Porsche Design Halts Expansion, Closes All Canadian Locations

Date:

Share post:

German luxury brand Porsche Design has closed its Canadian stores, as well as discontinued plans to open locations across the country. The brand opened its first location in 2012 with plans for up to eight Canadian locations. 

The company recently informed us of its Canadian exit, but wouldn’t provide details as to why it abandoned its originally ambitious Canadian expansion plans. 

Porsche Design retails high quality, high-priced clothing, accessories, luggage, watches and various novelties. The company was founded in Germany in 1972 to compliment the Porsche motorcar business. It concentrates on product design and products are often manufactured for a limited time. Porsche Design has 20 store locations in the United States as well as one outlet mall location. It also boasts store locations worldwide and its products are also carried in various upscale international retailers. 

The brand originally planned to open stores Canada wide. In November of 2013, its Canadian manager told us that Porsche Design was looking to open stores in Calgary, Ottawa, Toronto, Montreal, and possibly Edmonton. Specifically, the brand has its sights set on Calgary’s Chinook Centre, Ottawa’s Rideau Centre, Montreal’s Carrefour Laval and possibly West Edmonton Mall. Sources also say that the brand was negotiating for retail space at Toronto’s Yorkdale Shopping Centre as well as at Sherway Gardens, where it operated a temporary kiosk for a brief period. All plans are now cancelled, according to the company. 

Porsche Design’s first Canadian location opened in the summer of 2012 at 77 Bloor Street West, in the heart of Toronto’s ‘Mink Mile’. Its retail space is now available for lease, along with the adjacent Guess location, with the possibility to create a combined retail space spanning 10,000 square feet. 

Porsche Design’s second Canadian location opened in the fall of 2013 on the basement level of downtown Vancouver’s Hudson’s Bay building. The awkwardly located retail space, adjacent to the building’s TopShop, was meant to be temporary before the brand moved into either a permanent space below Nordstrom at Pacific Centre, or possibly within Hudson’s Bay itself. Neither option materialized. After opening a Vancouver concession, Porsche Design opened on the concourse level of Toronto’s flagship Hudson’s Bay. That location, too, has since shuttered.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More From Retail Insider

Bloor Street Retail Transformation: Luxury Brands, Renovations, and New Openings in Toronto [Podcast]

Craig and Lee take a deep dive into the dynamic changes occurring on Toronto's Bloor Street West, noting the street's resurgence as a thriving hub for luxury shopping in the city.

Ricardo’s Kandy Korner to Open Flagship Candy Store at CF Toronto Eaton Centre in Toronto [Interview]

Entrepreneur Ricardo Rizaie says he’s planning to take his experiential candy retail concept across Canada after opening a third Canadian storefront in downtown Toronto.

PizzaForno Expands Into Toronto’s Public Transit System, Sets Sights on Airport Locations for Automated 3-Minute Pizzas [Interview]

This innovative move marks PizzaForno's entry into the public transit sector, and demonstrates its commitment to becoming the fastest-growing pizza chain in North America by 2024.

Calgary’s Retail Space Crunch Drives Surge in Rental Rates and Demand [Report]

A variety of complicated factors are at play as Calgary retail space sees demand given market growth, while new supply is limited due to factors such as construction costs.

Lush Cosmetics Sets Ambitious Expansion Plans for Canada Including New Spa Locations, Services, and Entertainment Partnerships [Interview]

The UK-based retailer is innovating with its Canadian operations with enhanced customer experiences and unique treatments, while launching a new app to facilitate bookings and provide more information about products and services.

Canadian Consumers Adjust to Higher Cost of Living [Survey/Video Interview]

An Angus Reid survey asked Canadians how they're navigating elevated inflation, a higher cost of living and a potential recession.

Canadian Shoppers Embrace Generative AI for Shopping Suggestions: Report

The groundbreaking Salesforce report focuses on the growing importance of AI-driven personalization in the retail sector.

Inside the New KITH Store on Yorkville Avenue in Toronto [Photos]

The stunning storefront took months to build, features Kith Treats and a restaurant concept from New York City, and could be a game changer for the Bloor-Yorkville area. 

