Louis Vuitton to Open Yorkdale Flagship

Date:

Share post:

LVMH-owned French luxury brand Louis Vuitton will open a flagship store at Toronto’s Yorkdale Shopping Centre in the summer of this year. It’s part of a larger investment by Vuitton which has opened two standalone stores over the past two years and is said to be looking to open at least one flagship store in a major Canadian city in the future.

The Yorkdale Louis Vuitton store will span more than 8,000 square feet on one level, and will be located in a prominent corner location in the mall near several other luxury brands. The store will carry the luxury brand’s assortment of bags and accessories as well as jewellery, footwear and ready-to-wear collections for both men and women. Given the base of affluent shoppers at Yorkdale, limited-edition items can be expected according to one source. The cost to construct the store’s facade, alone, is said to be over $1 million.

Louis Vuitton will locate across from Yorkdale’s Sephora and Zara stores, and will be next to Italian luxury brand Mr. and Mrs. Italy, and across from Ladurée. Other nearby retailers include Saint Laurent and Richemont Group’s clustering of jewellery and watch brands. The hall southward, toward the recently opened Furla store, will also be positioned to house luxury retailers, according to sources at Yorkdale’s landlord Oxford Properties.

CLICK IMAGE FOR INTERACTIVE YORKDALE MALL MAP

Yorkdale’s Louis Vuitton will replace several retailers that recently vacated or moved from within the shopping centre. That includes Tumi (which relocated nearby several months ago), Thomas Sabo (which will exit Canada), as well as Call it Spring and Indochino, both of which relocated in anticipation of Louis Vuitton’s new store.

LOUIS VUITTON AT HOLT RENFREW ON BLOOR ST, TORONTO. PHOTO: LOUIS VUITTON

For almost a decade, Louis Vuitton has operated a leased concession space at Yorkdale’s Holt Renfrew store. A source at Louis Vuitton said that the 4,000-square-foot concession at Holt Renfrew would remain open even after the standalone flagship opens, and that the Yorkdale Holt Renfrew concession is the top-selling Louis Vuitton store in Canada — outpacing sales of Vuitton’s two highly productive Vancouver storefronts, one of which is a ‘Maison’.

In anticipation of the flagship opening at Yorkdale, Louis Vuitton opened a year-long men’s pop-up store within Holt Renfrew in the mall. The space, featuring a metallic rainbow finish, is located at the front of the store that is known for its three-storey video screens flanking the entrance. The men’s pop-up will close when the new standalone flagship opens in several months time.

LOUIS VUITTON MEN’S POP UP IN HOLT RENFREW, YORKDALE. PHOTO: LOUIS VUITTON.

It’s not unprecedented for Louis Vuitton to operate two stores in a mall. In the United States, several upscale shopping centres feature standalone Louis Vuitton stores while at the same time operating a Vuitton concession within an upscale department store. They include names such as Neiman Marcus, Saks Fifth Avenue, Bloomingdale’s, and even a handful of Macy’s locations.

Louis Vuitton has been investing heavily in its Canadian operations over the past several years. That includes having opened two standalone stores in Alberta. In October of 2018, Louis Vuitton opened a standalone 4,500-square-foot store at Calgary’s CF Chinook Centre, while at the same time exiting its concession space within the Holt Renfrew store in downtown Calgary.

In Edmonton, Louis Vuitton opened a standalone 4,600-square-foot store at West Edmonton Mall in June of 2019 and shuttered its concession at the downtown Edmonton Holt Renfrew store earlier this month. Holt Renfrew closed on January 11th of this year partly because of Louis Vuitton’s plans to exit the store.

LOUIS VUITTON CF CHINOOK CENTRE STOREFRONT. PHOTO: COURTESY OF LOUIS VUITTON / PAUL WARCHOL

In other Canadian cities, Louis Vuitton is also making major investments. In Vancouver, where Louis Vuitton operates a 10,000-square-foot ‘Maison’ flagship at the Fairmont Hotel Vancouver, the brand has recently been expanding its presence within the nearby Holt Renfrew store. That includes expanding the Louis Vuitton men’s concession to house ready-to-wear clothing as well as footwear, bags and accessories, while a women’s ready-to-wear boutique was added on the third floor of Vancouver’s Holt Renfrew store. They’re a first of its kind in Canada. A Vuitton bag and accessory concession on the main level luxury hall at Holts is also quite large and is said to sell more bags than the standalone Vuitton flagship with a 730 Burrard Street address.

