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Desigual Launches In Canada

October 30, 2014

Barcelona based fashion brand Desigual opened their first Canadian store (3000 sq.ft) this morning, at Montreal Premium Outlets and confirmed plans for two more locations before year end. 

The two additional units will be at Carrefour Laval (2843 sq.ft), the province of Quebec’s top performing shopping centre. This store will be the company’s first full priced Canadian location. Thereafter, Desigual opens a 2500 sq.ft space at Quartier Dix30 (the largest shopping centre in Quebec).  

The three agreements were negotiated by Think Retail CEO, Tony Flanz, who acted on behalf of Desigual. 

Desigual’s Canadian entry is part of the company’s aggressive plans for global expansion. Desigual expects to open approximately 75 stores worldwide in 2014 and 75 more locations in 2015.

Desigual will continue to explore opportunities in the province of Quebec. Super regional malls and downtown high street locations are preferred. Size required is 2500-3000 sq.ft.

In other Desigual news, the company just opened its largest flagship store in the world, a 32,295 sq.ft location at Plaza Cataluna in Barcelona.

Desigual was founded in 1984 by Thomas Mayer. Just recently, Paris-based Eurazeo SA invested $390.7 million for a 10% stake in the company. Last year, the company reported sales of approximately $1.1 billion US. Net profit during this period increased 70% over the previous year. Desigual operates over 450 corporate stores. Their products are sold in 109 countries. 

For additional information, please visit Desigual’s website at www.desigual.com.

Lole Opens at Toronto Premium Outlets

October 16, 2014

Last month, Lole opened their first outlet store at Toronto Premium Outlets. The atelier is 2,000 square feet and is the company’s largest location to date. Neighbouring tenants include Nike, Gap Outlet, Oakley Vault, Quiksilver, Asics…etc. 

Lole stores specialize in the sale of technical, versatile and feminine fashion apparel for active, urban woman. 

In other Lole news, the company is now under construction and set to open its first location in British Columbia, at the Sunspree Resort in Whistler. The premises is 1,100 square feet, and is located in the heart of the Whistler Village stroll. The store is scheduled to open in early November. 

We can also confirm that Lole has also finalized an agreement to open at McArthur Glen’s Vancouver Designer Outlets. The shopping centre’s grand opening is scheduled for May 2015. The store will be 1,233 square feet. 

The above-mentioned transactions were negotiated by Think Retail, Lole’s exclusive Canadian real estate broker.

Lole continues to expand in Canada and have targeted the following markets for growth: Calgary, Toronto and Vancouver. Size required is 1,250-1,750 square feet. The company will consider locations on top high streets and in super regional shopping centres. 

Recently, Lole brought its White Yoga Tour to Montreal. The session was attended by over 6000 yoga enthusiasts, the largest yoga gathering to be held in Canada. Click on the link to see a video of this phenomenal event -  www.youtube.com/watch?v=y2Xryv2xUSg

Lole was founded in Montreal in 2002. The company is owned by an international investment fund led by Bernard Mariette (Lole’s president and CEO), Simon Equity Partners, and André Desmarais (owner of Power Corporation of Canada and La Presse), members of the Hermès family. Today there are 20+ corporate stores and 21 licensed partner locations operating in Canada, U.S, France, Switzerland, Turkey and Spain.

Finally, with the holiday season around the corner, Lole has again, launched its Yellow Label program. Lolë invites you to donate your pre-loved coats. Once they’re inspected and washed, they are re-sold at one of Lolë’s Yellow Label Pop-up Shops. All proceeds are donated to local food banks. 

For additional information on Lole, check out the Lole app on iTunes - LolePop. Also, please visit their website at www.lolewoman.com.

Fossil Adds Three Canadian Stores

October 14, 2014

October is shaping up to be a very big month for Fossil in Canada. The Texas based, watch and fashion accessories specialist, is set to bolster its Canadian retail presence with the addition of three (3) new locations.  

Last week, Fossil opened at Polo Park  (1300 sq.ft) in Winnipeg. Next week, the company opens at Tanger Outlets Ottawa (2850 sq.ft). The following week, Fossil opens at Montreal Premium Outlets (3000 sq.ft). 
They say that good things always come in threes. Three new stores, in three weeks, in three different markets, and with three different landlords. To us hockey loving Canadians, that’s the equivalent of a natural retail hat trick. 

The new openings culminate a very busy year for Fossil in Canada. Earlier in the year, the company opened on Bloor Street in Toronto. This flagship location was the first in Canada to be fit with Fossil’s new store design prototype (see attached photos). Fossil also opened new stores at Niagara Outlet Collection, Market Mall (Calgary, AB), Masonville Place (London, ON), Lime Ridge Mall (Hamilton, ON), and Quartier 10/30 (Montreal, QC). Fossil will finish the year with 33 Canadian locations.

