Photo: mcroeselare.be
Upscale German women’s fashion brand Marc Cain plans to enter the Canadian market with five free-standing locations, beginning with two stores in the Province of Quebec. The company continues to seek real estate across the country, and it has retained a brokerage to coordinate its Canadian expansion.
Founded in Bodelshausen, Germany in 1973, Marc Cain operates almost 200 stores in 34 countries, as well as over 300 shops-in-stores. The company did sales of 246 million Euros in 2014. Brokerage Oberfeld Snowcap represents Marc Cain in Canada and according to its website, Marc Cain seeks retail space in enclosed malls, outlets/power and lifestyle centres, and urban streetfronts. Stores will ideally be in the 1,500 square foot to 1,800 square foot range, according to Oberfeld Snowcap.
Photo: www.buehler-innenausbau.de
Marc Cain’s first two Canadian locations will open on October 1 at Montreal’s Carrefour Laval and Quebec City’s Place Ste-Foy. On October 15, the company will open at Calgary’s Chinook Centre. In early 2016, two Toronto-area locations are confirmed – one opening March 15, 2016 at Mississauga’s Square One and on April 14, 2016 at Toronto Eaton Centre.
Thank you Urban Toronto‘s ACT7 for being a source for this article.
Canadian Retail News From Around The Web: August 27, 2015
