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article imageBritish retailer Topshop comes to Canada

By Marni Zaretsky     Mar 10, 2011 in Lifestyle
Toronto - UK-based Topshop will soon be available in Canada after a successful New York debut and a franchising deal with the Hudson’s Bay Company.
The popular fashion retailer will make its Canadian debut later this year, according to Reuters. The Bay's president and CEO Bonnie Brooks confirmed yesterday that the company has secured all franchise rights of the British label, which means we can expect to see stand-alone Topshop stores as well.
"It's a material step towards cementing The Bay as a world-class department store that delivers the ultimate fashion experience to our savvy customers," said Brooks, reports the Montreal Gazette.
The Canadian conglomerate hopes to attract a younger, more fashion-forward consumer with the advent of Topshop. With operations in 37 countries, the brand is the largest private clothing retailer in the United Kingdom, which anticipates its ability to revive the Hudson's Bay name.
"We are very excited to have secured our first introduction in the Canadian market with the partnership of The Bay and look forward to the opening of the first store in Toronto with great anticipation," says David Shepherd, Managing Director for Topman.
The cheap-chic label and its menswear clothier Topman will be available for Canadians this fall. As for the first store, reports suggest that it's likely to open at the Bay's flagship Queen Street location in downtown Toronto.
This deal will jumpstart the British retailer's expansion into North America. According to the Globe and Mail, Bonnie Brooks has expressed that the arrival of Topshop could lead to as many as 50 standalone outlets and in-store boutiques within a mere five years.
More about Fashion, the Hudson's Bay Co, The Bay, topshop, Clothes
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