Montreal’s newest (mega) shopping mall, Royalmount, officially opened its doors to the public on September 5th, 2024. The long-awaited shopping, dining, and entertainment destination is finally open after years of anticipation!
Although not all of its occupants are ready to be shopped, nearly half (over 50) of its retail stores are now open for business. Some of the coveted retailers customers can shop at include Sephora, Alo Yoga, Jimmy Choo, and more.
This is just the beginning for Royalmount, with 170 stores, including 60 restaurants and cafes, set to launch during the mall’s first phase.
The new space aims to serve as an inclusive luxury and unique shopping experience, as well as a hub for “human connectivity” with the help of its dining offerings and community spaces (such as its immersive public art trail).
“…The vision for ROYALMOUNT has always been to foster human connections, create a center of community, and usher in a new era of inclusive luxury for the city. Over the coming weeks, we will welcome new brands, restaurants and concepts, making ROYALMOUNT one of the most exciting places to visit in Montreal for all generations,” says Andrew Lutfy, CEO of Carbonleo and lead ROYALMOUNT investor.
The 824,000-square-foot shopping complex will be home to the highest concentration of international luxury flagship stores in the province, with many standalone luxury boutiques coming to Quebec for the first time, including Louis Vuitton, Gucci, Versace, Saint Laurent, Jimmy Choo, Longchamp, RH, and Moncler.
Aside from luxury, the mall also caters to a wider audience with stores such as Mango, Zara, Dynamite, and so many more available to shop. Speaking of – Dynamite just opened its largest flagship ever within the Royalmount quarters.
Click here for more information.
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Every year, Canadian Business releases their list of the fastest growing companies in Canada. The list is dubbed the Growth 500 and it’s based on five-year revenue growth. The list looks at a wide range of sectors and ranks each business in the sector they are in and compared to every business in Canada.
As we love to dive into all things retail we thought we should share the Growth 500’s list of top performing retail brands. Some are obvious, others are surprising. The best thing about this list is that even if you are in the industry you can discover things you didn’t know. For example, did you know there is a company based in Toronto that makes skins for your electronic devices and rakes in upwards on $20 million a year? Neither did we.
Check out the list below and discover the big movers and shakers in retail.
Here is the complete list of Canada’s fastest-growing retail companies.
1. Article
Growth 500: 1
Growth (2012–2017): 56581%
Revenue (2017): $100–200 million
Headquarters: Vancouver, B.C.
What it does: Sells modern and Scandinavian-inspired furniture online
2. Dbrand
Growth 500: 8
Growth (2012–2017): 6523%
Revenue (2017): $10–20 million
Headquarters: Toronto, Ont.
What it does: Sells electronic device protection and customization products
3. TDot Performance
Growth 500: 29
Growth (2012–2017): 2175%
Revenue (2017): $10–20 million
Headquarters: Toronto, Ont.
What it does: Sells automotive parts and accessories online
4. Saje Natural Wellness
Growth 500: 48
Growth (2012–2017): 1488%
Revenue (2017): $50–100 million
Headquarters: Vancouver, B.C.
What it does: Sells essential oil-based wellness products through its own stores and online
5. Certified Battery
Growth 500: 61
Growth (2012–2017): 1283%
Revenue (2017): $10–20 million
Headquarters: Burnaby, B.C.
What it does: Sells replacement parts for consumer electronics online
6. Carson Leasing and Exports
Growth 500: 92
Growth (2012–2017): 936%
Revenue (2017): $50–100 million
Headquarters: Halifax, N.S.
What it does: Sells vehicles to retail and wholesale clients in Canada and abroad
7. Venue Kings Ticket Brokers
Growth 500: 140
Growth (2012–2017): 623%
Revenue (2017): $10–20 million
Headquarters: North Vancouver, B.C.
What it does: Offers online ticket-brokering services for concerts and sporting events
8. AVShop.ca
Growth 500: 151
Growth (2012–2017): 552%
Revenue (2017): $10–20 million
Headquarters: Markham, Ont.
What it does: Retails and wholesales audio-visual equipment to consumers and businesses
9. Supplement King Canada
Growth 500: 156
Growth (2012–2017): 541%
Revenue (2017): $5–10 million
Headquarters: Halifax, N.S.
What it does: Franchises a chain of stores selling health and fitness supplements
10. Mini Mioche
Growth 500: 169
Growth (2012–2017): 485%
Revenue (2017): $2–5 million
Headquarters: Toronto, Ont.
What it does: Manufactures and sells organic, ethically made children’s clothing sold online and in retail stores
11. Mama Earth Organics
Growth 500: 185
Growth (2012–2017): 415%
Revenue (2017): $10–20 million
Headquarters: Peterborough, Ont.
What it does: Delivers local and organic produce to homes
12. Yoga Tree Studios
Growth 500: 418
Growth (2012–2017): 133%
Revenue (2017): $2–5 million
Headquarters: Toronto, Ont.
What it does: Offers yoga classes, workshops and teacher training at studios in the Toronto area
13. The Ten Spot
Growth 500: 425
Growth (2012–2017): 128%
Revenue (2017): $2–5 million
Headquarters: Toronto, Ont.
What it does: Offers nail and other spa services and products through a chain of beauty bars
14. D&D Vehicle Sales
Growth 500: 488
Growth (2012–2017): 98%
Revenue (2017): $20–50 million
Headquarters: Camrose, Alta.
What it does: Sells, rents and leases vehicles and performs automotive service and repairs
Photo source: Instagram @Sajewellness
According to CP24, Yorkdale Shopping Centre in Toronto’s north end has just had a forced evacuation after the “sounds of gunshots”, according to police.
There isn’t much news on the situation but Police has said on Twitter that “Offices have confirmed a discharge”.
