadian Companies. 

Saje seeks retail space between 700 and 1,200 square feet in top tier malls and high traffic street front locations. John Snable is responsible for mall opportunities and Kate Ross Leblanc is responsible for high profile street-front locations. For leasing enquiries, contact johnsnable@sympatico.ca or kate@saje.ca.

Jaeger-LeCoultre Opens 1st of 2 Confirmed Canadian Locations

By
Craig Patterson
-
PHOTO: ACT7, URBAN TORONTO

Swiss luxury timepiece brand Jaeger-LeCoultre has opened the first of two Canadian boutiques in Vancouver. Located at 1012 Alberni Street, the Vancouver store will be joined by a Toronto location later this week, if all goes as planned with its host retailer. 

The new Vancouver store replaces luxury legwear and knitwear brand Fogal of Switzerland, which vacated the small Alberni Street retail space in August of 2014. Jaeger-LeCoultre is the latest luxury brand to land on Vancouver’s upscale Alberni Street, located at the heart of Vancouver’s ‘Luxury Zone’. Next to LeCoultre is Canada’s first location for premium Chinese jeweller Lao Feng Xiang, and the area will soon see new locations for Moncler, Brunello Cucinelli, Prada, Versace, Strellson and Stefano Ricci, joining already existing luxury retailers such as Louis Vuitton, Tiffany & Co., Hermes, De Beers, and others. 

Toronto’s Jaeger-LeCoultre tentatively opens this week at Yorkdale Shopping Centre, and will be operated by Raffi Jewellers. Jaeger-LeCoultre will locate in a 1,600 square foot space next to Raffi Jeweller’s Rolex boutique, in a retail space formerly occupied by Motherhood Maternity. A source at Raffi Jewellers says that the Yorkdale store will open to the public when ‘finishing touches’ are done.  

CLICK IMAGE FOR INTERACTIVE GOOGLE MAP.

Founded in Switzerland in 1833, Jaeger-LeCoultre is now a subsidiary of luxury goods conglomerate Richemont. Jaeger-LeCoultre has eight locations in the United States. Of those, four are in the Miami area (Aventura, Bal Harbour, Miami Design District, Palm Beach), and two are in the Los Angeles area (Beverly Hills and South Coast Plaza) with a further two in Las Vegas. New York City also has one free-standing Jaeger-LeCoultre boutique. The brand is also carried in upscale retailers across North America.

Indochino Reveals New Store Design

By
Retail Insider
-

By Miranda Sam, Style by Fire

An open space with just the right mix of white space, fabric samples, lounge areas, and merchandise displays warmly welcomes male shoppers. In select locations, a sewing machine is strategically placed at the front of the store, reflecting a current trend in retail design highlighting custom craftsmanship. 

From the Traveling Tailor pop-up shops to the first generation of brick and mortar stores, and now to the latest concept showrooms, Indochino’s retail design has come a long way. A far departure from the previous exposed brick wall, and altogether avoiding Saville Row panelling or hunting lodge clichés, a new salon style concept has been hitting stores since July. The new showrooms have a cleaner Apple-inspired sensibility, and actually include a few iMacs designed to streamline the shopping experience.  

Dean Handspiker, Indochino’s new Director of Visual Merchandise and Store Design, is the creative catalyst behind the new store concept. Hailing from Toronto, Handspiker previously held merchandising positions at Bata, Esprit, and Eniko in Europe. His new store design centers on materials like marble, chrome, walnut,and leather fixtures to achieve an elevated masculine shopping experience. The curtains are even made from Indochino suiting fabrics. 

The company launched its first flagship store in Toronto in August 2014. Since then, another six have been added to its retail portfolio in Canada and the US. Within a short year, the company drastically changed the direction of its showrooms, acquiring a new space for its Toronto showroom and unveiling the new concept by July of 2015. Currently, all seven locations have either been renovated or are in the process of being updated to the new look. 

The biggest changes to the new concept have been redesigning the space to better support the brand’s ethos: to get guys in suits, all the while making it a seamless process. “I spent my first weeks in the showroom watching the customer experience and how our team interacted with clients. These observations drove decisions such as creating comfy lounge areas, improving lighting and building large work tables with more iMacs,” says Handspiker.

BRO-DAL PARTIES WELCOME
The first new showroom in Toronto introduced the Groom’s Lounge, a space where grooms-to-be and their groomsmen can kick back and relax while getting fitted for their custom suits. Handspiker excitedly says, “This is the men’s equivalent to the bridal shop experience which, for us, translates into leather sofas and a foosball table. The guys are liking it.”

