Stefano Ricci Opens 1st Canadian Store [Photos]

Date:

Share post:

Ultra-luxury Italian brand Stefano Ricci has opened its first Canadian store, in Vancouver. The 2,600 square foot boutique is located at 1139 West Georgia Street, next to the new Trump Tower in the city’s expanding ‘Luxury Zone’. 

The store features Stefano Ricci’s pricey menswear as well as fragrances, accessories (such as leather goods and cuff links) and home goods such as porcelain and crystal dinner services, silverware and luxury linens. Every item in the store is made by hand in Italy, using the highest quality of materials. Stefano Ricci has been described as ‘the Rolls-Royce’ of clothing, with stratospheric prices that include a crocodile skin jacket in the store that retails for about $150,000. 

Interior features include ample burled California walnut wood, along with custom millwork imported directly from Italy. The store is co-owned and operated by Manuel Bernaschek, owner of popular Vancouver-based Showcase Pianos. The Vancouver lease deal was coordinated by Martin Moriarty and Mario Negris of CBRE Vancouver. 

Stefano Ricci joins a number of luxury brands that have opened in Vancouver’s ‘Luxury Zone’ over the past 24 months, centred on Alberni Street as well as adjacent Burrard Street and Thurlow Street. Rolex, Prada, Versace, Brunello Cucinelli, Moncler, Jaeger-LeCoultre, and others have recently opened, with several more luxury brands to be announced for the area in the coming months. The hotel component of Vancouver’s Trump International Hotel & Tower is set to open this week, as well.

While there are no immediate plans for more Stefano Ricci locations in Canada, Mr. Bernaschek said that there’s a possibility that Toronto could be the next Canadian city to see a Stefano Ricci boutique. 

Founded as a tie-manufacturing firm in Florence (by designer Stefano Ricci) in 1972, the family-run company “strives for quality to the point of perfection” — with prices to match. Attention to detail is key and the brand only uses the finest leathers, skins and fabrics. It retails menswear (including suits, dress shirts, jeans, polo shirts, casual wear and neckties), accessories (including leather goods and cufflinks), fragrances and home goods such as porcelain and crystal dinner services, silverware and luxury linens. The brand currently operates three North American locations — in New York City, Beverly Hills and Las Vegas, with a fourth set to open soon in Miami. The remainder of its stores are in Europe, the Middle East and Asia. 

2 COMMENTS

  1. I hope this store is a success. It it succeeds than I feel that any luxury store can make it in Vancouver given Ricci’s price point.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

RELATED ARTICLES

Load more

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Toronto-Based Rawcology launches GUT TO GO probiotic snack bites, expands retail distribution across Canada

The launch marks the company's latest product expansion as it responds to growing consumer interest in convenient foods with added nutritional benefits.

June spending holds steady as Canadians balance essentials and experiences: RBC

“The breadth of spending increases across categories points to households maintaining a cautiously optimistic view heading into the summer even as they remain selective about bigger-ticket discretionary purchases.”

Retailers risk losing sales as more shoppers expect tap-to-pay, Oobit survey finds

44% say a no-tap business feels outdated, a perception problem that compounds the lost sales.

Why consumer behaviour is becoming harder to predict in the AI shopping era

"The whole game is moving from understanding audiences to understanding intent. The brands that make that jump win.”

Why smart retail brands are investing more in in-store experiences despite e-commerce growth

80% of consumers say in-person events are the most trusted way to discover new products — and 85% are more likely to make a purchase after engaging with a brand in person. 

Daily Synopsis: July 14, 2026

Fake fashion stores mislead Canadian consumers online, how malls have sifted with society, Steve's Music auctioning remaining gear, Healthy Planet opening store, Frenchy's thrift store gets own musical, and other news.

Retail Insider “Luxury Report”: Control, Concentration and the Rise of Canada’s Premier Retail Nodes

Canada's luxury retail market is becoming increasingly concentrated around a select group of premier destinations as brands prioritize flagship stores, direct customer relationships and experience-led retail. Retail Insider's latest report examines the forces reshaping luxury investment, real estate and competition.

Bakebe Finds Early Success at CF Markville as Experiential Retail Continues to Grow

Bakebe has opened its first Canadian location at CF Markville, bringing its app-guided baking concept to Canada as experiential retail continues to grow.

Canadian Retailers Face New Discovery Challenge as Shoppers Turn to AI

Canadian retailers face a new challenge as shoppers turn to AI for product discovery, with Retail Rewired’s Chris Parsons urging stronger content, reviews and product data.

Canadian Retail Employment Rebounds but Remains Down Nearly 72,000 Jobs

Canadian wholesale and retail employment rose in June but remains down nearly 72,000 jobs, with Suzanne Sears warning of staffing and service pressures.

Aritzia, Group Dynamite outperform retail sector by targeting affluent shoppers: analyst

Winder said both companies have posted results that far exceed typical retail growth, with strong double-digit sales increases and improved profit margins at a time when many retailers are contending with cautious consumer spending.

Canadians entering pay periods with much of income already committed: MNP survey

61 per cent of Canadians say at least half of their income is already allocated before they receive it.

Restaurant industry leads Canada in youth job growth through first half of 2026

While most other industries have been cutting youth jobs, the restaurant industry employed an average of 52,770 more youth during the first half of 2026 than during the same period in 2025.

Jersey Mike’s opening first Manitoba restaurant as Redberry expands Canadian footprint

The opening also launches a five-day fundraising campaign in support of Make-A-Wish Canada, part of a broader commitment announced in May to raise $1 million for the charity by 2030.

Rising costs and supply chain volatility put consumer goods brands under growing pressure: DOSS

36% made major business decisions using outdated or incorrect data.

Daily Synopsis: Jul 13, 2026

Aritzia seeing success, 4th generation takes over Prince Albert clothing store, Peter Nygard pleads guilty on sexual assault charges, and other news.

Retail Insider “Consumer Behavior & Retail Economy Report”: Canada’s Market Grows Increasingly Divided

Retail Insider's latest Consumer Behavior and Retail Economy Report examines how affordability pressures, selective spending, retail real estate polarization, and widening differences between value and premium segments are reshaping Canada's retail landscape and influencing strategic decisions across the industry.

Mondetta Returns to Physical Retail at Holt Renfrew as National Expansion Takes Shape

Mondetta has returned to physical retail with a Holt Renfrew pop-up in Toronto as the Canadian brand plans permanent stores and a national expansion.

New Retail-Theft Sentencing Rules Take Effect in Canada July 15

New federal retail-theft sentencing reforms take effect July 15, adding an aggravating factor for theft intended for resale, barter or fraudulent return.

Canadian Shoppers Choose by Mission, Not Channel, New Research Finds

A recent study from the Retail Council of Canada reveals how Canadian consumers navigate affordability through competitive shopping strategies, using both online and in-store resources to find the best deals.