Canadians Gear Up for Early Holiday Shopping Amid Economic Uncertainty [Feature Report]

As concerns about inflation and supply chain challenges persist, shoppers are on the lookout for deals and exploring alternative places to find gifts while controlling overall spending, says a report by Field Agent.

Walmart Canada Announces $50 Million Investment in Associate Career Development [Interview]

Walmart Canada's education program will support career-driven learning for associates, benefitting both employees and the retailer according to AnnMarie Mercer.

Eliminating Plastics Should not Jeopardize Food Security In Canada [Op-Ed]

Sylvain Charlebois says that concerns are being raised about potential increases to food losses and food prices, while at the same time Canada's unique logistical and trade realities are being overlooked.

Neo Coffee Bar Announces Major Expansion Plans, Including New Downtown Toronto Locations and a Foray into Japanese Cocktails [Interview]

The brand plans to continue growing more rapidly over the next several years in high traffic GTA locations.

Ren’s Pets Expands Toronto Footprint with Three New Stores, Launches Extensive Halloween Collection [Interview]

Pet owners are increasingly seeking costumes, accessories, and treats for their furry companions, with the trend of matching outfits growing during the pandemic.

Browns Shoes to Return to Toronto’s Bloor Street with New Storefront

The Canadian footwear retailer had a presence in the area for decades until recently, and now it returns in a space that is steps from Holt Renfrew.

IKEA Unveils State-of-the-Art 1 Million Square-Foot Distribution Centre in Quebec [Interview]

The new facility aims to enhance IKEA's omnichannel capabilities, serving as a hub for store distribution and direct e-commerce order fulfillment, incorporating automation and environmentally friendly features, with a LEED Silver certification.

Atelier Munro Expands with 2nd Canadian Made-to-Measure Menswear Store in Calgary’s Beltline Neighbourhood [Interview]

The Amsterdam-based menswear brand, known for its made-to-measure clothing, is expanding across Canada with new locations in major markets.

Esprit to Open 1st Canadian Flagship in Vancouver in December, Eyes Toronto for 2024 [CEO Interview]

The brand, which exited Canada over a decade ago, is returning under new leadership with large-format stores and a new strategy.

Canadians Wanting to Learn about Grocery Competition Should Look at the U.S. [Op-Ed]

Sylvain Charlebois says that Canada relies more on corporate goodwill, with a less proactive approach to antitrust concerns -- but as Canadians become more concerned about food pricing, the country may need to reevaluate its approach to foster competition in the food sector.

T&T Supermarket to Open Store Near Yonge & Dundas in Downtown Toronto [Renderings/Interview]

The new store at the base of the former World's Biggest Bookstore will serve local residents and university students, offering a range of ready-to-eat meals and traditional Asian groceries.

CF Chinook Centre in Calgary Undergoes Major Revamp with 35 New, Relocated, or Renovated Tenants in One Year [Interview]

The regional shopping centre continues to dominate the market - thousands recently lined up for the opening of Uniqlo, while Zara will double its size this year.

RECENT RETAIL INSIDER VIDEOS

Advertisment

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Bloor Street Retail Transformation: Luxury Brands, Renovations, and New Openings in Toronto [Podcast]

Craig and Lee take a deep dive into the dynamic changes occurring on Toronto's Bloor Street West, noting the street's resurgence as a thriving hub for luxury shopping in the city.

Ricardo’s Kandy Korner to Open Flagship Candy Store at CF Toronto Eaton Centre in Toronto [Interview]

Entrepreneur Ricardo Rizaie says he’s planning to take his experiential candy retail concept across Canada after opening a third Canadian storefront in downtown Toronto.

PizzaForno Expands Into Toronto’s Public Transit System, Sets Sights on Airport Locations for Automated 3-Minute Pizzas [Interview]

This innovative move marks PizzaForno's entry into the public transit sector, and demonstrates its commitment to becoming the fastest-growing pizza chain in North America by 2024.

