French luxury retailer Hermes will relocate its Toronto flagship to a larger space a few doors east. It’s the latest luxury brand movement on the street, as brands move into larger spaces and grow existing stores, says one luxury retail expert.
Toronto’s current Hermes location measures about 4,000 square feet on one level, and is located at 130 Bloor Street West betweenGucci and Intermix. Hermes opened that location in the summer of 2008, relocating from a 2,500 square foot space in The Colonnade at 131 Bloor Street West. Hermes’ first Toronto location opened in the 1980’s at Hazelton Lanes.
Current Hermes store at 130 Bloor Street West. Photo: Quadrangle