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Fossil Signs Lease for Bloor Street Flagship

February 13, 2014

Fashion accessories specialist Fossil confirmed its plans to open a 2,500 square foot flagship store on Bloor Street. The premises, previously occupied by Aldo, is situated on the exterior of the Holt Renfrew centre, in the heart of Toronto’s Mink Mile (on Bloor between Yonge & Bay Street). Neighbouring tenants are Aritzia, BCBG, Zara and Holt Renfrew. The store will be the second largest Fossil (full price) in Canada; the largest being the newly opened store at Yorkdale, which is 2,600 square feet. Opening is scheduled for June 1.

In addition to the Bloor Street store, Fossil will open 8 more units in Canada this year: Montreal Premium, Market Mall, Niagara Outlet Collection, Polo Park, Tanger Outlets Ottawa, Masonville Place, Lime Ridge, Quartier 10-30. Fossil will finish 2014 with a total of 32 Canadian locations. 

Fossil is primed for further Canadian expansion and expects to open 5-8 locations in both 2015 and 2016. Fossil’s size requirements are 1250-1500 square feet (minimum store width of 23.5 feet). Super regional centres, downtown high streets and outlet centres are preferred.

In other Fossil news, the company has confirmed a Q4 global launch for its new Tory Burch timepiece collection.  

Fossil operates over 543 corporate stores in 15+ countries including: US, UK, Canada, Italy, France, China, Australia….etc. Further, the company’s net sales are now in excess of $3 billion.
For additional information regarding Fossil, please visit their website at www.fossil.com.