Jimmy Choo – The legendary luxury footwear and accessory brand Jimmy Choo has announced that it will be launching its first freestanding Vancouver space in early 2018. Our city’s burgeoning ‘Luxury Zone’ is continuing to expand, led by the first step taken by luxury watch brand Hublot, a Klondike Contracting project that was completed last year at Alberni Street. The Jimmy Choo store is expected to measure at 1,549SF and will be Canada’s second freestanding Jimmy Choo store. In addition, Cartier and Hermes are also slated to open in the Luxury Zone in 2019; check our blog in the coming months for more news!
Off-White – Vancouver’s Luxury Zone is certainly heating up this year with another addition! Edgy streetwear brand Off-White is also scheduled to open a store in the lane between the 1000 blocks of Alberni Street and Robson Street later this month. Fans of the brand can expect their usual cross between streetwear and high fashion to be showcased, accented by the brand’s signature thick diagonal stripes.
Nespresso – Nestle’s Nespresso retail concept is rapidly expanding across Canada, with another Nespresso space slated to open at Metropolis at Metrotown. Nespresso has only one other Lower Mainland location at the Oakridge Centre but the Metrotown location is expected to be considerably larger! We don’t have much else on this story but we are keeping our eyes close to the ground as always.
2018 Retail Forecast – Leading online retail industry publication, Retail Insider – has released their 2018 Canadian Retail Forecast, revealing some the continuation of current industry trends and predicting some exciting new ones. Unsurprising to no one, Canada is poised to welcome even more international brands (over 50 international brands did so in 2017), among which include Canada Goose, MINISO, Moose Knuckles and SEE Eyewear. E-commerce will continue to grow but Canada’s malls remain king as the country’s top shopping centres continue to expand and invest in varied food-and-beverage offerings. View the entire forecast here: https://www.retail-insider.com/retail-insider/2018/1/2018-canadian-retail-forecast-analysis