There will be two fewer designer boutiques the next time you take a browse at the Saks Fifth Avenue in downtown Toronto.
According to Retail Insider, Louis Vuitton and Christian Dior have both shuttered at the 176 Yonge Street location.
Both brands are owned by LVHM which is a French-holding multinational corporation specializing in luxury goods.
The Louis Vuitton boutique has operated in the Saks Fifth Avenue spot since the opening of the department store in 2016. It took up 1,200 square feet and offered a beautiful range of classic bags and accessories.
Dior then opened its two boutiques a few months later. One of the locations was on the main floor which carried bags and accessories, while the other was a women’s ready-to-wear boutique on the third floor.
Other luxury brands that have exited Saks Fifth Avenue are David Yurman in 2019, Aesop which left both Saks stores in Toronto, and Celine.
Saks Fifth Avenue continues to operate two other spaces in Canada at CF Sherway Gardens and CF Chinook Centre. Plus, its off-price department store, Saks Off Fifth, still has a handful of locations across the country.
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