INTEGRATED TECHNOLOGY
Technology is at the core of this company’s soul, given its e-commerce beginnings. Internally labeled “Tailor to Tech,” the new design integrates high tech touch points with iMac computers and ample seating so customers can sit down with dedicated Style Guides for stress-free consultations. This is a smart move to get customers fitted right the first time, and from then on bank on repeat business online. “Suiting is a traditional business built on personal touch but we are integrating technology, which is in our DNA, into the showrooms to give customers a more streamlined experience,” says Handspiker. 

BUT FIRST, COFFEE
Nespresso bars are readily available for customers to enjoy single-serve coffee drinks. Often situated near a lounge area, it’s the perfect place for significant others to sit down and enjoy themselves while their partners get fitted. 

TIE IT UP
Taking cues from merchandising that first developed at the Toronto store, sample fabric panels are now displayed in a “knot style.”The former “curtain style,” where large panels of fabrics hung on merchandising walls tall enough to divide space, was more intimidating and fabrics were not as easy to pick up. Plus, who doesn’t love the play on the tie knot?

SHOW OFF SUITING UP
An interesting design feature is that some fitting rooms are located mid-store instead of being conveniently tucked out of sight. The Vancouver location features a line of dressing rooms that lead directly to the Grooms Lounge. The whole fitting process is on public display, showcasing the full Indochino experience. Any shopping anxieties new customers may face would disappear at first sight in the store. 

Indochino plans to have ten stores open by the end of the year, with sights set on Chicago, Dallas, Washington DC, and Ottawa. This global custom suit retailer is ready to take over the world one store – and suit – at a time.

Miranda Sam is the founder and editor of Style by Fire, the source for Vancouver fashion events and retail news. She is also a freelance writer and marketing professional who loves a good soy latte. Connect with Miranda on Twitter via @stylebyfire and Facebook.

Le Creuset Continues Canadian Expansion With 3 Confirmed Locations

By
Craig Patterson
-

French cookware brand Le Creuset continues its Canadian expansion by announcing its first Ottawa, Edmonton and Vancouver locations. The retailer currently operates five Canadian stores in Ontario, Quebec and Alberta, and it continues to seek retail space as it expands across Canada.

Founded in Northern France in 1925, Le Creuset is best known for its colourfully-enameled cast-iron cookware. In Canada, Le Creuset is the number one bridal registry brand, and it’s consistently rated the number one or two cookware supplier to all of the company’s trading partners. It has more than 250 international mono-brand stores in 25 countries, and is distributed in about 30 countries worldwide.

This week, Le Creuset opened its first Ottawa store at upscale address 517 Sussex Drive, located between retailers Kalyana fashions and Wolf & Zed footwear. The 1,130 square foot streetfront location is two blocks north of the CF Rideau Centre, and neighbours Ottawa’s popular ByWard Market area.

Edmonton’s first Le Creuset location, measuring 1,100 square feet will open in October at Southgate Centre. The Ivanhoé Cambridge-owned mall is considered to be one of the city’s top two shopping centres, competing with West Edmonton Mall for world-class retail tenants. This will be Le Creuset’s second Alberta location, following a Calgary CF Chinook Centre store — Canada’s first — which opened in October of 2010.

Le Creuset will also open its first Vancouver location the first week of November on Vancouver’s tony South Granville strip. The 2,200 square foot store will represent one of two Canadian street front locations for the brand, joining the Ottawa unit.

Le Creuset’s Ontario locations include Toronto’s Bayview Village (which opened in August) and CF Sherway Gardens. In Quebec, the retailer operates stores at Place Ste-Foy near Quebec City, and at CF Carrefour Laval near Montreal.

The retailer’s Canadian expansion plans include seeking flagship retail space in downtown Montreal, ideally in the 750 square foot to 1,250 square foot range. Le Creuset is also seeking retail space in Halifax, either streetfront or within a busy shopping centre.

Brokerage Think Retail represents Le Creuset in its Canadian expansion, and was the source of information for this article.

Danish Retailer BESTSELLER to Enter Canada with 5 Confirmed Locations

By
Craig Patterson
-

Trendy multi-brand fast-fashion retailer BESTSELLER opened its first Canadian location last week and by next spring, the company will have five Canadian stores. Remarkably, Canada is only the second country in the world to feature BESTSELLER locations, after opening in its home country of Denmark. We spoke with a company representative for details.

