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Luxury Retail Making a Comeback in Canada

14/2/2021

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 Luxury retailers continue to target the Canadian market despite the COVID-19 pandemic. International tourism has fallen in Canada. This has caused a problem for several luxury stores that were reliant on tourism numbers of Asian shoppers in the past. Unexpectedly, Canadian Luxury retailers have been able to capitalize on local shoppers that may have gone elsewhere or spent money during trips. Some brands are seeing higher sales during 2020 than in 2019. There are several luxury brands opening stores in Canada in 2021. The Toronto market is leading in terms of retail luxury expansion. The Golden Horseshoe is home to more than six million people, some of the wealthiest in Canada call it home.
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Luxury Retails Openings
  • Italian Luxury Brand Isaia 
  • Miami-Based Brand The Webster 
  • New York City-Based Brand Thom Browne 
  • Italian Brand Golden Goose


Luxury brands are also expanding in Canada online, as e-commerce grows due in part to the lockdowns in parts of the country. The year 2021 is the time to invest locally. 
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    Canadian Cosmetic Cluster Team 

    Uniting Canadian Cosmetics and Bringing it to the World

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  • Welcome
    • Our Services >
      • Beauty Business School >
        • Week 1
        • Week 2
        • Week 3
        • Week 4
      • Formulation Labs
    • Canadian Cosmetic Cluster
    • Trade Missions >
      • How It Works
    • Privacy Policy
  • Cluster Updates
  • Welcome to the ChemBox
    • ChemBox 2nd Edition >
      • Nanovetores
      • TC USA
      • Full Circle Beauty NECTA
      • Native Extracts
      • Glacial Bay Clay
      • CoSeed Bio Pharm Co
      • Simply Ingredients - Green Tea Wax
      • NAP Tea Tree Oil
    • Pilot ChemBox >
      • Provital
      • Biolie - Ruby Red
      • INdermal - DDS Retinol
      • Mirexus - Phytospherix
      • Full Circle Beauty
      • MMP
      • Natural Immunogenics
      • Simply Ingredients - Hyaluronic Acid
      • Manicouagan Sea Minerals
      • Packaging
  • Cluster Members
    • Canadian Cosmetic Industry
    • Raw Material Suppliers
    • Packaging Suppliers
    • Cosmetic Manufacturers
    • Claims and Testing
  • ChemBox Solutions