In Montreal, Louis Vuitton is building a new store at Holt Renfrew Ogilvy which will open in the next few weeks. The concession will be located in a corner space on the main floor of Holt Renfrew Ogilvy, facing both Ste-Catherine Street West as well as Rue de la Montagne. A Hermes boutique will open next to it with its own facade on Ste-Catherine Street. A unique Louis Vuitton pop-up at the soon-to-close Holt Renfrew store on Sherbrooke Street will close this spring after the new Sherbrooke Street Holt Renfrew Ogilvy storefront opens.

In Toronto, Louis Vuitton opened a 2,650-square-foot accessory concession on the main level of Holt Renfrew’s 50 Bloor Street West store in November of 2018, replacing a smaller location nearby within the flagship store. It was part of an overhaul of the main floor of Holts, which has become something of a luxury floor with several significant luxury boutiques operating within. Nearby at 150 Bloor Street West, Louis Vuitton operates an 18,000-square-foot ‘Maison’ which spans two levels and is one of the grandest Louis Vuitton stores we’ve seen.

In years past, Louis Vuitton operated a 2,500-square-foot boutique at the Cascade Plaza shopping centre in downtown Banff, Alberta. The boutique closed in May, 2011.

Sources say that Louis Vuitton has been in talks to open a 9,000-square-foot standalone boutique in a major Canadian city. We’ll follow up with further details when permitted to discuss it further.

Louis Vuitton is the latest luxury brand to expand its presence at Yorkdale. Longchamp relocated to a larger space in the mall earlier this month, and in December Ted Baker moved to a new space nearby — both spaces will be joined for a soon-to-be-announced luxury brand which is also owned by LVMH. Other luxury brands that have moved into Yorkdale over the past year include Bottega Veneta, Valentino and Balenciaga, while the mall’s Holt Renfrew store recently saw an expansion which include a new menswear department as well as large ‘world of’ concession spaces for Dior (3,800 square feet), Fendi (2,000 square feet) and Gucci, which opened a stunning 6,000-square-foot concession at Holts in the summer. Brunello Cucinelli recently opened at Holts and a Christian Louboutin boutique will as well.

Louis Vuitton is one of the world’s top-selling luxury brands, with sales well surpassing $10 billion annually. Top rivals include Chanel and Gucci, with Hermes also seeing billions of dollars a year in sales.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More From Retail Insider

Anatomy of a Leader: Ken Keelor, CEO of Calgary Co-op

After moving to Canada from India in 1995, Keelor began working at Save-on-Foods and then other major retailers as his career progressed upwards.

Unprecedented Opportunity for Canadian Retailers to Sell to Consumers in China Online

China is the world’s largest online consumer market, and it is projected to grow for years to come.

Modern Golf Opening Innovative Golf Social Experience in Downtown Toronto’s First Canadian Place [Interview]

The 8,500-square-foot Financial District space will feature multiple bays, bars, lounge areas, and partnerships with Food Dudes for food and beverage offerings, marking a significant shift in the company's growth strategy.

Krispy Kreme Doughnuts Gears Up for Nationwide Expansion in Canada with Innovative Store Formats [Interview]

New locations in new markets are planned, including a mix of Doughnut Café concepts and manufacturing locations for the public called 'Theatre Hubs'.

Robson Street in Vancouver in Flux as New Retailers Prepare to Open Stores [Feature]

The street is seeing new retailers prepare to open, including a prominent corner that is about to see some very big changes and a potential luxury mall nearby cancelled.

Wendy’s Bold Dynamic Pricing Move Has its Positives and Negatives [Op-Ed]

Sylvain Charlebois discusses the unusual move by Wendy's in the US to implement dynamic pricing, and how it could benefit the business while potentially turning off consumers.

Growing Crisis in Retail Inventory in Canada as Factory Direct Liquidates Stores [Interview]

The founder of A.D. Hennick & Associates says he's seeing overwhelming demand to liquidate inventory, indicating a concerning trend in the industry as more retailers look to insolvency.

