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
The French luxury brand has expanded from a 150 square foot shop-in-store on Alberni Street in the 1990’s to a massive two-level flagship at one of the city’s most important intersections.
Other News: Richemont Opens Montblanc and Vacheron Constantin in Vancouver, Rudsak Opens Concept Store, Dior Opens 1st Canadian Fragrance Boutique, First Ballet School to Open in a Canadian Mall, Amazon Announces Significant Retail Successes in Canada.
Hermes reveals orange hoarding for flagship in Vancouver, Duer Jeans launching Toronto storefront next month, Sleep Country Canada partners with Walmart for Bloom mattresses, controversy surrounds Vancouver Fashion Week.
The French luxury brand has created an interactive activation to showcase its scarves, and is welcoming the public to learn and interact, while enjoying a complimentary coffee.
We’re predicting that this year will be one of highs and lows — Sears Canada will shutter, Nordstrom Rack will enter Canada, marijuana will be legalized, and plenty of other developments.
Hermès' co-CEO Patrick Thomas says that Canada is the brand's fastest growing market, at about 20%/year. Canadian sales at Hermès are also similar to those of Germany, an affluent country with more Hermès stores and well over twice our population.
Hermès' sales...
On the weekend we visited the partially renovated ground floor of Vancouver's downtown Hudson's Bay store. Renovations to the north-east part of the store (formerly part of the 2010 Olympic Shop) are nearly complete, and they include vendors such as an Hermès fragrance...
North America's first Hermès fragrance shop has opened at Holt Renfrew, Yorkdale Shopping Centre in Toronto. The shop carries the entire collection of Hermès fragrances for both men and women. It is located within the new 10,000 square foot beauty hall at Holts Yorkdale,...
French luxury goods manufacturer/retailer Hermès achieved record profits in 2012 with a 22.6% increase over 2011 sales. Asian consumers account for much of the growth including several store openings and renovations. Hermès has five Canadian stores in four Canadian...