Joe Mimran discusses plans for Roots product, stores and U.S. growth as Marquee Brands and Roots CEO Meghan Roach point to significant international expansion.
Roots has agreed to go private in a $4.10-per-share deal that will see Joe Mimran and Frank Rocchetti’s JM&A take a central operating role in the Canadian retailer.
Roots has opened a new store at Vancouver International Airport as the Canadian retailer expands travel retail and continues investing in key locations.
Roots will be opening a new store on Robson Street in Vancouver this summer. It’s also doing a major renovation of its store in Mont Tremblant, which should also be completed this summer.
Established in 1973, Roots is a global lifestyle brand. Starting from a small cabin in northern Canada, Roots has become a global brand with over 100 corporate retail stores in Canada, two stores in the United States, and an eCommerce platform, roots.com.