×
315
Fashion Jobs
HALONIX TECHNOLOGIES
Area Sales Manager/Territory Manager - Institutional Sales
Permanent · Dehradun
GOKALDAS EXPORTS
Manager - Warehouse (Apparel / Garment Background)
Permanent · Bengaluru
ADIDAS
Director - Finance fp&a Fsf
Permanent · CHENNAI
ADIDAS
Manager Digital Analytics - Product
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
PEOPLE ALLIANCE WORKFORCE
Quality Manager / Quality Head - Garments Manufacturing Company
Permanent · National Capital Region
By
Reuters
Published
Oct 29, 2012
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Canada's Holt Renfrew to launch lower-priced chain

By
Reuters
Published
Oct 29, 2012

TORONTO - Holt Renfrew, a closely held Canadian luxury department store operator, said on Monday it will launch a lower-priced chain called hr2 in the spring, well ahead of U.S. luxury retailer Nordstrom Inc's debut north of the border.


Holt Renfrew Calgary (photo: Holt Renfrew)

"A new hr2 division will buy distinct merchandise for these new stores, and the product will not overlap that found in Holt Renfrew stores," the company said in a statement that noted the hr2 concept would offer designer goods at "great value".

Nordstrom is opening its first Canadian store in Calgary, Alberta, in the fall of 2014, and will start rolling out its lower-priced Rack outlets, with which hr2 will compete, around the same time. President Blake Nordstrom told Reuters in September that he sees the potential for more than dozen Rack locations in Canada.

The first hr2 store will open near Montreal in March 2013, and another is planned for Ontario in early 2013.

"Canadians can look forward to a strong national presence of our hr2 stores across the country before the end of 2015," Heather Arts, vice president of hr2, said in a statement.

Despite a sluggish economy, U.S. luxury chains such as Nordstrom have outperformed rivals that cater to middle- and lower-income shoppers as affluent shoppers have kept spending.

But high-end retailers have also been cautious, typically expanding outlet chains rather than opening new full-service stores.

Holt Renfrew is part of the Toronto-based Weston family's Selfridges Group Ltd. George Weston Ltd is the majority owner of Loblaw Cos Ltd, Canada's biggest grocery chain

© Thomson Reuters 2023 All rights reserved.