Police are telling people to avoid this area for the rest of the day.
We will keep you posted as this story develops.
Source: CP24
Reuters is reporting that Guess’ co-founder, Paul Marciano has resigned as the company’s executive chairman after a committee completed their investigation into allegations of improper conduct.
Although there has been a history of alleged improper behaviour, the catalyst behind Mr Marciano’s departure was famous model/ actress Kate Upton who tweeted that Marciano used his power to harass women. After the allegations from Upton in February Marciano took a step down from his day to day responsibilities.
Although Marciano stepped down, Reuters reports that the investigative committee concluded that the allegations which included inappropriate texts and comments could not be corroborated. The committee did conclude that in certain situations Marciano used poor judgement in communicating with models and photographers.
Guess did pay out $500,000 in non-confidential settlement agreements to 5 individuals who made claims against Marciano.
Guess appointed Paul Marciano’s brother, Maurice Marciano as current chairman of the board.
Yesterday, Apple posted a formal letter officially apologizing for tinkering with the performance of older iPhones and their batteries. Last week it was revealed that Apple slows down the performance of older iPhones. After their latest iOS update, Apple explained that they were trying to extend the life of older iPhone batteries.
“We’ve been hearing feedback from our customers about the way we handle performance for iPhones with older batteries and how we have communicated that process. We know that some of you feel Apple has let you down. We apologize. There’s been a lot of misunderstanding about this issue, so we would like to clarify and let you know about some changes we’re making.
First and foremost, we have never — and would never — do anything to intentionally shorten the life of any Apple product, or degrade the user experience to drive customer upgrades. Our goal has always been to create products that our customers love, and making iPhones last as long as possible is an important part of that.”
In the following part of their post, the tech giant dwells deep into technical details. They give a long description of iPhone battery functions and performance. Apple goes on to explain that downloading the new update (iOS 10.2.1) will improve your battery life during heavy use. In an effort to appease customers, Apple will offer a $29 battery replacement for a full-year starting in January 2018. While users will still have to cough up $29, it’s better than the $79 USD usual cost for a battery change. If you have an iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, and iPhone SE, you can consider getting your $29 battery upgrade.
Read the full letter here
What do you think about Apple’s formal letter?
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It’s that time of year again when various organizations round up the best, worst or most interesting events of 2017. We all love a good end-of-year list and this year The Fashion Law joins in with their own list. For 2017 the notable website that dives into fashion’s legal issues rounded up fashion’s most notable lawsuits and legal blunders of the year.
Check out the list below and read about each case on The Fashion Law’s site.
1. Supreme Court Denies Louis Vuitton’s Appeal Over “Parody” Tote Bags.
2. Carolina Herrera, Oscar de la Renta Quietly Settle Designer Legal Dispute.
3. Male Model Files Sexual Harassment Suit Against Bruce Weber.
4. How LuLaRoe Went from a $1 Billion Business to a Magnet for Multi-Million Dollar Lawsuits.
5. Forever 21 Sues Trademark “Bully” adidas, Says “Enough is Enough.”
6. Forever 21 Slaps Gucci with Strongly-Worded Trademark Lawsuit.
7. Puma Files Patent, Copyright, Trade Dress Suit Against Forever 21 Over Rihanna Shoes.
8. New Ruling in Beyoncé Photo Case Poses Potential Risks for Websites.
9. Amazon is Tricking Consumers with its “Ships from and sold by Amazon” Label, Per New Suit.
10. Kering, Alibaba Settle Counterfeiting Lawsuit … Again. But Will it Stick?
Featured image: Instagram/@louisvuitton
Working a retail job is hard. You work long hours, often while the rest of the world is on their leisure time. Weekends are non-existent, holidays are spent serving and folding clothes and you often work for lower end wages. One of the perks to working for a retail chain or store is the fact that you often get generous staff discounts. While some see it as a great benefit, others see it as just another way to keep money within the company.
Staff and employee discounts could be under attack as the latest version of the Canada Revenue Agency’s Tax Folio advises employers that “when an employee receives a discount on merchandise because of their employment, the value of the discount is generally included in the employee’s income,” with the value of the discount assessed at “equal to the fair market value of the merchandise purchased, less the amount paid by the employee,” unless the discount is “available to the public or a segment of the public, at some point during the year.” The change will essentially mean that the government plans to tax things like a small discount off for a shoe salesperson, to a tax on a meal discount for waitresses to a tax on a free gym membership for trainers.
CTV News is reporting that some Conservative MP’s and business lobby groups are accusing the Liberal government of targeting low-wage retail employees with new rules for employee discounts. The new change to the policy is expected to take place as of Jan 1st, 2018. Critics of the new policy state that this new policy targets people who are on the lowest rung of the economy. In addition to that, it means that local business owners will have the headache of tracking all employees discounts and taxing them appropriately.
Source: CTV News
If you are a Justin Bieber fan, you would have had to be living under a rock to have missed the news that he cancelled the last leg of his “Purpose” tour. With the cancellation, many fans are asking if Bieber isn’t touring, what will he be up to?
Reports are coming from TMZ and Hypebeast stating that Justin Bieber may be planning to start his own church. According to Hypebeast, Bieber wants to “reconnect with his faith” and start his own church. Sources close to Bieber, including Richard Wilkins, told Today Extra, “I am led to believe that the real reason he has come off the road is because he wants to reconnect with his faith and he may be even planning to start his own church.”
Justin Bieber made an announcement and apologized to his fans via TMZ for cancelling his upcoming shows, saying: “I love you guys, I think you guys are awesome. Sorry for anyone who feels disappointed or betrayed, it’s not in my heart [or] anything, and have a blessed day.”