Watch Station Opens 1st Canadian StoreJune 19, 2012
In late May, Richardson (Texas) based Watch Station, opened their first Canadian location at Vaughan Mills (Ontario). The premises is 1250 sq.ft and is situated right off centre court, adjacent top retailers such as Lululemon, Aritzia, Tommy Hilfiger, and Banana Republic.
All Watch Station stores carry an extensive selection of timepieces featuring top designer brands such as DKNY, Emporio Armani, Marc by Marc Jacobs, Michael Kors, Michele...etc. You can also choose from their rare Archive Collection which includes vintage limited edition watches.
Watch Station is owned by Fossil Inc. At the moment, there are 19 locations operating in the US, Europe, Asia and (now) Canada. Average store sales are $2000 psf or $2M.
Watch Station is prepared to open full price and outlet stores throughout major markets in Canada.
Size required is as follows:
1000-1500 sq.ft (full price)
3000 sq.ft (outlet)
Property-type: Super-regional malls, Downtown high street, outlet centres, and lifestyle centres.
We'll soon be announcing the location of Canada's 2nd Watch Station's outlet location. All I can say for now is get ready Western Canada. Stay tuned for further details.
I would like to thank Sean Walters of Ivanhoe Cambridge for all of his help during the negotiations of this agreement. Sean is highly effective and a pleasure to work with.
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. The mall has a GLA of 1M sq.ft, with approximately 175 stores.Notable tenants include Coach Outlet, Holt Renfrew Last Call, Lacoste, Lululemon, Aritzia, H&M, F21, Michael Kors, A/X Armani Exchange…etc.