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Lole Makes Big Splash with Alberta Opening

September 10, 2012

In early September, ladies activewear specialist Lole opened their 1st store in Western Canada, at West Edmonton Mall (Canada's largest shopping centre). The store is 1250 sq.ft and is strategically situated on the mall's upper level, adjacent William Sonoma, Hugo Boss, Lululemon, and facing Apple and Disney.

Catering to the active woman, Lole stores specialize in the sale of technical, versatile and feminine fashion apparel for urban woman. Further, all locations offer free exercise meet-ups twice weekly at the local park, as well as, lectures given by yoga\pilates specialists, and nutrition experts. Tea and fruits are served daily at each store location.

I want to thank Triple Five's Faran Maleki for all of her help in completing this transaction. Faran is both passionate and tenacious; she (and mall owner Don Ghermezian) is always pleasure to work with.
 
At the moment Lole operate seven (7) stores in (5 in Canada and 2 in Europe). The company is looking to expand further in Canada and are focused on the provinces of Ontario and Alberta. Size required is 1250-1500 sq.ft. Lole will consider sites in super regional malls and downtown high streets.

About Lole - Lole is owned by Quebec based Coalision Inc, who as well own several exciting brands including: Orage, Pull-in, and Paradox. Combined sales are approximately $85 million. Coalision Inc is owned by Kilmer capital (whose CEO is Larry Tanenbaum of Maple Leaf Sports Entertainment). In addition to Quebec, Coalision Inc operates offices in the US, France and Hong Kong.

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