Here’s What We Can Learn from Canada’s Response to Inflation in the 1980s and 1990s [Op-Ed]

Younger, poorer households have disproportionately suffered because their price index is skewed more toward food and shelter, say the authors.

Food Preferences in Canada Changing as Millennial and Gen Z Demographics Shift [Op-Ed]

Sylvain Charlebois discusses Canada's aging population and how younger consumers are shifting the grocery food landscape.

Henry Singer Unveils Downtown Edmonton Flagship Store at the ICE District, Featuring a Bar, Barber and Shoe Shine [Photos/Interview]

Jordan Singer discusses how the upscale menswear retailer recently relocated its Edmonton flagship store from Manulife Place into a 10,000 square foot space at the base of Western Canada's tallest building.

Canadian Retail Sales Dip: Year-End Drop in Discretionary Spending [J.C. Williams Group Analysis]

2023 Canadian retail sales ended in a lacklustre way, with controlled consumer spending amid a tumultuous year.

Landlord QuadReal Launches Pickleball Courts in Commercial Properties to Create Consumer Experience [Interview/Photos]

The initiative helps revitalize and re-imagine spaces using sustainable development practices, while incorporating the latest technology to enhance the visitor experience, blending physical and digital elements.

Canadian Consumers Willing to Switch Grocery Stores while Seeking Bargains: Study [Op-Ed]

Sylvain Charlebois says that a new survey offers a rigorous look into the preferences and behaviours shaping the future of grocery shopping in Canada.

Iconic Flo’s Diner in Toronto’s Yorkville Forced to Close After 33 Years Amid Landlord Dispute 

Retail Insider interviewed Flo’s co-owner who discusses the “heart wrenching” situation where he is being forced to close his business that began on Bellair Street in 1991.

Anatomy of a Leader: Teresa Spinelli, Owner of Alberta-Based Italian Centre Shop Ltd.

Spinelli discusses her leadership of the popular retailer which has expanded over the years, describing how she struggled to run the company at first and grew to love it.

Upscale Canadian Fashion Brand SMYTHE Expands with New Standalone Calgary Store [Interview/Photos]

It's the second store location for the Toronto-based brand, which is seeing success with its exclusive womenswear collections.

Toronto’s CF Sherway Gardens Hits Sales Milestone with Exciting Retail Growth and Future Plans [Interview]

The shopping centre is adding new retailers as sales per square foot hit an all-time high, with plans to re-tenant Nordstorm as foot traffic grows following Eataly's opening in the mall a few months ago.

ECS Coffee Opens Canada’s Largest Coffee and Espresso Equipment Gear Showroom and Retail Space in Toronto [Interview]

The new Etobicoke location is unique to Canada if not North America, according to its founder, with coffee roasting, equipment showroom, over 500 varieties of coffee, Youtube studio and various in-store experiences. He has plans to expand the concept nationally.

New Loblaws City Market Opens in Vancouver’s ‘The Post’ Building, Adding Grocery Competition to the Downtown Core [Podcast]

Craig and Lee discuss the opening of a new Loblaws City Market in downtown Vancouver's renovated Post building, and they explore its potential impact on local grocery shopping.

Loblaw Announces $2 Billion Investment in Canada for 2024 with Dozens of New Stores and 7,500 New Jobs [Expert Comment]

The retail behemoth will be growing substantially this year, following backlash over profits as inflation continues to impact Canadians.

RECENT RETAIL INSIDER VIDEOS

Advertisment

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Anatomy of a Leader: Ken Keelor, CEO of Calgary Co-op

After moving to Canada from India in 1995, Keelor began working at Save-on-Foods and then other major retailers as his career progressed upwards.

Unprecedented Opportunity for Canadian Retailers to Sell to Consumers in China Online

China is the world’s largest online consumer market, and it is projected to grow for years to come.

Modern Golf Opening Innovative Golf Social Experience in Downtown Toronto’s First Canadian Place [Interview]

The 8,500-square-foot Financial District space will feature multiple bays, bars, lounge areas, and partnerships with Food Dudes for food and beverage offerings, marking a significant shift in the company's growth strategy.

Krispy Kreme Doughnuts Gears Up for Nationwide Expansion in Canada with Innovative Store Formats [Interview]

New locations in new markets are planned, including a mix of Doughnut Café concepts and manufacturing locations for the public called 'Theatre Hubs'.

