Luxury menswear retailer Harry Rosen says it will allocate $50 million over the next five years to move its main store and update others.
The company mentions that its main store in Toronto will occupy three floors on Cumberland Street, only 200 metres away from its current Bloor Street store.
The new main store will open by spring 2026 and will feature a patio overlooking the Village of Yorkville Park, a client lounge, an espresso bar, and valet parking on weekends.
Harry Rosen also plans to renovate its West Edmonton Mall location this year and open a store in Vancouver’s Oakridge Park development.
The company, established in 1954, has 19 stores across Canada and an e-commerce business.
In recent years, it introduced a new online outlet called Final Cut by Harry Rosen and created Herringbone, an in-store staff selling tool that has contributed to 10 percent of its online business.