Holt Renfrew To Open Lower Priced Stores

Luxury Canadian retailer Holt Renfrew has announced plans to open lower priced stores called hr2. The first hr2 store will open its doors in March 2013 in Montreal. Another store in Ontario is scheduled to open later that same year.

According to news reports hr2 will sell lower-priced and diffusion lines from many of the designers currently sold in Holt Renfrew, as well as exclusive collections. Holt Renfrew’s president Mark Derbyshire called the new hr2 stores “a unique and compelling new retail concept that just does not exist here today.”

Related: Holt Renfrew’s show during Toronto Fashion Week

With stores including Target and Nordstrom coming to Canada next year, this is the perfect time for Holt Renfrew to branch out and appeal to a new market. We can’t wait to see the first hr2 store.

Tags: Canadian luxury stores, Holt Renfrew, Holt Renfrew affordable stores, Holt Renfrew Announces new stores, Holt Renfrew stores, hr2, new Holt Renfrew stores

This entry was posted on Monday, October 29th, 2012 at 10:35 am and is filed under Fashion News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.