Vancouver

Vancouver’s Downtown Luxury Zone Sees Store Expansions, New Openings and Closures

Craig Patterson -
Downtown Vancouver's luxury retail district is changing as Brunello Cucinelli expands, Rolex renovates and Mackage prepares to relocate to Burrard Street. Several established boutiques have closed, while Oakridge Park offers a different mix of international luxury brands.

BOSS Returns to Vancouver’s Oakridge Park with New Flagship Store

Lee Rivett -
BOSS has returned to Vancouver's Oakridge Park with a 3,500-square-foot flagship featuring tailoring, lifestyle collections and personalized styling services. The store opened in May and was celebrated in October.

Daily Synopsis: November 6, 2026

Retail Insider -
Lululemon appoints brand and strategy chiefs in shakeup, Laurentian Bank closes all 55 branches, Osoyoos businesses close after roof collapses on Main St. building, and other news.

Giorgio Armani Opens Only Standalone Canadian Boutique and First Armani/Caffè at Oakridge Park

Craig Patterson -
Giorgio Armani has opened its only standalone Canadian boutique and the country's first Armani/Caffè at Vancouver's Oakridge Park. Amachris constructed the boutique and café, while DWSV Realty handled the leasing transaction.

Holt Renfrew Vancouver Sees Luxury Boutique Shakeup as Brands Arrive, Relocate and Depart

Craig Patterson -
Gentle Monster opened at Holt Renfrew Vancouver on October 30 with an installation of three moving sculptural heads. The opening comes as Brunello Cucinelli relocates its women's boutique and Tiffany & Co. and Loewe shift their Vancouver retail presence.

KIT + ACE Expands Canadian Network to 18 Locations with Brentwood Store, Prepares U.S. Entry

Craig Patterson -
KIT + ACE is expanding to 18 Canadian locations with a new store at The Amazing Brentwood in Burnaby. CEO David Lui also confirms the Vancouver-founded apparel retailer is working toward finalizing its first U.S. store under Unity Brands.

Aritzia Targets $10 Billion as Canadian Store Strategy Shifts Toward Stronger Boutiques

Craig Patterson -
Aritzia is targeting up to $10.5 billion in annual revenue by fiscal 2032 while expanding to 160 U.S. boutiques. In Canada, the retailer expects a slight decline in store count as it optimizes existing locations and consolidates legacy branded stores.

Daily Synopsis: October 26, 2026

Retail Insider -
Older workers and non-permanent residents greater share of retail workforce, Beaumont thrift store forced out due to community growth, Voyatique opens at CF Sherway Gardens, Circle K expands in Newfoundland, and other news.

UNIQLO to Open Flagship at Vancouver’s CF Pacific Centre

Craig Patterson -
UNIQLO's planned CF Pacific Centre flagship will open in spring 2027, adding a roughly 37,000-square-foot downtown Vancouver store to its six existing Metro Vancouver locations. The store joins Aritzia and Simons in Cadillac Fairview's redevelopment of the former Nordstrom premises.

Kith Opens Second Canadian Storefront at Vancouver’s Oakridge Park

Craig Patterson -
Kith has opened its second Canadian store at Oakridge Park in Vancouver. The approximately 9,000-square-foot store features men's, women's and children's fashion, footwear, Kith Treats and a distinctive street-facing design within the shopping centre's expanding international retail mix.

Aritzia Could Target $10 Billion in Revenue as Stifel Examines Next Phase of Growth

Lee Rivett -
Aritzia could unveil a fiscal 2032 revenue target of up to $10 billion at its October 27 Investor Day, according to Stifel. The analysis examines U.S. store expansion, international growth, profitability and potential opportunities in menswear.

Oakridge Park Hosts Fashion Showcase with John Legend and Joe Zee in Vancouver

Craig Patterson -
Vancouver's Oakridge Park hosted its inaugural Front Row fashion showcase on October 15, with Joe Zee hosting and John Legend performing live at the piano. The event brought together the city's luxury retail community as the newly opened development expands its cultural programming.

Jollibee Sees Potential for Hundreds of Restaurants in Canada as Expansion Accelerates

Craig Patterson -
Jollibee sees potential for hundreds of Canadian restaurants as 26 franchised locations are committed in B.C. and Edmonton.

Aritzia’s Store Network Has Shifted South as U.S. Expansion Accelerates

Lee Rivett -
Aritzia now operates more boutiques in the United States than in Canada as the Vancouver-founded retailer directs most new-store growth south of the border. Its mature Canadian network offers a useful template for the company’s push toward a potential 180-to-200-store U.S. footprint.

Lululemon Cuts Store SKUs by 15% as Retailer Slows Expansion

Craig Patterson -
Lululemon is cutting store SKUs by 15%, testing localized assortments and slowing net expansion while continuing to invest in Canadian stores.

Lululemon Canada Sales Fall 11% as Outlook Weakens

Craig Patterson -
Lululemon's Canadian revenue fell 11% in Q2 as traffic and product challenges intensified, with the retailer warning of deeper declines ahead.

Canada Could Lose 2,500 Restaurants in 2026 as Industry Pressures Mount

Sylvain Charlebois -
Canada may avoid the 4,000 restaurant losses once forecast for 2026, but Sylvain Charlebois says up to 2,500 could still disappear as industry pressures intensify.

Vancouver retail continues to be a resilient real estate asset class: Colliers report

Mario Toneguzzi -
As of mid-year 2026, the Urban Retail Colliers Index Vacancy Rate is 2.96%, down from 2.99% at year-end 2025.

Fendi Opens Only Standalone Canadian Boutique at Vancouver’s Oakridge Park

Craig Patterson -
Fendi has opened its only standalone Canadian boutique at Vancouver's Oakridge Park, bringing the Italian luxury house back to standalone retail in Canada nearly three decades after its first Vancouver boutique.

Fairleigh Dickinson University Opening New Campus at Oakridge Park in Vancouver

Craig Patterson -
Fairleigh Dickinson University will open a 70,000-square-foot Vancouver campus at Oakridge Park, bringing new weekday activity to the mixed-use development.

World Cup Drives 35% Increase in International Card Spending in Canada: Visa

Lee Rivett -
Visa says inbound international card spending in Canada rose more than 35% during the opening weeks of the 2026 FIFA World Cup in Toronto and Vancouver.

Longines to Open First Canadian Boutique in Downtown Vancouver

Craig Patterson -
Swiss watchmaker Longines will open its first Canadian boutique in downtown Vancouver’s Luxury Zone.

Rains Opens Yorkdale Store as Canada Becomes Key Growth Market

Craig Patterson -
Danish lifestyle brand Rains has opened its second Canadian store at Yorkdale as it expands retail, wholesale and e-commerce operations in Canada.

Vestis Expands with Max Mara’s Return to Oakridge Park

Craig Patterson -
Vestis Fashion Group has reopened Max Mara and Weekend Max Mara at Oakridge Park, bringing exclusive collections to Vancouver and expanding its luxury retail footprint.

Fairmont Waterfront completes first phase of renovation as Vancouver cruise traffic climbs

Mario Toneguzzi -
The downtown Vancouver hotel said the initial phase of the project includes 96 redesigned guest rooms and comes as cruise passenger volumes continue to rise at the Port of Vancouver.
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