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Bizou to Launch in Saudi Arabia

July 07, 2014

Canadian based fashion accessories specialist, Bizou, will open its first location in Saudi Arabia at Panorama Mall in Riyadh. The store is scheduled to open in early September.

Bizou’s push into Saudi Arabia is part of license agreement with Qaiymah Products Inc, a wholly owned subsidiary of Rubaiyat Co. Rubaiyat was founded in 1980 by the Binzagr family, and is a major player in the Saudi market.The company is the exclusive Saudi wholesaler and operator for premium luxury brands such as A\X Armani, Gucci, Prada, Ermenegildo Zegna…etc. The partnership between Bizou and Qaiymah will see Bizou open 20+ locations in Saudi Arabia during the next few years.

In other Bizou news, earlier this year, Bizou opened its location in France at La Toison Dor in Dijon. 
Closer to home, in late October, Bizou will open their first outlet store at Simon Property Group’s Montreal Premium. The store will be 800 sq.ft and will be located at the mall’s 50 yard line, adjacent Michael Kors, Banana Republic, Watch Station, Coach, BCBG…etc. The transaction was negotiated by Think Retail who is Bizou’s exclusive Canadian real estate broker. 

In addition to the above, Think Retail  be making another major announcement regarding Bizou  in the next month. Stay tuned for the exciting details. 

Bizou was founded in 1984, by Marcel Labrecque. Today, the company operates 130 stores.  For more information on Bizou, please visit the company’s website at www.bizou.com.

Surplus The Official Diesel Outlet Opens in Niagara

June 30, 2014

In mid-June, Surplus The Official Diesel Outlet opened its fifth (5th) Canadian location, at the Niagara Outlet Collection, in Niagara On the Lake, Ontario.The store is 1,750 sq.ft and is strategically situated adjacent globally recognized super-brands such as J Crew, DKNY, Kate Spade, Bebe, Banana Republic, Polo…etc.

Surplus is Diesel’s Official Canadian outlet store. All shops carry a full selection of Diesel’s premium luxury denim, clothing and accessories.

This transaction was negotiated by Think Retail who is the exclusive Canadian real estate broker for Surplus The Official Diesel Outlet. 

Diesel was founded in 1978, by Renzo Rosso. The company is based in Italy and has long been a leading pioneer in denim and casual fashion. 

With the doors now open in Niagara, Surplus is now prepared to look for additional growth. The company is now interested to open in 2016, another location in the province of Ontario. Store size ranges from 1500-2000 sq.ft.  The Niagara Outlet Collection is owned by Ivanhoe Cambridge. The property opened in mid-May, at a cost of approximately $178M. The open air centre is 488,000 sq.ft with 80 stores including such tenants as Michael Kors, Brooks Brothers, Coach, Ugg, Chicos, Nike, Bass Pro….etc. 

Ivanhoe has also recently confirmed that it will open outlet collections in Edmonton and Winnipeg. Both are scheduled to open in 2017. In addition, the company is currently pre-leasing Tsawwassen Mills in British Columbia, which opens in May 2016. 

For more information on Surplus The Official Diesel Outlet, please visit their website at www.surplusclothing.ca.

Fossil to Open 9 Canadian Locations in 2014

May 16, 2014

In April, watch and accessories specialist Fossil opened three Canadian locations - Masonville Place in London, Lime Ridge in Hamilton and Quartier Dix30 in Montreal. 

This morning Fossil opened at Ivanhoe Cambridge’s Niagara Outlet Collection. Further, later this month, the company will open their Canadian flagship store on Bloor Street in Toronto. This will be Fossil’s first Canadian location that will showcase the company’s new, upscale and modern design prototype (see photos). 

Fossil is also scheduled to open in the following shopping centres: Market Mall (Calgary), Polo Park (Winnipeg), Tanger Ottawa Outlets and Montreal Premium. The company will finish the year with 33 Canadian locations. 

In addition to the above, we can now confirm that Fossil has finalized their 1st deal for 2015 which is scheduled to open next May at Vaughan Mills.

Fossil continues to expand in Canada. Markets of interest include Toronto, Calgary and Vancouver. The company will consider opportunities in super regional shopping centres, outlet centres and high street locations. Optimal store size is 1250-1500 square feet. Outlet locations require 3000 square feet. 

