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Victoria's Secret to set up flagship store in Vancouver

25 Aug '12
1 min read

American lingerie giant Victoria’s Secret is planning to open a flagship store in Vancouver, Canada, in May 2013.
 
The proposed store would come up on a 35,000 sq ft space on two floors in Vancouver’s downtown area.
 
The company has already secured a deal for the premises vacated by HMV at Robson and Burrard Street, where the lingerie chain plans to open its second-largest store in North America.
 
Victoria’s secret is following the current trend of several American brands opening their outlets in Vancouver, despite the Canadian retail sector not performing well.
 
Forever 21 and J.Crew are among the US apparel firms to have recently opened their stores in Vancouver.
 
As per Canadian statistics, retail sales in the country declined by 0.4 percent year-on-year in June this year. However, garment sales increased by 4 percent year-on-year during the month.
 

Fibre2fashion News Desk - India

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