Toronto's first Saks Fifth Avenue store celebrated its grand opening this morning. A fashionable crowd gathered in front of the Eaton Centre bridge to the Hudson's Bay building to catch a first glimpse of the luxurious new retailer as the doors opened.
Just past the bridge a string quartet greeted the first visitors at the store's second-floor entrance, which was lined with expensively coutured mannequins. Things smelled of perfume.
Inside, the store's three levels of high fashion were quickly filled with their first well-heeled customers—and a pair of UrbanToronto stragglers.
Located at the eastern corner of the century-old Hudson's Bay building, the expansive new retailer fronts Yonge, Queen, and Richmond streets, with entrances marked by striated patterns of neutral tones accented with notes of gold.
On the first floor, a central atrium opens up the space above the parfumerie, with a showpiece installation. Along the first floor, the opulent space features a collection of individually appointed branded boutiques throughout the first floor.
The store's individual boutiques include well-known international luxury brands such as Céline, Givenchy, and Bottega Veneta.
The second floor features an extensive menswear collection, reflecting the company's growing focus on men's fashion. Now a subsidiary of Canada's Hudson's Bay Company (HBC), the American retailer is set to open a second Toronto location at Sherway Gardens next week.
The 169,000 ft² Downtown flagship is also set to feature a Pusateri's outlet—opening soon in the basement—providing a new lunch and grocery option for Downtown workers. Leña, a restaurant specializing in South American dishes, will open in the southeast corner of the store in May. It will be operated by Oliver and Bonacini.
While the Saks brand is now a subsidiary of HBC, the space itself—like the store Sherway Gardens—is now owned by Cadillac Fairview, following HBC's $650 million sale of the historic property in 2014.
Saks Fifth Avenue joins a growing coterie of international luxury fashion retailers to open Canadian locations. Expanding a market long dominated by Holt Renfrew, Toronto's collection high fashion retail is set to continue diversifying in coming years, with additional new brands slated to join the market.
At the north end of the Eaton Centre, the Seattle-based Nordstrom brand is set to open a flagship Canadian department store, while Mississauga's Square One has been announced as the first GTA location of Quebec's Maison Simons.
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