For more on Fossil, please visit their website at www.fossil.com.

Lole - New Ownership and New Markets

May 15, 2014

In early May, ladies activewear specialist Lole made a blockbuster announcement that an investment group led by Bernard Mariette, CEO & President of Coalision Inc has purchased a majority interest in Coalision. The new ownership group includes some very high profile backers - Simon Equity Partners, (the private investment arm of Simon Property Group), members of the Hermes family, the Desmarais Group (owners of Power Corporation of Canada & La Presse) and the Fonds Solidarite FTQ.

The new investment will enable Lole to expand its retail and e-commerce business internationally, as well as its global wholesale business. Mr. Mariette stated that ’This strategic financial transaction represents a turning point for Lole as it confers upon us the network, the expertise and the financial strength to compete worldwide with major players in the industry.’ In the last 3 years alone revenues have grown by over 130%. 

With respect to its retail expansion, Lole’s plans are aggressive. Fifty (50) new openings are forecasted during the next five (5) years. In this regard, the company just confirmed that it will open a new store in trendy, upscale Soho fashion district in New York City. The boutique is located at 112 Mercer Street . A June opening is scheduled.

Further to the above, in July, Lole will open in Whistler; this will be the company’s first store in British Columbia. Lole also just finalized an agreement for McArthur Glen’s upscale designer outlet in Vancouver, which is scheduled for a fall 2016 opening. In addition, the company will open 2 (more) boutiques this summer in Ontario. The first with Simon Property Group at Toronto Premium; the second Ontario location will open at Square One (Ontario’s largest shopping centre). 

Going forward, Lole has forecasted 5-6 Canadian opening for 2015. Markets of interest include Calgary, Toronto and Vancouver. Size required is 1250-1500 square feet. The company’s preference is to open on downtown high streets and super regional shopping centres.

For additional information on Lole, please visit their website at www.lolewomen.com.

JNBY Eyes Toronto for Pop Up Store

May 14, 2014

Upscale ladies apparel retailer JNBY has its sights on set on Toronto for its next Canadian store location. The company is seeking to open a pop-up store in either the posh Yorkville shopping district or on the trendy Queen West Street (between John and Spadina). In addition to the above, JNBY may also consider locations in those affluent super regional shopping centres. Size required is 1250-2000 square feet.

JNBY operates four Canadian locations; 3 stores in Vancouver. Further, just last year, JNBY opened its first boutique in Calgary. 

JNBY was founded in China, in 1994. The company’s name is an acronym for Just Naturally Be Yourself. JNBY’s apparel is original and innovative, design driven and often inspired by trends in fashion, art and industrial design. JNBY’s target customer is the fashion forward, urban, 20-40 year old female. Today, the company operates over 500 locations worldwide. 

For more on JNBY, please visit their website www.jnby.ca.

Place Tevere Heading to Rideau Centre

April 28, 2014

Italian fast food specialist Place Tevere confirmed that it will be opening in early August, in the new Dining Hall at Rideau Centre. The premises will be 450 square feet. The new store will be the company’s first location in the nation’s capitol.   

Place Tevere was founded in 1968. Today the company operates 20 restaurants in Ontario and Quebec.

Place Tevere is seeking to open additional locations in Ontario and Quebec. The company’s focus is on super regional shopping centres. Size required is 350-450 square feet.

Further, we’re dotting the i’s and crossing the t’s on another new Place Tevere location. We anticipate announcing this new site during the next 60 days. Stay tuned for details.

Rideau Centre is the top performing shopping centre in Ottawa (and ranked #7 in Canada). Sales are approximately $1040 per square foot. Owned by Cadillac Fairview, the property is currently undergoing a $250M re-development which will see the addition of 180,000 square feet of new retail space. Nordstrom has already announced that it will open a 150,000 square foot flagship store on the upper two floors of the former Sears space. In addition, Quebec based Simon has as well, been confirmed. Other new tenants to the project include H&M, Victoria Secret, J Crew…etc. The re-development is scheduled to be completed by fall 2015.  

For additional information on Place Tevere, please visit their website at www.placetevere.com.