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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.