BESTSELLER is a family-owned clothing and accessories company, founded in 1975 in Brande, Denmark. The company provides “fast affordable fashion for women, men, teenagers and children”, according to its website. BESTSELLER is also the name of the parent company for brands including Jack & Jones, Vero Moda, Noisy May, Y.A.S., Only, Selected, and others. The company is one of Europe’s largest fashion companies and its products are available in 70 markets across Europe, the Middle East, Canada and India. The company boasts over 3,000 branded stores across 38 markets and as well, its products are sold in approximately 15,000 multi-brand stores worldwide. Canada’s BESTSELLER locations feature clothing for men and women from a variety of the company’s brands, which can be modified based on demand, trend and sales. Two of its brands, ADPT and Studio 75, will be exclusive to BESTSELLER retail locations in North America.

BESTSELLER will open five Canadian stores between now and spring of 2016. Its first Canadian store opened on Friday, September 18 at Montreal’s CF Carrefour Laval (7,375 square feet), with a second location following this Friday, September 25 at Montreal’s CF Galleries d’Anjou. On October 2, locations will open at Place Ste-Foy near Quebec City, as well as at CF Promenades St. Bruno near Montreal. In the spring of 2016 a fifth Canadian location, its first outside the province of Quebec, will open at Winnipeg’s CF Polo Park.

We spoke with Frank Rocchetti, Marketing and Visual Merchandising Manager for BESTSELLER in North America. He revealed that the retailer plans to open approximately a dozen Canadian locations over the next several years, though the company is being careful with its expansion strategy. He explained how retail stores allow BESTSELLER to build awareness for the company’s brands, which wholesale extensively at retailers throughout Canada. Instead of taking sales away from wholesale accounts, he explained that BESTSELLER’s brand assortment will also act to help build awareness of its brands as the retailer expands throughout the country. Furthermore, stores can gage consumer demand and if a particular brand does exceptionally well within a BESTSELLER location, it may warrant opening a free-standing mono-brand location nearby.

BESTSELLER is represented by brokerage Oberfeld Snowcap for its Canadian expansion, and seeks retail space in top malls with an ‘urban feel’, according to Mr. Rocchetti. Stores will be ideally in the 7,200 to 7,500 square foot range, allowing for merchandising a variety of brands and products. Stores feature a clean, Scandinavian aesthetic.

Mr. Rocchetti also revealed that BESTSELLER’s Canadian website will not feature e-commerce — rather, the company is looking to build ‘touch-points’ via its bricks-and-mortar expansion. Its international website, however, features worldwide e-commerce for all of the company’s brands.

Lolë Continues Canadian Expansion With New Locations and a Downtown Flagship

By
Craig Patterson
-

Montreal-based activewear brand Lolë (Live Out Loud Everyday) continues to open Canadian store locations as it looks to more than double its Canadian store count and substantially grow sales. The company just opened downtown Montreal and Calgary locations, and it has announced two more locations set to open this fall. 

Founded in 2002 in Longueuil, Quebec, Lolë caters to active, urban women and men. It specializes in apparel for yoga, running, swimming and other activities, as well as casual fashion apparel. All locations offer free exercise meet-ups twice weekly at a local park, as well as lectures given by yoga/pilates specialists, and nutrition experts. Tea and fruit are served daily at each store location.

In July, Lolë opened its first Calgary location at The CORE downtown, measuring 1,350 square feet (Alberta’s fifth Lolë store). This week, Lolë opened a remarkable 2,476 square foot Montreal flagship at 954 Rue Ste-Catherine West in Montreal, located in the restored former Loews theatre. The store features 50-foot ceilings and an ornate dome ceiling. 

This fall, Lolë revealed that it is opening two Toronto-area locations: a 1,800 square foot outlet at Vaughan Mills (the brand’s third outlet location) as well as a 1,500 square foot store at CF Toronto Eaton Centre, which recently created space for 25 retailers in part of the mall’s former Sears space. 

Think Retail is Lolë’s exclusive Canadian real estate broker. Lolë seeks well-located downtown street-front, major-mall and outlet retail space in the 1,250 square foot to 2,000 square foot range. 

Lolë currently operates almost 50 stores worldwide, including 24 stand-alone Canadian locations. It also has 200 international shop-in-shops and is available at 1,600 retail locations worldwide. The company plans to open 75 stores worldwide over the next three years. 

Lolë’s sales have been stellar both in Canada and internationally, and they continue to grow. In 2009, Lole forecasted its 2014 sales to be about $97 million. The company exceeded that number, enjoying sales in excess of $105 million last year. The company’s sales forecasts for 2015 are about $125 million and for 2017-2018, the company predicts revenue of about $210 million. Lolë sees tremendous international growth opportunities, especially in the United States.

1...1,1571,1581,159...1,276Page 1,158 of 1,276

FEATURES ON RETAIL INSIDER

spot_img
spot_img

About

Contact

Media

Follow

© 2025 Retail Insider Media Ltd. All Rights Reserved. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner.