Retail Insider counts well over 700 retail locations that will shutter early on this year amid a shift in consumer preferences and an otherwise challenging time for the industry. At the same time, some analysts expressed optimism as new concepts open and expand in Canada.
The UK brand’s parent company, amid challenges, has pulled the plug on plans to further expand the direct-to-consumer retail expansion globally with five Canadian stores being part of the closure.
The British luxury jewellery brand is continuing with its plans to roll-out freestanding boutiques across the country, including its first location in Western Canada.