Fossil’s next Canadian opening is scheduled for May 2015, at Vaughan Mills (4000 sq.ft).

The above-noted transactions were negotiated by Think Retail, Fossil’s exclusive Canadian real estate broker.

Fossil was founded in 1984. Today the company operates approximately 540 stores, has 4,000 wholesale locations and 13,000 employees worldwide.

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

Murat Paris Launches In Canada

September 22, 2014

In mid-July, Murat Paris opened their first Canadian location at Place de la Cite in Quebec City. The premises is 600 square feet and is strategically situated at the mall’s main entrance. The boutique is modern, fresh, and highly appealing (see photo).

Murat Paris was founded in 1847, by Charles Murat. In 1998, the company was acquired by Marcel Robbez Masson Group. Murat Paris manufactures and specializes in the sale of jewellery, watches, and fashion accessories. Their designs are innovative and unique. Today the company operates approximately 50 stores in France, Belgium, Spain, China….etc. 

The new store at Place de la Cite is owned and operated by Bizou International Inc, who earlier this year, acquired all distribution rights for Murat Paris in the Canadian market, as well as, the exclusive Canadian license to open Murat Paris retail stores. 

Think Retail is the exclusive Canadian real estate broker for both Murat Paris and Bizou.

For more information regarding Murat Paris, please visit their website at www.murat-paris.com.

Place Tevere Open at Rideau Centre

September 12, 2014

In early August, Italian fast food specialists, Place Tevere opened in the nation’s capital, at Rideau Centre. The new restaurant (see photo) is located in the shopping centre’s new 35,000 square foot Dining Hall. The premises is approximately 400 square feet. The Dining Hall features 16 new branded eateries such as A&W, Amaya, KFC, Subway, New York Fries…etc and has seating for 850 people. 

The transaction was negotiated by Think Retail, Place Tevere’s exclusive Canadian broker.

Rideau Centre is the top performing shopping centre in Ottawa. The property is owned by Cadillac Fairview, who have begun a $360 million revitalization and expansion at the centre. Project highlights Include the opening of Nordstrom (157,000 square feet) in March 2015. Quebec based department store, Simons (100,000 square feet) has also confirmed and will open in 2016. Further, the shopping centre will be renovated with a contemporary, fresh and modern look.

Place Tevere was founded in 1968 by Oreste Pulice. Today, the company operates 21 locations in Quebec and Ontario.

In addition to the new location at Rideau Centre, we are also pleased to announce that Place Tevere has reached agreement to open at Complexe Desjardins in downtown Montreal. The restaurant is scheduled to open in October.

Place Tevere is looking to expand in existing markets. Super regional centres are preferred. Size required is 400 square feet.

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

Lindt Sweet On Canada

July 17, 2014

Swiss Chocolatier Lindt is set to open several new locations in Canada and have retained Canadian based real estate brokerage firm Think Retail, to assist with their retail expansion.

The company is planning to open five (5) locations in 2015 and another five (5) sites in 2016. The following markets are targeted for growth: Ontario, Alberta, BC, Quebec and New Brunswick. Lindt will consider openings in outlet centres, high streets, super regional malls, large open air centres, airports and tourist destinations. Size required is 1250-1800 square feet. Preferred co-tenants include Whole Foods, William Sonoma, Sephora, Michael Kors, Lululemon, J Crew, Polo, Anthropologie, Cineplex Odeon, and a mix of casual full-service restaurants.

Lindt recently opened two Canadian stores: Niagara Outlet Collection and Wellington Crossing (in London). Two more units are confirmed for fall - Landsdowne Park in Ottawa and Montreal Premium Outlets. The company expects to finish the year with 22 Canadian stores.

In other MAJOR news, yesterday, Lindt agreed to acquire Russell Stover Candies Inc. “It is a billion (dollar) deal. How much more than one billion I cannot say,” stated Lindt Chairman and Chief Executive Ernst Tanner in an interview on Monday. Russell Stover generates annual sales of about $600 million. The deal gives Lindt around 10% of the U.S. chocolate market, ahead of Nestle. Shares of Lindt’s parent company, Chocoladefabriken Lindt & Spruengli AG, are up nearly 3% on the news and over 15% so far this year.

Lindt & Sprungli is recognized as the market leader in premium quality chocolate, offering a large selection of products in over 100 countries around the world. During more than 160 years of Lindt & Sprungli’s existence, it has become known as alone of the most innovative and creative companies companies making premium chocolate, with six production sites in Europe, two in the US and distribution and sales on four continents. Globally, the company employs approximately 9,000 people. In 2013, Lindt & Sprungli reported net sales in excess of $2.88 billion.

For additional information on Lindt, please visit their website at www.lindt.ca.