La Maison Simons
opened its first Toronto location in Yorkdale Purchasing Centre Thursday, and chief govt Bernard Leblanc talks with the Monetary Submit’s Larysa Harapyn about how the corporate is bullish regardless of the financial headwinds dealing with retail.
The 185-year-old Quebec retailer was capable of transfer into Yorkdale and a second location within the Eaton Centre this fall as a result of U.S. division retailer
Nordstrom Inc
left Canada, saying it had been too arduous to make a revenue out there.
Simons will spend a mixed $100 million on the 2 Toronto shops and Leblanc expects them to extend the corporate’s annual gross sales by 15 per cent.
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With recordsdata from The Canadian Press