Craig and Randy Harris, President and Founder of Trendex North America, discuss the success of international retailers entering the Canadian market at a challenging time for the economy. That includes Nordstrom exiting Canada, and some success stories.
A new report by Trendex says that the second-hand apparel market could be the fastest-growing segment in the industry, and that mainstream retailers could jump on the bandwagon amid a consumer shift.
A Trendex reports provides insight into the future of retailing in Canada which will include more luxury brand stores as well as the closure of some high-end multi-brand retailers as brands target consumers directly
An industry analyst explains how Canada continues to lag behind the trend when compared to our neighbours to the south, and how the rise of e-commerce will pose an even bigger challenge.