Canada Archives - Inside Retail Asia
Uniqlo Canada has announced four new stores, almost doubling its network.
Jollibee Foods Corporation (JFC) has opened its first Canadian outlet, Jollibee Winnipeg.
Hudson’s Bay is to launch its Saks outlet brand in Europe with the announcement of five store locations initially.
Indian footwear and outdoor gear brand Woodland is planning to open stores in China, Malaysia and Singapore along with franchising its brand in other markets.
Fast-rising Canadian street sportswear fashion label Hip & Bone has formed a joint venture with MRH SpaRotica Groupe – Hip & Bone China – to roll out 50 stores in China over the next five years.
Loblaw Canada will close 52 stores across its banner groups as it seeks to boost profitability.
SSI is to launch Joe Fresh Philippines network after reaching a deal with Canada’s Loblaw.
Canadian retailer Blacks Photography is to close its last 59 stores, succumbing to the digital era.
Target Canada will close the last of its 133 stores by April 12, leaving 17,600 staff jobless and owing literally billions of dollars to suppliers and landlords.
Jeweller Luk Fook says its expansion from Hong Kong into mainland China is paying off. The company reported a 25.1 per cent decrease in sales for the six months to September to HK$7.542 billion a figure artificially skewed by the effect of the previous year’s “gold rush”. Gross profit was down just 11.1 per cent Wong Wai Sheung, chairman and CEO said revenue and profit attributable to equity holders reached the second highest in interim record, beaten only by last year’s ‘gold ru…
Hong Kong-based fashion retailer Esprit is to close all its stores in North America after failing to find buyer.