Advertisement
Advertisement

Steve Madden Launches New Concept Store in Canada

Retail industry news delivered directly to you. Subscribe to Retail-Insider.

American footwear brand Steve Madden has launched a new multi-brand shoe concept in Canada, and it plans to open multiple locations across the country. Called SHOO by Steve Madden, its first Canadian store recently launched at CF Toronto Eaton Centre

As it expands, ‘SHOO’ locations will feature Madden-owned brands such as Steve Madden, Freebird, Betsey Johnson, Dolce Vita, Brian Atwood, Blondo and others. Shoes, handbags, accessories, and footcare products will be included. Brian Atwood is a particularly remarkable brand, given its high prices and limited availability at The Room at Hudson’s Bay in Toronto and Vancouver. 

A Steve Madden company representative noted that the CF Toronto Eaton Centre SHOO location is in its ‘infancy’, and that it will carry more of the company’s brands next spring. In 2016, as well, Steve Madden will look to expand its shoe concept into other Canadian markets, utilizing brokerage Oberfeld Snowcap. The broker’s website says that Steve Madden seeks retail space in the 2,200 to 2,600 square foot range for SHOO, ideally in enclosed malls. 

SHOO’s first Canadian location is located in the recent Level 2 expansion at CF Toronto Eaton Centre, formerly occupied by Sears. The 71,000 square foot expansion opened last month, featuring about 25 retailers. In September of 2016, Nordstrom will open a 213,000 square foot three-level flagship directly above the expansion. 

Antony Karabus, CEO of leading retail consultancy HRC Advisory, commented: “Madden’s new multi-brand concept will benefit the company by providing additional brand exposure and typically more substantial vertical margins from selling its own brands, not to mention being able to expand their distribution within a controlled retail environment. Consumers will also benefit by gaining access to a variety of popular footwear brands in the new SHOO stores, including the popular Steve Madden namesake brand”.

Mr. Karabus further described how “competition in the Canadian retail footwear category is increasing meaningfully as consumers gain the benefit of additional choices from new chains and well-curated assortments to buy footwear. DSW Canada has opened very strongly with 13 stores already and 4 additional stores announced, resulting in parent Town Shoes Limited increasing market share. Relatively new online retailers such as Shoes.com also continue to gain market share in Canada”.

Article Author

Craig Patterson
Craig Patterson
Located in Toronto, Craig is the Publisher & CEO of Retail Insider Media Ltd. He is also a retail analyst and consultant, Advisor at the University of Alberta School Centre for Cities and Communities in Edmonton, and a public speaker. He has studied the Canadian retail landscape for over 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees.

More From The Author

Le Labo Opens ‘Rustic’ Flagship Storefront in Toronto’s Yorkville Area [Photos]

The luxury fragrance brand, known to have limited distribution, has opened its third Canadian storefront in a historic building.

Retail Insider and SAJO Announce Exclusive Partnership

The partnership will include elements of education, given SAJO's 45 year history and view to the future.

RECENT RETAIL INSIDER VIDEOS

1 COMMENT

  1. Hello, My name is Yulia Terekhova and i am from Russia. I am 35 year’s old.I am looking for a job in the USA or Canada, would like to move there, live and work. I like your beautiful shop, especially wounderful shoes..It’s will be a bi please to work and to grown up with such interesting people like you.. yulia1980528@rambler.ru -my mail

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest Stories

Follow us

4,265FansLike
6,734FollowersFollow
10,837FollowersFollow

all-time Popular