Calgary’s Retail Space Crunch Drives Surge in Rental Rates and Demand [Report]

A variety of complicated factors are at play as Calgary retail space sees demand given market growth, while new supply is limited due to factors such as construction costs.

Lush Cosmetics Sets Ambitious Expansion Plans for Canada Including New Spa Locations, Services, and Entertainment Partnerships [Interview]

The UK-based retailer is innovating with its Canadian operations with enhanced customer experiences and unique treatments, while launching a new app to facilitate bookings and provide more information about products and services.

Canadian Consumers Adjust to Higher Cost of Living [Survey/Video Interview]

An Angus Reid survey asked Canadians how they're navigating elevated inflation, a higher cost of living and a potential recession.

Canadian Shoppers Embrace Generative AI for Shopping Suggestions: Report

The groundbreaking Salesforce report focuses on the growing importance of AI-driven personalization in the retail sector.

Inside the New KITH Store on Yorkville Avenue in Toronto [Photos]

The stunning storefront took months to build, features Kith Treats and a restaurant concept from New York City, and could be a game changer for the Bloor-Yorkville area. 

Canadians Gear Up for Early Holiday Shopping Amid Economic Uncertainty [Feature Report]

As concerns about inflation and supply chain challenges persist, shoppers are on the lookout for deals and exploring alternative places to find gifts while controlling overall spending, says a report by Field Agent.

Walmart Canada Announces $50 Million Investment in Associate Career Development [Interview]

Walmart Canada's education program will support career-driven learning for associates, benefitting both employees and the retailer according to AnnMarie Mercer.

Eliminating Plastics Should not Jeopardize Food Security In Canada [Op-Ed]

Sylvain Charlebois says that concerns are being raised about potential increases to food losses and food prices, while at the same time Canada's unique logistical and trade realities are being overlooked.

Neo Coffee Bar Announces Major Expansion Plans, Including New Downtown Toronto Locations and a Foray into Japanese Cocktails [Interview]

The brand plans to continue growing more rapidly over the next several years in high traffic GTA locations.

Ren’s Pets Expands Toronto Footprint with Three New Stores, Launches Extensive Halloween Collection [Interview]

Pet owners are increasingly seeking costumes, accessories, and treats for their furry companions, with the trend of matching outfits growing during the pandemic.

Browns Shoes to Return to Toronto’s Bloor Street with New Storefront

The Canadian footwear retailer had a presence in the area for decades until recently, and now it returns in a space that is steps from Holt Renfrew.

IKEA Unveils State-of-the-Art 1 Million Square-Foot Distribution Centre in Quebec [Interview]

The new facility aims to enhance IKEA's omnichannel capabilities, serving as a hub for store distribution and direct e-commerce order fulfillment, incorporating automation and environmentally friendly features, with a LEED Silver certification.

Atelier Munro Expands with 2nd Canadian Made-to-Measure Menswear Store in Calgary’s Beltline Neighbourhood [Interview]

The Amsterdam-based menswear brand, known for its made-to-measure clothing, is expanding across Canada with new locations in major markets.

Esprit to Open 1st Canadian Flagship in Vancouver in December, Eyes Toronto for 2024 [CEO Interview]

The brand, which exited Canada over a decade ago, is returning under new leadership with large-format stores and a new strategy.

Canadians Wanting to Learn about Grocery Competition Should Look at the U.S. [Op-Ed]

Sylvain Charlebois says that Canada relies more on corporate goodwill, with a less proactive approach to antitrust concerns -- but as Canadians become more concerned about food pricing, the country may need to reevaluate its approach to foster competition in the food sector.

T&T Supermarket to Open Store Near Yonge & Dundas in Downtown Toronto [Renderings/Interview]

The new store at the base of the former World's Biggest Bookstore will serve local residents and university students, offering a range of ready-to-eat meals and traditional Asian groceries.

CF Chinook Centre in Calgary Undergoes Major Revamp with 35 New, Relocated, or Renovated Tenants in One Year [Interview]

The regional shopping centre continues to dominate the market - thousands recently lined up for the opening of Uniqlo, while Zara will double its size this year.