Vancouver is the "polar opposite of everywhere else in North America" says an expert from Colliers which found that a lack of pandemic lockdowns has resulted in an unexpectedly robust rebound.
The sustainability-focused footwear and fashion brand has confirmed that it will open two stores in Canada this year as it launches an expansion into new countries following an IPO last year.
As many as eight new stores are planned for North America over the next year and a half. The impact-driven lifestyle brand has a charitable component that has already built 15 schools in rural Egypt.
The initiative is part of a rollout for the retailer as it diversifies its offerings based on consumer preferences, according to an executive in an interview.
JLL says that Vancouver has fared better than other markets and that luxury brands are among the players looking to move in to cater to Asian consumers.
The historic flagship will see an office tower built above, a new transit interchange, and a new tech-heavy smaller store as Hudson's Bay looks to the future of retail.
The popular Paris-based brand, known for its fashions, music and café concept, will enter the Canadian market with a storefront in an up-and-coming area of the city.
Craig and Lee discuss Gucci’s plans to expand the standalone Fairmont Hotel Vancouver store into a flagship by annexing the adjacent Omega retail space. In the meantime, Gucci has relocated to Thurlow and Alberni Streets in the former Escada space.