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.
Groupe Dynamite growth, Toys R Us gets court permission to sell, Brunello Cucinelli expanding, luxury handbag rental firm Zero Collective expands to Ottawa, Bloor Street rents up, and other news.
Adding to the mix of the rapidly transforming area is a new spa concept unlike any other in the city, as well as new art displays that are an extra draw to the Bloor-Yorkville neighbourhood.
Despite the economy and currency, a remarkable number of international retailers came to Canada last year. We list and describe 28 brands that entered Canada by opening freestanding locations.