Home / Knowledge / News / Apparel/Garments / Global apparel brands foray in Canadian retail market
Global apparel brands foray in Canadian retail market
13
Sep '12
Mr. Bob Kirke
Mr. Bob Kirke
Canada is soon emerging as the new business hub for high-end apparel retailers worldwide, especially from the US.
 
The country located in the northern part of the American continent is experiencing a new fashion revolution with upmarket international apparel brands hitting the Canadian streets.
 
“Canada is an established market with tastes, customs and retail environment similar to the US. More importantly the Canadian market has performed much better as compared to the US market during and after the global financial crisis,” cites Mr. Bob Kirke, Executive Director of Canadian Apparel Federation, while explaining the reasons behind the retail expansion in Canada in an exclusive chat with fibre2fashion.
 
“Besides, North America is now truly a single market for fashion and the Canada-US border has become increasingly irrelevant in the past few months,” he adds.
 
When quizzed about the factors that are still impeding the fashion labels to expand smoothly, he avers, “The challenge for the supply chain is that the customs and regulatory systems of the two nations are quite different and separate.”
 
“In the long run many of these new entrants will be forced to weigh the additional costs of doing business in Canada with a fairly modest market size.  Hence, in future, the firms with 10 to 20 stores might not be able to justify the expense of operating in a market the size of California,” he opines.
 
Speaking about the brands and retailers that are expected to enter the Canadian market soon, Mr. Kirke says, “Most US and to some extent international specialty stores that were not already in Canada are moving here.”
 
“Among majors, the American retailing company Target will be opening stores in 2013, and there are persistent rumours that the US-based departmental chain ‘Nordstrom’ will also announce its Canadian expansion plans shortly,” he reveals.
 
The Executive Director expects the new retail entrants will help in benefitting the Canadian fashion and apparel industry as well as boost the overall economy of the country. 
 
According to him, “The consumers will have greater choices. Moreover, the domestic manufacturers and importers, who are reluctant to create new relationships with the foreign brands, will be challenged to supply these retailers, as they have established vendors and factories.”
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X