Canadas luxury retail market takes off as brands flock to cities

center_img Advertisement Twitter Whether you’re in the market for a new $2 million Swiss watch or just window shopping, it’s pretty hard to miss a new global luxury retailer setting up shop in one of Canada’s high-end shopping streets these days.There’s has been an influx of luxury brands opening flagship stores in major urban centres like Toronto and Vancouver over the last couple of years, with some of notables being French fashion houses Chanel, Hermèsand Swiss watchmaker Richard Mille.In fact, nearly 40 per cent of the about 50 new international retailers that entered Canada last year are considered to be in the luxury segment of the market, according to Retail Insider. Facebooklast_img

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