Blog

Watch Station Confirms Canadian Launch

April 10, 2012

We are pleased to announce that Watch Station International will open its first Canadian location on June 1, at Vaughan Mills, in Vaughan, Ontario. The store, 1200 sq.ft, will be strategically situated right off the mall's centre court, adjacent top brands such as Aritzia, Lululemon, Banana Republic, Tommy Hilfiger...etc.

At Watch Station, you'll find the right watch for every occasion. Their selection includes: Burberry, Marc By Marc Jacobs, A\X Armani, Michele, Michael Kors...etc.

Watch Station is owned by Fossil Inc. At the moment, there are 17 stores operating in the United States, Europe, and Asia. In terms of performance, a typical Watch Station's median store sales are in excess of $2M, a staggering $2000 psf.

Watch Station is excited about their Canadian launch and have plans to open additional locations. Markets of interest include the following: Calgary, Edmonton, Montreal, Toronto, and Vancouver. Size required is 1000 sq.ft (with 23.5 ft min width). Property-type: Super regional malls, and downtown high streets.

About Vaughan Mills - The centre is owned by Ivanhoe Cambridge and is the top performing outlet centre in Canada. Sales are approximately $600 psf. Annual traffic is 13M. It should be noted that both sales and traffic have increased annually, each year since the mall's opening in 2004. The mall has a GLA of 1M sq.ft, with approximately 175 stores. The shopping centre boast an impressive list of best in class retailers such as Coach Outlet, Holt Renfrew Last Call, Lacoste, Lululemon, Aritzia, H&M, F21, Michael Kors, A?X Armani Exchange…etc.

Finally, I'd like to thank Ivanhoe's VP National Leasing, Sean Walters, for all of his help, efforts, and patience. Simply put, without Sean's assistance, we would not have completed this transaction. Sean had to intervene a couple of times to help resolve both key lease and design issues. Phenomenal job Sean.

For more information on Watch Station International, please visit their website at www.watchstation.com.