Robson Street in Vancouver in Flux as New Retailers Prepare to Open Stores [Feature]

The street is seeing new retailers prepare to open, including a prominent corner that is about to see some very big changes and a potential luxury mall nearby cancelled.

Wendy’s Bold Dynamic Pricing Move Has its Positives and Negatives [Op-Ed]

Sylvain Charlebois discusses the unusual move by Wendy's in the US to implement dynamic pricing, and how it could benefit the business while potentially turning off consumers.

Growing Crisis in Retail Inventory in Canada as Factory Direct Liquidates Stores [Interview]

The founder of A.D. Hennick & Associates says he's seeing overwhelming demand to liquidate inventory, indicating a concerning trend in the industry as more retailers look to insolvency.

Here’s What We Can Learn from Canada’s Response to Inflation in the 1980s and 1990s [Op-Ed]

Younger, poorer households have disproportionately suffered because their price index is skewed more toward food and shelter, say the authors.

Food Preferences in Canada Changing as Millennial and Gen Z Demographics Shift [Op-Ed]

Sylvain Charlebois discusses Canada's aging population and how younger consumers are shifting the grocery food landscape.

Henry Singer Unveils Downtown Edmonton Flagship Store at the ICE District, Featuring a Bar, Barber and Shoe Shine [Photos/Interview]

Jordan Singer discusses how the upscale menswear retailer recently relocated its Edmonton flagship store from Manulife Place into a 10,000 square foot space at the base of Western Canada's tallest building.

Canadian Retail Sales Dip: Year-End Drop in Discretionary Spending [J.C. Williams Group Analysis]

2023 Canadian retail sales ended in a lacklustre way, with controlled consumer spending amid a tumultuous year.

Landlord QuadReal Launches Pickleball Courts in Commercial Properties to Create Consumer Experience [Interview/Photos]

The initiative helps revitalize and re-imagine spaces using sustainable development practices, while incorporating the latest technology to enhance the visitor experience, blending physical and digital elements.

Canadian Consumers Willing to Switch Grocery Stores while Seeking Bargains: Study [Op-Ed]

Sylvain Charlebois says that a new survey offers a rigorous look into the preferences and behaviours shaping the future of grocery shopping in Canada.

Iconic Flo’s Diner in Toronto’s Yorkville Forced to Close After 33 Years Amid Landlord Dispute 

Retail Insider interviewed Flo’s co-owner who discusses the “heart wrenching” situation where he is being forced to close his business that began on Bellair Street in 1991.

Anatomy of a Leader: Teresa Spinelli, Owner of Alberta-Based Italian Centre Shop Ltd.

Spinelli discusses her leadership of the popular retailer which has expanded over the years, describing how she struggled to run the company at first and grew to love it.

Upscale Canadian Fashion Brand SMYTHE Expands with New Standalone Calgary Store [Interview/Photos]

It's the second store location for the Toronto-based brand, which is seeing success with its exclusive womenswear collections.

Toronto’s CF Sherway Gardens Hits Sales Milestone with Exciting Retail Growth and Future Plans [Interview]

The shopping centre is adding new retailers as sales per square foot hit an all-time high, with plans to re-tenant Nordstorm as foot traffic grows following Eataly's opening in the mall a few months ago.

ECS Coffee Opens Canada’s Largest Coffee and Espresso Equipment Gear Showroom and Retail Space in Toronto [Interview]

The new Etobicoke location is unique to Canada if not North America, according to its founder, with coffee roasting, equipment showroom, over 500 varieties of coffee, Youtube studio and various in-store experiences. He has plans to expand the concept nationally.

New Loblaws City Market Opens in Vancouver’s ‘The Post’ Building, Adding Grocery Competition to the Downtown Core [Podcast]

Craig and Lee discuss the opening of a new Loblaws City Market in downtown Vancouver's renovated Post building, and they explore its potential impact on local grocery shopping.

Loblaw Announces $2 Billion Investment in Canada for 2024 with Dozens of New Stores and 7,500 New Jobs [Expert Comment]

The retail behemoth will be growing substantially this year, following backlash over profits as inflation continues to impact Canadians.